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indeed

Cost Control Engineer

Brightway photocopier equipment
Dammam, KSA
Full-time
Onsite
Discovered 3 days ago
Project cost controlBudgetingCost forecastingFinancial reportingCost variance analysisProject expenditure monitoring

Full Job Posting

Job overview

The Cost Control Engineer role is based in Dammam, Saudi Arabia, in the construction and civil engineering industry.

Employment type is full-time.

The role monitors project costs, budgets, and financial performance across construction projects.

Responsibilities

  • Establish and monitor project budgets and cost control systems.
  • Track actual costs against approved budgets and project forecasts.
  • Prepare cost reports, cash flow forecasts, and budget-versus-actual analysis.
  • Monitor committed costs, procurement expenses, and subcontractor payments.
  • Identify cost deviations, potential overruns, and financial risks; analyze expenditure and recommend corrective actions.
  • Coordinate with project managers, quantity surveyors, procurement, and finance teams.
  • Maintain accurate cost records and provide regular financial performance updates.

Requirements

  • Bachelor’s degree in Civil Engineering, Quantity Surveying, Finance, or a related discipline.
  • Relevant experience in project cost control within the construction industry.
  • Strong understanding of budgeting, cost forecasting, and financial reporting.
  • Experience in cost variance analysis and project expenditure monitoring.
  • Advanced Microsoft Excel skills.
  • Familiarity with ERP systems and project management software.
  • Strong analytical, organizational, and problem-solving skills.
  • Saudi Arabia or GCC construction project experience is an advantage.

Work location

  • Work location is in person.

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