Lead Engineer, Budget

4 days ago

Riyadh, Ar Riyāḑ, Saudi Arabia AL-AYUNI Investment and Contracting Company Full time

Leading and managing project budgeting, cost control, and full financial performance across the project lifecycle. Ensure accurate budget preparation, effective cost monitoring, and alignment between revenue, progress, and actual cost.

  • Principal Accountabilities
  • Lead preparation and management of project budgets (initial & revised).
  • Monitor project cost performance across direct & indirect costs.
  • Manage forecasting (EAC/ETC) and cost reporting cycles.
  • Ensure accurate cost data within ERP systems.
  • Review variances, analyze root causes, and propose corrective actions.
  • Coordinate with cross-functional departments to ensure cost alignment.
  • Support project close-out and post-project financial analysis.

Required Academic Qualification

  • Qualification

Bachelor

  • Category

Bachelor's degree in engineering.

  • Other Requirements
  • Professional certification in project management
  • Expert in Oracle fusion ERP system
  • Years of Experience
  • Minimum 8-10 years of experience in budgeting and cost control with at least 2 years in a supervisory role.
  • Strong background in civil engineering.
  • Experience in infrastructure projects.

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