Cost Control Manager

2 days ago

Riyadh, Ar Riyāḑ, Saudi Arabia Egis Group Full time
About Us

Egis is an international player active in architecture, consulting, construction engineering and mobility services. We create and operate intelligent infrastructures and buildings that respond to the climate emergency and contribute to more balanced, sustainable and resilient territorial development. Operating in 100 countries, Egis puts the expertise of its 19,500 employees at the service of its clients and develops cutting-edge innovations accessible to all projects. Through its wide range of activities, Egis is a key player in the collective organisation of society and the living environment of citizens all over the world.

With 3,500 employees across 8 countries in the Middle East, Egis has delivered over 700 complex development projects, stimulating economic growth and enhancing quality of life. Ranked among the top ten firms in the Middle East by Engineering News Record (ENR), Egis is committed to sustainable development. The Group's operations in the Middle East are built on strategic acquisitions and a deep understanding of local market conditions. Egis' long history of providing comprehensive engineering, consulting, and project management services makes it a trusted partner for regional governments, investors, and developers.

About the Role
  • Develop and manage the initial Cost Plan in consultation with all parties, including Consultants and SAR.
  • Track and report costs against approved budgets, including committed, incurred, actual/paid, and forecast final/out-turn costs.
  • Prepare job cost reports showing variances between budgets and costs, earned value, and movements from prior months.
  • Validate and verify all commercial/financial performance aspects of the project, including benchmarking Contractors' claims and forecasts.
  • Ensure timely and accurate final accounting, including all claims and outstanding payments.
  • Prepare and oversee the pricing schedule or Bills of Quantities for incorporation within RFPs or post-contract documents.
  • Provide cost consultancy services and be responsible for all aspects of contract administration and cost consultancy for the project.
  • Manage all contractual and cost issues related to the administration of Consultants, Contractors, and works packages.
  • Provide regular cost reports, including updated cash flow forecasts, reconciliation of payments, and forecast final accounts.
  • Carry out cost estimates and comparisons of alternative design or construction solutions.
  • Review and recommend variation payments and verify payment applications from Consultants and Contractors.
  • Prepare recommendation reports on claims, including cost and time impacts, and assist in negotiations and settlements.
  • Ensure that all parties hold correct and current insurances and bonds as required.
  • Maintain a project retention, insurance, and bond register status report.
  • Ensure no certification of payment applications where correct insurances and bonds have not been provided.
  • Prepare and submit monthly reports detailing project status, cost control measures, and financial performance.
  • Ensure accurate and timely documentation of all cost management activities, including change management procedures and final account settlements.
What do we need from you
  • Minimum of 15 years of experience in cost management within the rail and transportation industry.
  • Strong knowledge of cost control principles, budgeting, and financial analysis.
  • Excellent analytical, problem-solving, and communication skills.
  • Proficiency in cost management software and tools.
  • Attention to detail and accuracy in financial reporting.
  • Strong organizational and time management skills.
  • Ability to work collaboratively with multiple stakeholders.
  • Proactive approach to identifying and resolving cost-related issues.
  • Commitment to maintaining high standards of professional ethics and integrity.
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