Senior Cost Control Engineer📣 Job Ad

About the Role

Elegancia Arabia is seeking a Senior Cost Control Engineer to join our team in Riyadh, Saudi Arabia. This full-time position is integral to managing the financial aspects of mid to large-scale construction projects within the GCC region. The role requires close collaboration with project stakeholders to ensure financial objectives are met and profitability is maximized through diligent tracking of expenditures, identification of variances, and strategic recommendations for cost efficiency.

Key Responsibilities

• Monitor and control project costs throughout the entire project lifecycle.
• Prepare, review, and update project budgets, cost reports, forecasts, and cash flow reports.
• Track actual costs against approved budgets and identify any cost variances.
• Coordinate effectively with project managers, planning engineers, quantity surveyors, procurement, and finance teams.
• Review project progress, resource utilization, subcontractor payments, and cost allocations.
• Support the preparation of cost-to-complete reports and project financial performance reports.
• Analyze project risks related to cost, schedule, manpower, materials, and subcontractors.
• Assist in preparing monthly project reports for management review.
• Ensure proper documentation of cost records, variations, claims, and approved changes.
• Provide recommendations to improve cost efficiency and project profitability.

Qualifications and Requirements

• Bachelor's Degree in Civil Engineering, Architecture, or a related field.
• Minimum of 7 years of experience in cost control, project controls, or planning within the construction industry.
• Proven experience working on mid to large-scale projects in the GCC.
• Strong background in construction cost monitoring, budgeting, forecasting, and reporting.
• Ability to read and interpret drawings, Bills of Quantities (BOQs), contracts, and project schedules.
• Strong analytical, reporting, and coordination skills.
• Excellent communication skills in English.
• Previous experience in Saudi Arabia or GCC contracting companies is highly preferred.
• Experience in high-rise buildings, commercial, hospitality, healthcare, infrastructure, or large mixed-use developments is preferred.
• Background in main contracting companies is an advantage.
• Ability to work under pressure and meet reporting deadlines.
• Detail-oriented, organized, and commercially aware.

Technical Skills

• Cost Control
• Budgeting
• Project Monitoring
• Planning
• Primavera P6
• MS Project
• Microsoft Excel / Advanced Excel
• ERP systems
• SAP
• Oracle
• Candy
• Aconex
• Power BI
• Familiarity with other cost control tools or project management software.
• Knowledge of SAP, Oracle, Candy, Aconex, Power BI, or similar systems is an advantage.

Work Context

This is a full-time position based in Riyadh, Saudi Arabia. The role involves working on mid to large-scale construction projects within the GCC region, requiring strong analytical and coordination skills to manage project finances effectively and ensure adherence to budgets and profitability targets.