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Cost Controller

1 month ago

Riyadh, Saudi Arabia WSP Full time

**We are WSP - Join us and make your career future ready**
Think bigger scale. Think higher profile. Think ground-breaking. Join WSP, and you’ll be at the heart of a team of international experts all dedicated to growing and sharing their expertise, and working on projects that transform society for all of us.

**Your new role, what's involved?**
- **Cost Planning and Budgeting**:

- Develop comprehensive project cost plans and budgets in collaboration with project managers and stakeholders, considering all civil engineering aspects of the project.
- Conduct detailed cost estimates for civil engineering activities, including site preparation, earthworks, structural works, utilities, and infrastructure development.
- **Cost Monitoring and Analysis**:

- Monitor project costs throughout the project lifecycle, tracking expenditures, analyzing variances against budgets, and identifying potential cost risks or deviations.
- Implement effective cost control measures to mitigate risks and optimize project financial performance, ensuring adherence to budgetary constraints.
- **Forecasting and Reporting**:

- Prepare accurate and timely financial forecasts, cost reports, and expenditure analyses, providing regular updates to project teams and management.
- Highlight key cost drivers, trends, and potential impacts on project schedule and profitability, facilitating informed decision-making.
- **Change Management**:

- Evaluate and assess the financial impact of project changes, including scope changes, variations, and contract amendments, on civil engineering activities.
- Collaborate with project stakeholders to document, approve, and track change orders effectively, ensuring alignment with project objectives and budget constraints.
- **Risk Management**:

- Identify and assess financial risks and opportunities associated with civil engineering works, such as material price fluctuations, labor shortages, and unforeseen site conditions.
- Develop risk mitigation strategies and contingency plans to address potential cost impacts and ensure project delivery within established parameters.
- **Cost Control Systems**:

- Implement and maintain robust cost control systems, tools, and procedures to streamline cost management processes and enhance data accuracy and integrity.
- Ensure compliance with company policies, procedures, and industry standards related to project cost management and reporting.
- **Stakeholder Communication**:

- Establish and maintain effective communication channels with project stakeholders, including clients, contractors, and internal teams, to provide regular updates on project costs and financial performance.
- Build strong relationships based on trust, transparency, and accountability, fostering collaboration and alignment towards project objectives.

**We'd love to hear from you if you have**:

- Bachelor's degree in Civil Engineering or a related field.
- Minimum of 8 years of experience in cost control, project controls, or financial management within the civil engineering or construction industry, preferably on large-scale infrastructure projects.
- Solid understanding of civil engineering principles, practices, and construction methodologies, with a focus on cost estimation, budgeting, and financial analysis.
- Proficiency in project management software and tools for cost control, scheduling, and reporting (e.g., Primavera P6, Microsoft Project, Excel).
- Strong analytical skills and attention to detail, with the ability to interpret complex financial data, identify trends, and provide actionable insights.
- Excellent communication, interpersonal, and negotiation skills, with the ability to interact confidently with diverse stakeholders at all levels.
- Demonstrated ability to work effectively in a fast-paced environment, prioritize tasks, and meet tight deadlines while maintaining accuracy and quality.

**What's in it for you?**
As well as rewarding you with competitive pay, WSP offers standard benefits including first class medical cover, paid professional subscriptions.

WSP is one of the world's leading engineering professional services consulting firms. We are dedicated to our local communities and propelled by international brainpower. We are technical experts and strategic advisors including engineers, technicians, scientists, architects, planners, surveyors and environmental specialists, as well as other design, program and construction management professionals. We design lasting solutions in the Property & Buildings, Transportation & Infrastructure, Environment, Industry, Resources (including Mining and Oil & Gas) and Power & Energy sectors as well as project delivery and strategic.

Job Reference: WSPME03758