Cost Control Manager📣 Job Ad

About the Role

Marco is seeking a dedicated and experienced Cost Control Manager to join our team in Riyadh, Saudi Arabia. This full-time role is critical for establishing and maintaining robust cost control procedures across all projects, ensuring financial discipline and accurate reporting.

Key Responsibilities

• Revise and reissue Marco’s cost control procedures, establishing them as controlled documents applied consistently across every project.
• Own the company-wide cost breakdown structure and cost code library, enforcing a single coding standard across the portfolio.
• Establish the monthly cost control reporting cycle, including its calendar, inputs, and owners.
• Convert project budgets and margins into working control budgets and maintain them through the variation and change lifecycle.
• Maintain commitment control across subcontracts and purchase orders, providing visibility of committed, incurred, and forecast costs before expenditure is realized.
• Operate a trend and change register that captures cost movement at the point it becomes known.
• Produce monthly cost-value reconciliation for every project, comparing cost incurred against value earned and certified, and explaining the variance at the cost-code level.

Financial Oversight and Reporting

• Produce and defend the forecast cost at completion and cost to complete for each project, identifying projects trending towards loss early enough for corrective action to be possible.
• Provide cost forecasts as an input to the Chief Financial Officer for cash flow planning.
• Oversee and report project expenditure independently of the operational line, escalating cost exposure directly to the Chief Executive Officer.
• Provide the independent cost data underpinning the company’s consumption and reconciliation controls across plant and equipment, fuel, bulk materials, and labor.
• Report portfolio cost performance to the Chief Executive Officer monthly, and to joint-venture boards as required.

Team Leadership and Development

• Exercise dotted-line functional authority over project-based cost control and quantity surveying staff.
• Participate in the selection and performance review of project cost control and quantity surveying staff, and set their technical competency standards.
• Build and develop cost control capability across the projects.

Required Qualifications and Experience

Candidates for this role should possess a minimum of 10 years of relevant experience and demonstrate the following:

• Demonstrated personal ownership of cost-value reconciliation and forecast at completion on projects of significant value. Candidates should expect to detail their methodology during an interview.
• Practical experience with an ERP cost module, including participation in an implementation, migration, or major reconfiguration.
• Specific experience with Oracle Fusion cost management.
• Experience in joint-venture cost control and reporting to a JV board.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia. Salary details will be discussed during the interview process.