Senior Cost Control Engineer Luxury Hospitality & VIP Projects

About the Role

UCC Holding is seeking a Senior Cost Control Engineer to join its Project Controls team in Riyadh, Saudi Arabia. This full-time role focuses on supporting the delivery of luxury hotels, hospitality developments, high-end interior fit-out, and VIP projects. The position requires 5-10 years of experience in a relevant field.

Role Overview

The Senior Cost Control Engineer will be responsible for monitoring and controlling project finances across the entire project lifecycle. This involves analyzing cost performance, identifying potential overruns, and ensuring compliance with financial procedures for prestigious projects within the luxury hospitality sector.

Key Responsibilities

• Monitor and control project budgets, costs, commitments, forecasts, and cash flow throughout the project lifecycle.
• Analyze project cost performance, identify variances, trends, and potential cost overruns, and recommend corrective actions.
• Prepare weekly and monthly cost reports, financial forecasts, budget status reports, and management dashboards.
• Review purchase requests, purchase orders, invoices, subcontract agreements, and supplier commitments to ensure cost compliance.
• Track subcontractor and supplier costs against approved budgets and cost codes.
• Support budget planning, cost optimization, value engineering, and financial forecasting initiatives.
• Coordinate with Project Management, Commercial, Procurement, Finance, Planning, and Site teams to ensure accurate cost reporting.
• Monitor variations, change orders, and budget revisions, assessing their financial impact and maintaining proper documentation.
• Prepare cost-to-complete forecasts, estimate-at-completion reports, and project cash-flow projections.
• Identify financial risks and opportunities and provide early warnings to support informed decision-making.
• Ensure compliance with company procedures, quality standards, and HSE requirements.

Experience Required

• Candidates should possess 5-10 years of experience in cost control engineering, preferably within luxury hospitality or VIP projects.

Work Environment

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