Cost Control Engineer

About the Role

UCC Holding is seeking a Cost Control Engineer to join their team in Riyadh. This full-time role is responsible for managing project budgets, monitoring expenditures, and analyzing cost variances to ensure projects are completed within approved financial limits. The position requires 2-5 years of relevant experience.

Role Purpose

The Cost Control Engineer supports the implementation of cost control procedures, optimizes resource allocation, and mitigates financial risks. This is crucial for maintaining project profitability and alignment with overall 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 vs. 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.

Qualifications and Experience

• Bachelor’s Degree in Civil Engineering or a related Engineering discipline.
• 2-5 years of experience in cost control or a related field.

Location and Work Type

This is a full-time position based in Riyadh, Saudi Arabia.

Application Process

Qualified candidates are encouraged to apply.