Budget and Cost Controller
6 months ago
Job Title: Budget and Cost Controller
Location: Riyadh
**Responsibilities**
1. Responsible to control, monitor and forecast total project cost (Actual Cost compared to Scheduled
Cost) including verifying and inspecting invoices.
2. Responsible to verify and inspect all invoices pertinent to claims matters, per the cost breakdown
submitted by the Main Contractor, suppliers, vendors and subcontractors
3. To ensure that all project expenditures are captured accurately and recorded to verify that
monetary claims by the main contractor are substantiated.
4. Provide planning and cost controlling support for all projects which includes variation reporting,
monitoring of milestone progress, and preparation of client billing process.
5. Perform and manage project activity scheduling and monitoring for cost assigning to the P6 rel 8.3
digital file and after any cost update and be able to determine the proper Lag and Resource’s
duration, included in the task duration, as per he activity Level of Detail determined for the work
programme.
6. Assist the Contracts Manager in technical and commercial review of expected tenders
(subcontractor’s quotations) to prepare Service agreements in case of MOI gives instruction for
doing the same.
7. Ensure effective project implementation with the use of the project management system and apply
the Proger Standard reports to establish the WBS to monitor the status of all purchases, invoicing
and delivery, in accordance with the Time Schedule Level of Detail, till the closure of the project.
8. Prepare the Cost Control portion of the monthly project report for monitoring activities on a weekly
basis and register all analyses and Contractor’s corrective actions.
9. Coordinate and work with the PMC team to resolve project issues and ensure the
delivery/completion of the project work.
10. Attend and participate in project meetings and discussions with the PMC team and external clients
if needed (End Users).
11. Undertake any other ad-hoc related duties as reasonably required.
12. Participates in the “what if” evaluations.
13. Analyses BOQ so as to understand Contractors cash flow and profitability by components and
stags and hence motivation.
14. Close monitoring of trends and contingencies related to contractual +/-% limits and advise
accordingly
study from an internationally recognized university. To be successful at this role, you should have not less
than 15 years of experience in project cost control, contract pricing, spends, variances, forecast, estimates
and change order management. In addition, you should be familiar with Primavera P6
Fluency in English and Arabic is mandatory.
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