Senior Cost Control Engineer | Luxury Hospitality
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Key Responsibilities
• Monitor and control project budgets, costs, commitments, forecasts, and cash flow throughout the project lifecycle.
• Analyze project cost performance, identify variances, trends, and potential cost overruns, and recommend corrective actions.
• Prepare weekly and monthly cost reports, financial forecasts, budget status reports, and management dashboards.
• Review purchase requests, purchase orders, invoices, subcontract agreements, and supplier commitments to ensure cost compliance.
• Track subcontractor and supplier costs against approved budgets and cost codes.
• Support budget planning, cost optimization, value engineering, and financial forecasting initiatives.
• Coordinate with Project Management, Commercial, Procurement, Finance, Planning, and Site teams to ensure accurate cost reporting.
• Monitor variations, change orders, and budget revisions, assessing their financial impact and maintaining proper documentation.
• Prepare cost-to-complete forecasts, estimate-at-completion reports, and project cash-flow projections.
• Identify financial risks and opportunities and provide early warnings to support informed decision-making.
• Ensure compliance with company procedures, quality standards, and HSE requirements.
Requirements:
✅ Bachelor's Degree in Civil Engineering, Architecture, Construction Management, or a related discipline ✅ Mandatory GCC experience ✅ 7+ years of experience in Cost Control, Project Controls, or Commercial functions within the construction industry ✅ Proven experience in Luxury Hotels, Resorts, Hospitality, High-End Fit-Out, Commercial Fit-Out, or Mixed-Use Developments ✅ Strong knowledge of project budgeting, cost forecasting, cash-flow management, commitments, accruals, and cost-to-complete analysis ✅ Experience preparing cost reports, financial dashboards, and variance analyses ✅ Advanced Microsoft Excel skills (Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, etc.) ✅ Experience with ERP and project cost control systems ✅ Knowledge of Primavera P6 and Power BI is an advantage ✅ Strong analytical, communication, and stakeholder management skills 📍
Location:
Saudi Arabia If you have a proven track record in Luxury Hospitality, Hotel, High-End Fit-Out, or VIP Projects within the GCC, click Apply to be considered for this opportunity
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