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Lead Cost Control Engineer

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Onsite

Lead Cost Control Engineer

Elegancia Arabia

Lead Cost Control Engineer

Skills

SAP ERPContract ManagementCompliance

2 months ago

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Important information


Contract type:

Permanent

Salary:

SAR 168,000 – SAR 216,000 / year

Location:

Riyadh Saudi Arabia

Work mode:

Onsite

Published on:

11 August 2026

What they need


  • Lead the cost control function across assigned finishing and fit-out projects from pre-construction through completion.
  • Establish project budgets, cost baselines, cost codes, and cost control procedures.
  • Monitor project commitments, actual costs, accruals, forecasts, and remaining costs.
  • Prepare and maintain Cost Value Reconciliation (CVR) and monthly cost reports.
  • Track project expenditure against approved budgets and identify cost overruns and potential financial risks.
  • Analyze cost variances and provide recommendations for corrective actions.
  • Monitor subcontractor and supplier commitments, purchase orders, variations, and payment applications.
  • Review and evaluate variations, change orders, claims, and additional works from a cost perspective.
  • Coordinate closely with Project Managers, Quantity Surveyors, Commercial Teams, Procurement, Finance, and Planning departments.
  • Prepare Estimate at Completion (EAC) and Estimate to Complete (ETC) forecasts.
  • Monitor project cash flow and ensure alignment between planned and actual expenditure.
  • Review subcontractor costs and assess their impact on overall project profitability.
  • Support commercial teams in evaluating the financial impact of design changes, scope changes, and client instructions.
  • Identify potential cost-saving opportunities while maintaining project quality and contractual requirements.
  • Prepare management reports highlighting project financial performance, risks, trends, and forecasts.
  • Ensure accurate and timely submission of monthly project cost reports.
  • Establish appropriate cost control measures and ensure compliance with company policies and procedures.
  • Provide leadership and guidance to junior cost control engineers and project controls personnel.
  • Participate in project review meetings and provide cost-related insights to senior management.

Desired Candidate Profile

  • Bachelor's degree in Engineering, Construction Management, Finance, or a related field.
  • Minimum of 8-10 years of progressive experience in cost engineering and control, preferably within the [Specify Industry, e.g., Oil & Gas, Construction, Infrastructure] sector.
  • Proven track record of successfully managing costs on large-scale, complex projects.
  • Expert proficiency in cost management software (e.g., Primavera P6, EcoSys, SAP) and advanced Excel skills.
  • Strong understanding of project management principles, contract administration, and financial reporting.
  • Exceptional analytical, problem-solving, and critical thinking abilities.
  • Excellent communication, negotiation, and interpersonal skills, with the ability to influence stakeholders at all levels.
  • Fluency in English; knowledge of [Specify other languages if applicable, e.g., Spanish, French] is a plus.
  • Ability to work under pressure, manage multiple priorities, and meet tight deadlines in a dynamic environment.

Preferred Candidate Profile The ideal candidate will be someone who has progressed from Cost Control Engineer / Project Controls Engineer to a Lead-level position and has independently managed cost control for complex fit-out or finishing projects. Candidates with experience in hospitality, luxury hotels, high-rise buildings, commercial developments, retail, and large-scale interior fit-out projects in KSA/GCC will be strongly preferred. KSA-based candidates with immediate or short-term availability are highly preferred.

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