Cost Control Engineer

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.