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Cost Control Engineer

Hill International
Riyadh, Saudi Arabia

Cost Control Engineer

Riyadh, Saudi ArabiaPosted 1 month ago
103Applicants for1 open position
  • 6Viewed
  • 1In Consideration
  • 0Not Selected

Job Details

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Job Description

  • Develop and implement cost control strategies and procedures to ensure effective financial management
  • Monitor and analyze financial data to identify cost-saving opportunities and improve profitability
  • Prepare and present financial reports, budget forecasts, and variance analysis to senior management
  • Coordinate with project managers and department heads to track and control project costs
  • Review and approve purchase orders, invoices, and expense reports to ensure compliance with company policies and budget limits
  • Conduct regular audits of financial records and procedures to identify and resolve discrepancies
  • Train and mentor cost control staff to ensure their understanding of cost control processes and procedures
  • Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency
  • Stay updated on industry trends, regulations, and best practices in cost control and financial analysis
  • Provide guidance and support to the finance team on cost control matters
  • Informs themselves of the relevant Quality, Environmental, Safety and Occupational Health Policies, Manuals and Procedures in place within Hill International, and ensures continued compliance with these requirements while employed by Hill.
  • Perform other duties as assigned by the line manager/supervisor.

Job Requirements

  • Bachelor in engineering from an accredited university.
  • Minimum 10 years experience in cost control including having been a cost manager for large-scale projects.
  • Experience in performing, monitoring, and reviewing cost engineering functions, including cost estimating, cost control, financial reporting systems, and cost analysis, in the field and the home office.
  • Skilled in verbal and written communication.
  • Advanced level of knowledge of engineering, procurement, contracts, construction, and startup work processes.
  • Experience in producing projects cash flow forecast.

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