Cost Control Engineer | Electrical Substation Construction | Saudi Arabia

Riyadh, Saudi Arabia

Leverage your abilities and join the dynamic team of a great leader in the energy sector, with over 20 years of excellence in the turnkey construction and management of electromechanical and solar projects across the Kingdom of Saudi Arabia. 

With a prestigious portfolio of high-voltage substations, transmission lines (UG & OHL), underground cable systems, solar power installations, and power generation projects, they are a trusted name in construction and energy infrastructure.

As a Cost Control Engineer , you are a key player in the financial planning and performance monitoring of major infrastructure projects. You will bring strong analytical capabilities and hands-on experience in project planning, cost control, and performance reporting.

Key Accountabilities

  • Manage change order processes to accurately capture and control scope and cost modifications.
  • Develop, implement, and maintain budget control and cost control templates to ensure consistent and accurate monitoring.
  • Utilize Power BI to create dynamic dashboards and periodic cost control reports, enabling real-time project financial insights.
  • Prepare detailed cost reports and presentations for management, highlighting financial status, variances, and overall project performance.
  • Conduct regular cost control reviews, analyze variances, and proactively identify potential issues.
  • Implement and refine methods and best practices for effective cost control to optimize project financial health.
  • Monitor and control project costs against budgets, ensuring compliance and proactive management.
  • Document and report on cost performance, highlighting significant complications and recommending corrective actions.
  • Support project planning with financial insights and assist in forecasting, budget adjustments, and financial planning.

Knowledge, Skills, and Experience 

  • Bachelor’s Degree Electrical Engineering, Civil Engineering, Construction Management, or related fields) 
  •  10-15 years of experience in the same field.
  • Proven experience in change order process management, budget control, and cost management for electrical substation or similar construction projects.
  • Strong proficiency in Power BI for data visualization and reporting.
  • Experience developing and managing cost control templates, periodic reports, and dashboards.
  • Excellent analytical and problem-solving skills, with effective communication capabilities.
  • Ability to swiftly identify and address project complications.
  • Familiarity with project management software and financial systems.
  • Relevant certifications such as PMP or Certified Cost Engineer are a plus.
  • In-depth knowledge of industry best practices in electrical infrastructure project cost control.

Cost Control Engineer | Electrical Substation Construction | Saudi Arabia

Job description

Cost Control Engineer | Electrical Substation Construction | Saudi Arabia

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