https://bayt.page.link/v1TUmrkCw1dqRip19
Full Time Employee · Min 10 Years of Experience
500 Employees or more · General Engineering Consultancy

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Job Description

Key Responsibilities:

1.   Cost Management & Reporting.


1.1. Develop and implement cost control procedures and best practices for projects.

1.2. Review detailed cost estimates and support in developing cost baseline for projects using estimate to budget conversion.

1.3. Monitor ongoing projects expenses and conduct regular cost forecasting to prompt potential deviations to the budget.

1.4. Analyze cost data and provide insights to project teams and management.

1.5. Collaborate with project managers to track and report on financial performance.

1.6. Prepare and present detailed cost reports to the PMO Director and senior management, highlighting any variances, potential overruns, and recommended actions.

1.7. Evaluate contracts and terms with vendors and suppliers.



2.   Risk Management


2.1. Conduct risk analysis and advise on cost implications of project change.

2.2. Implement cost risk management frameworks and tools for project teams to use in daily operations.

2.3. Ensure consistent risk reporting and a monthly risk meeting, including communicating major risks to senior leadership.

2.4. Promote a culture of proactive risk identification and response within the project cost Control teams.

Preferred Candidate

Years of Experience
Min: 10
Residence Location
Saudi Arabia
Saudi Arabian Trading and Construction Company (SATCO) logo
Saudi Arabian Trading and Construction Company (SATCO)

SATCO has a highly diversified portfolio of industrial Services and Construction and has been operational in the Middle East for more than 3 decades. It offers: General Construction and Contracting, Catering and Total Life Support Services, Operation and Maintenance Services, Landscaping and Irrigation Services, and IFM (Integrated Facility Management).

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