Cost engineer Jobs in Saudi Arabia

More than 5 Cost engineer Jobs in Saudi Arabia. Explore detailed job descriptions, salaries, and locations. Apply and get hired today!


Category
Contract Type
Nationality

img
Cost Engineer

Cost Engineer

📣 Job Ad

Hill International, Inc.

Full-time
About the Job
In this role, you will be responsible for managing and optimizing project and operational costs by implementing effective cost control strategies, monitoring budgets, and identifying cost-saving opportunities. You will work closely with project managers and internal teams to track expenses, prepare financial reports and forecasts, and ensure compliance with company policies and budget requirements.

Responsibilities
  • Develop and implement cost control strategies and procedures to ensure effective financial management.
  • Monitor and analyze financial data to identify cost-saving opportunities and improve profitability.
  • Prepare and present financial reports, budget forecasts, and variance analysis to senior management.
  • Coordinate with project managers and department heads to track and control project costs.
  • Review and approve purchase orders, invoices, and expense reports to ensure compliance with company policies and budget limits.
  • Conduct regular audits of financial records and procedures to identify and resolve discrepancies.
  • Train and mentor cost control staff to ensure their understanding of cost control processes and procedures.
  • Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency.
  • Stay updated on industry trends, regulations, and best practices in cost control and financial analysis.
  • Provide guidance and support to the finance team on cost control matters.
  • Perform other duties as assigned by the line manager/supervisor.

Qualifications
  • Bachelor / Master Degree in Accountant or Engineering from an accredited university.
  • Minimum 15 years’ experience in related field on national / international major initiatives and developments.
  • Extensive knowledge and experience in project cost management.
  • Ability to present budgeting plans and requirements to senior management and other government authorities.
  • Capable of fluently communicating in Arabic and English.
  • Excellent verbal and written communication skills.

breifcase2-5 years

locationDammam

21 days ago