Full-time Budget specialist Jobs in Saudi Arabia

Join Penspen as a Senior Cost / Budget Controller!
At Penspen, we are dedicated to optimizing energy infrastructure to ensure sustainable energy solutions globally. We are seeking a skilled Senior Cost / Budget Controller to manage our contracts team across various projects.

Role Overview:
The Senior Cost / Budget Controller will be accountable for providing support to the Project Management team executing contracts on behalf of Khafji Joint Operations (KJO). Your involvement will be crucial in overseeing early-stage deliverables (FEL1 and FEL2) focusing on procurement and contracting strategies for project development.

Key Responsibilities:

• Manage the contracts team deployed on various projects.
• Provide execution support to the Project Management team.
• Review procurement and contracting strategies from KJO's front-end development department.

Knowledge / Experience Requirements:
Alternative (I): 10 years
Alternative (II): 14 years
A minimum of 6 years experience in project cost engineering specific to major Oil and Gas/Petrochemical projects.

Educational Qualifications:
Alternative I: Bachelor’s Degree in Engineering/Quantity Surveying/Administration/Business or related field.
Alternative II: Diploma or equivalent with a certificate from a recognized agency in project cost expertise.

If you possess the required skills and want to be part of our team, please share your CV!

Position Overview:
We are seeking a highly skilled and experienced Senior Budgeting Specialist to join our team at Hill International. The ideal candidate will have a strong background in budgeting and financial management, with a proven track record of successfully managing budgets for large-scale projects.

General Description of Role and Responsibilities:

• Performing Project Management tasks as directed by the Manager, Engineering & Projects Division.
• Implementing budgeting and financial record-keeping procedures to ensure efficient coordination of departmental accounts, maintaining accurate information regarding financial status.
• Develop cost centers and coding for projects' permanent equipment.
• Analyze existing budgets and develop forecasts.
• Manage cash flow and provide financial advice.
• Prepare budget reports and ensure compliance with quality, environmental, safety, and occupational health policies.
• Perform other duties as assigned by the line manager.

Qualifications, Experience, Knowledge and Skills:

• Bachelor's/Master’s Degree in Accounting or Engineering from an accredited university.
• A minimum of 15 years of experience in related fields on national/international major initiatives.
• Extensive knowledge and experience in project budgeting and financial procedures in the Kingdom.
• Ability to present budgeting plans to senior management and negotiate with multiple stakeholders.
• Fluent communication in Arabic and English, with excellent verbal and written skills.

Join Hill International as a Senior Budgeting Specialist!
We are seeking a highly skilled professional to manage and control project budgets, cost centers, and financial records. You will play a crucial role in ensuring accurate forecasting, cost control, and compliance with established cost coding systems across major projects.

Key Responsibilities:

• Manage project budgets and analyze existing budgets.
• Develop budgets and forecasts.
• Perform cost-benefit analyses and manage cash flow.
• Provide strategic financial advice to senior management and government stakeholders.
• Prepare financial reports and ensure compliance with quality, environmental, safety, and occupational health policies.

Qualifications:

• Bachelor / Master Degree in Accounting or Engineering.
• Minimum of 15 years of experience in project budgeting.
• Strong knowledge of Kingdom financial procedures.
• Fluent in Arabic and English with excellent communication skills.

Join us and elevate your career with a reputable company in a dynamic and challenging environment!

Join Our Team as a Project Budgeting Specialist
We are seeking a highly analytical and detail-oriented Project Budgeting Specialist to join our Project Management team. This key role is essential to ensuring that all project budgets are accurately developed, monitored, and controlled throughout the project lifecycle.

Key Responsibilities

• Project Budget Development:
  • Build detailed baseline budgets for new projects.
  • Identify direct and indirect cost components.
  • Develop forecasting models and cost breakdown structures (CBS).
• Cost Monitoring & Control:
  • Track actual expenditures versus budget.
  • Prepare variance analysis and financial performance reports.
  • Recommend corrective actions to keep projects within budget.
• Financial Forecasting:
  • Update cost forecasts based on project progress.
  • Support risk analysis and cost contingency planning.
• Collaboration & Coordination:
  • Work closely with PMO, Finance, Procurement, and Operations.
  • Support funding approvals, change requests, and procurement decisions.
• Compliance & Quality:
  • Ensure budgets follow internal controls, audit requirements, and client or regulatory guidelines.

Who We’re Looking For
A numbers-driven professional with strong analytical and Excel modeling skills is essential. The successful candidate should be able to maintain accuracy while managing multiple projects simultaneously, be proactive in understanding project cost structures and financial sustainability, and thrive in deadline-driven environments handling urgent tasks when needed.

Qualifications

• Bilingual (Arabic and English mandatory).
• Minimum 3 years of experience in project budgeting, financial planning, or cost control.
• Bachelor’s degree in Finance, Accounting, Project Management, or a related field.
• Strong proficiency in Excel (cost models, forecasting, pivot tables).
• Experience working on projects within Saudi Arabia (government or private sector).
• Familiarity with project management methodologies is a plus.
• High accuracy, strong analytical ability, and excellent time management skills.

Position Summary:
The Senior Budgeting Specialist is responsible for managing and controlling project budgets, cost centers, and financial records, ensuring accurate forecasting, cost control, and compliance with established cost coding systems across major projects. This role supports project management teams by analyzing budgets, managing cash flow, performing cost-benefit analyses, preparing financial reports, and providing strategic financial advice to senior management and government stakeholders.

General Description of Role and Responsibilities:

• Performing Project Management tasks, duties, and responsibilities as directed by the Manager, Engineering & Projects Division.
• Implementing budgeting and financial record keeping procedures to ensure efficient coordination of various departmental and designated accounts.
• Follow the Cost coding system implemented in the program.
• Develop cost centers for each project.
• Analyze Existing Budgets.
• Develop Budgets and Forecasts.
• Perform Cost-Benefit Analyses.
• Manage Cash Flow.
• Provide Financial Advice and prepare Budget Reports.
• Ensure compliance with the relevant Quality, Environmental, Safety and Occupational Health Policies, Manuals and Procedures.
• Perform other duties as assigned by the line manager/supervisor.

Qualifications, Experience, Knowledge and Skills:

• Bachelor / Master Degree in Accounting 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 budgeting.
• Strong communication and negotiation skills in both Arabic and English.
• Excellent Verbal and written communication skills.