Senior Cost Control Engineer

7 months ago


Riyadh, Saudi Arabia Arbete Careers Full time

**Senior cost control engineer (ARAMCO/SWCC)**
- Develop and implement cost control procedures and systems for construction projects, ensuring adherence to budgetary constraints.
- Collaborate with project managers to create detailed cost estimates, forecasts, and budgets.
- Monitor project expenses, analyze variances, and provide regular financial reports to stakeholders.
- Review and validate contractor invoices, ensuring accuracy and compliance with contract terms.
- Conduct cost-benefit analysis for proposed changes to project scope or specifications.
- Collaborate with procurement teams to optimize material and equipment costs without compromising quality.
- Evaluate and negotiate with suppliers and subcontractors to secure cost-effective agreements.
- Implement and maintain a cost tracking and reporting system to monitor project financial performance.
- Identify potential cost-saving opportunities and provide recommendations to enhance project profitability.
- Participate in project risk assessments and develop contingency plans to address potential cost overruns.
- Work closely with project teams to ensure cost control measures align with project timelines and objectives.
- Provide support during project audits, addressing inquiries related to cost control processes and documentation.
- Stay informed about industry trends, cost benchmarks, and regulatory changes to inform decision-making.
- Collaborate with stakeholders to develop and implement strategies for cost reduction and process improvement.

License/Certification:

- PMP (preferred)


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