Cost Control Engineer📣 Job Ad

About UCC Holding

UCC Holding is seeking a Cost Control Engineer to join its team in Riyadh, Saudi Arabia. This full-time position is designed for professionals with 0-1 years of experience who are ready to contribute to managing project financial performance and ensuring fiscal responsibility.

Role Overview

The Cost Control Engineer is responsible for managing project budgets, monitoring expenditures, and analyzing cost variances to ensure projects are completed within approved financial limits. This role involves supporting the implementation of cost control procedures, optimizing resource allocation, and mitigating financial risks to maintain project profitability and alignment with financial objectives.

Key Responsibilities

• Assist in developing and maintaining project budgets in coordination with project managers and stakeholders.
• Monitor project expenditures against approved budgets and identify potential cost overruns.
• Perform variance analysis to identify deviations from planned costs and recommend corrective actions.
• Prepare periodic reports on project financial performance, including budget versus actual analysis and cost forecasts.
• Support the identification of cost-related risks and opportunities, and contribute to mitigation strategies.
• Ensure adherence to cost control procedures, company policies, and financial regulations.
• Coordinate with project teams, including engineering and procurement, to align cost control activities with project objectives.
• Maintain cost tracking systems and ensure accurate recording of project expenses.
• Assist in improving cost control processes and adopting best practices for efficiency.
• Support HSE initiatives and comply with company safety and IMS policies.

Required Experience

• 0-1 years of experience in a cost control or related financial role, preferably within project-based environments.

Work Environment and Location

This is a full-time position based in Riyadh, Saudi Arabia, offering an opportunity to contribute to significant projects within UCC Holding.

Application Information

Qualified candidates are invited to apply for this position. Salary details will be discussed during the interview process.