SR. Engineer Cost Control alfanar Building Systems

About the Role

Alfanar is seeking a SR. Engineer Cost Control for its Building Systems division in Riyadh. This full-time role focuses on overseeing the financial performance of projects through effective cost management, budgeting, forecasting, and reporting. The successful candidate will monitor project costs, identify potential overruns, and collaborate with project teams to implement corrective actions and maintain financial control.

Key Responsibilities

• Lead the development and maintenance of project budgets, encompassing labor, materials, equipment, subcontractors, and other project-related costs.
• Monitor project expenditures against approved budgets, analyze cost variances, and report findings to senior management.
• Prepare and update cost forecasts, assess financial risks, and recommend appropriate cost control measures.
• Manage changes to project scope and budget, ensuring proper documentation, approval, and assessment of their financial impact.
• Apply Earned Value Management (EVM) techniques to evaluate project cost performance and identify deviations from financial targets.
• Coordinate with Planning and Scheduling teams to align project timelines, milestones, and resource requirements with budget constraints.
• Prepare periodic cost reports, financial forecasts, and management presentations to support project decision-making.

Professional Accountabilities

• Maintain updated soft and technical skills relevant to the job.
• Develop a clear vision and plan for career progression.
• Perform planned activities to meet operational and development targets according to delivery schedules.
• Utilize resources effectively to achieve objectives within efficient cost and time parameters.
• Provide periodic reports detailing deviations and execution of planned tasks.
• Solve arising problems and escalate complex operational issues as needed.
• Ensure quality requirements are met to develop effective quality control and processes, including specifications for products, processes, or related activities.
• Coordinate well-defined written systems, policies, and procedures, and seek automation opportunities.
• Comply with relevant policies, procedures, and work instructions.
• Ensure compliance with safety, quality, and environmental management procedures and controls within the defined area of work activity.

Experience and Work Type

Candidates should possess 5-10 years of relevant experience. This is a full-time position based in Riyadh.