Budgeting and Risk Expert

2 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Saudi Petroleum Services Polytechnic Full time
Role Summary:

We are seeking a highly skilled Budgeting and Risk Expert to join our team at Saudi Petroleum Services Polytechnic. As a key member of our project management team, you will be responsible for ensuring the successful delivery of projects within budget and on schedule.

Key Responsibilities:
  • Budgeting: Develop and implement budgeting procedures and best practices for projects. Review detailed cost estimates and support in developing cost baseline for projects using estimate to budget conversion. Monitor ongoing projects expenses and conduct regular cost forecasting to prompt potential deviations to the budget.
  • Risk Management: Conduct risk analysis and advise on cost implications of project change. Implement cost risk management frameworks and tools for project teams to use in daily operations. Ensure consistent risk reporting and a monthly risk meeting, including communicating major risks to senior leadership.

Qualifications & Skills:

  • Bachelor's degree in engineering or a related field.
  • 10-12 years of experience in Project's Cost Control, with at least three years in a management role.
  • Highly proficient with cost control tools such as Ecosys, CostX, Oracle etc. and ERP systems.
  • Deep exposure to Construction Cost Estimation is highly desirable.
  • Strong knowledge of project schedule methodologies, tools, and techniques, with certifications such as CCP being an advantage.
  • Strong leadership and management capabilities, with experience in interface roles.
  • Deep understanding of project management principles, including scheduling, cost control, risk management, and resource planning.
  • Expertise in portfolio management, including reporting and dashboard management.

About Our Team:

We are a dynamic and collaborative team dedicated to delivering high-quality results. We are passionate about developing our employees and providing them with opportunities for growth and development.



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