Cost Control Engineer

Hemamco Company Limited
Dammam, Eastern, Saudi Arabia
Salary not specified
Posted
Full-time
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Job Description

Job Description: Cost Control Engineer We’re Hiring! We are seeking an experienced Cost Control Engineer to join our team for Saudi Aramco–approved and others Potential clients’ projects, ensuring high-quality construction, safety, and compliance with engineering standards. Role Purpose Responsible for monitoring and controlling project costs against approved budgets and providing timely forecasts and cost-performance information to project management. Key Responsibilities • Establish and maintain project cost-control structures. • Monitor budget, commitments, actual expenditures, and forecast costs. • Track purchase orders, subcontracts, manpower, equipment, and other project costs. • Prepare cost reports and forecasts. • Analyze budget variances and identify potential overruns. • Maintain cost-to-complete and Estimate at Completion (EAC). • Coordinate cost information with procurement, finance, planning, and project management. • Support change-order and variation cost assessments. • Support cash-flow and project financial forecasting. • Provide management with reliable cost-performance indicators. Qualifications & Experience • Bachelor’s Degree in Engineering, Quantity Surveying, Finance, or related discipline. • Minimum 5 years of project cost-control experience preferred. • EPC/construction background preferred. Technical Competencies • Cost budgeting and forecasting. • Commitments and actual-cost monitoring. • EAC/ETC. • Variance analysis. • Cash-flow forecasting. • Advanced Excel. • ERP/project-control systems experience is an advantage. GENERAL RECRUITMENT REQUIREMENTS Candidates should demonstrate: • Relevant academic/technical qualifications for the position. • Relevant industrial, construction, infrastructure, Oil & Gas, or EPC experience. • Good written and verbal communication skills. • Ability to work within multidisciplinary project teams. • Strong commitment to safety, quality, cost, and schedule. • Professional accountability and ability to work in a developing project organization. • Previous Saudi Arabia experience is preferred. • Familiarity with Saudi Aramco, SABIC, SEC, or other major Saudi industrial clients is an advantage where relevant to the position. • English communication capability appropriate to the position. HEMAMCO reserves the right to assess candidates against project-specific client requirements, professional certifications, technical competencies, and relevant experience before final selection.

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Real Estate / Construction / Architecture
Saudi Arabia
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