COST CONTROL ENGINEER Job In Saudi Arabia

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Description

We are looking for a COST CONTROL ENGINEER for the leading industrial construction company in Saudi Arabia.

Preparation of Project Control Budget, organize monitor, control and provide cost analysis,
and reporting.
 Monthly / Daily Cost Report with accurate forecasting on EAC with P&L analysis.
 Preparation of Cost plan, Revenue plan monitoring and control
 Preparing of project cash flow, Invoicing and payments.
 Identification and monitoring of the direct and indirect & other cost as per budget.
 Flag rising/alarming in time to project manager on cost overrun, problems, deviations from
the plan and assist on the corrective actions /mitigations for recovery plan.
 Preparation of Monthly Work in Progress / VOWD.
 Interdepartmental coordination on project related activities.
 Handling Change Orders/ variance orders and other commercial related items to the Contract.
Maintain related Register and monitoring.
 Verification of vendor Bid Tabulation against the budget and suggestions accordingly to
concerned.
 Assistance to the Project Manager on contacts with the Client and with Sub Contractors.
 Involvement in dispute resolution if any against the vendors for the claims/ back charges etc.
 Assessment of economic Risks and Opportunities.
 Participation in the definition of economic changes in respect to the Contract.
 Negotiations with Clients.
 Verifying the invoices from Sub-Contractors, issuing payment certificates to vendors.
 Assisting Estimations Department on new Bids.
 Reconciliation of Project Costs at Project Completion, preparing project closeout reports.
 Maintaining Project records for Audits.
 Handling Bank Guarantee (amendments and coordination with Client).
 Handling Project Insurance (renewals and other requirements).
 Participates in Internal and External Meetings.
 Mentoring the juniors in the department and encouraging growth among the teams.
 Knowledge on contracts with contractual terms required on a project.


- Engineering bachelor’s degree (Mechanical Engineering) / Diploma in Mechanical Engineering.
- CCP (AACE) workshops, training, certifications, or from other relevant bodies.
- At least 5 to 7 years’ relevant cost control and cost engineering experience in the industry
field (shutdown and T/A is a must, in addition knowledge of Piping Works, Steel Structures,
Civil and E&I is expected).
- Experience with various types of contracts especially with ARAMCO, SABIC, other major
clients in Saudi Arabia.
- Knowledge of projects & contracts especially Lumpsum, T&M, WUR & Re-Measurable.
- Proficient in MS Office, ERP skills would be an advantage.
- Good Appearance, Excellent soft skills, along with presentation skills

Interested candidates send your updated CV

Basic Details

Location : Region: Jubail

Qualification :

Posted : 1 year ago

Job Type : Full-Time

Company : Saudi Jobs

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