Overview
CBS is on the lookout for a detail-oriented and experienced Cost Control Engineer to join our dynamic team. In this role, you will be responsible for monitoring and managing project costs, ensuring that budgets are adhered to and financial targets are met. You will analyze project cost data, prepare estimates, and develop financial reports to provide insights into project performance and profitability. Your expertise will aid in cost forecasting, identifying variances, and implementing corrective actions as necessary. The ideal candidate will have a strong background in cost engineering, excellent analytical skills, and the ability to communicate financial information clearly to project stakeholders. If you are dedicated to driving efficiency and enhancing financial performance in construction projects, this is the perfect opportunity for you to make an impact at CBS.
Responsibilities
Develop and maintain project cost control systems and procedures
Prepare detailed cost estimates and budgets for projects, ensuring all costs are accurately accounted for
Monitor and track project expenditures, analyzing variances against budget forecasts
Provide regular updates to project managers and stakeholders regarding financial status and potential issues
Assist in the preparation of financial reports, summarizing project costs, forecasts, and variances
Collaborate with project teams to identify cost-saving opportunities and improve efficiency
Implement best practices in cost control and promote financial awareness across project teams
Qualifications
Bachelor's degree in Civil Engineering, Construction Management, or a related field
A minimum of 8 years of experience in cost control or cost engineering roles
Strong knowledge of construction costs, budgeting, and financial management
Proficiency in cost control software and Microsoft Excel
Excellent analytical, problem-solving, and reporting skills
Strong communication skills, with the ability to present financial information clearly
Certification in cost engineering (e.g., Certified Cost Professional - CCP) is a plus
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Cost Control Engineer • Riyadh, Saudi Arabia