Cost Control Engineer📣 Job Ad

About the Role

UCC Holding is seeking a Cost Control Engineer to join its Project Controls team in Riyadh. This full-time role is essential for supporting the delivery of luxury hotel, hospitality, and high-end fit-out projects. The position requires 2-5 years of experience in cost control within the construction industry.

Role Purpose and Context

The Cost Control Engineer will be responsible for coordinating all aspects of cost capturing, monitoring, analysis, and forecasting for assigned projects. This role ensures accurate and timely cost information, effective budget control, and comprehensive financial support throughout the project lifecycle. Working closely with Project Controls, Commercial, Procurement, Finance, Planning, and Site teams, the Cost Control Engineer will monitor project performance, identify cost variances, support budget management, and ensure project costs align with approved budgets and commercial objectives.

Key Responsibilities

• Monitor and control project costs, budgets, forecasts, commitments, and cash flow throughout the project lifecycle.
• Track project financial performance and identify cost variances, trends, and potential cost overruns.
• Prepare accurate weekly and monthly cost reports, including budget status, actual costs, commitments, forecasts, and variance analysis.
• Maintain comprehensive cost-control records, cost codes, budget allocations, and project financial data.
• Review purchase requests, purchase orders, invoices, subcontractor commitments, and other project cost transactions.
• Monitor subcontractor and supplier costs and ensure accurate allocation against approved budgets and cost codes.
• Support the Project Management and Commercial teams in budget planning, cost optimization, and financial forecasting.
• Coordinate with site and construction teams to verify project progress, quantities, productivity, and actual work performed.
• Monitor variations, change orders, and revisions to approved project budgets, ensuring proper documentation and assessment of cost impacts.
• Assist in preparing project cash-flow forecasts and updating cost-to-complete and estimate-at-completion figures.
• Analyze project expenditure against physical progress and provide early warnings regarding potential cost overruns.
• Ensure accurate and timely capture of all project costs in accordance with established cost-control procedures.
• Coordinate with Procurement, Finance, Commercial, Planning, and Site teams to ensure consistency and accuracy of project cost information.
• Support the Project Controls Lead in maintaining the overall integrity of project budgets and forecasts.
• Ensure compliance with company procedures, project requirements, quality standards, and HSE policies.

Experience and Qualifications

Candidates should possess 2-5 years of relevant experience. Experience in the following project types is highly preferred:

• Luxury Hotels & Resorts
• Hospitality Projects
• High-End Interior Fit-Out
• Commercial Fit-Out
• Residential & Mixed-Use Developments
• Large-Scale Construction Projects

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, working within the Project Controls team at UCC Holding.