Requisition ID:15515
Job Country: Saudi Arabia (SA)
Job City: Riyadh
Group Overview:
Headquartered in Riyadh, Saudi Arabia, we operate construction and manufacturing businesses, design & development centers and a host of facilities in the Middle East and other countries.
alfanar Building Systems
alfanar Construction is classified as a Grade I contractor by the Contractors Classification Committee of the Government of Saudi Arabia.
alfanar Building Systems manufactures and markets a variety of building construction products and systems. .
The core manufacturing activities of the industries operating under alfanar Building Systems are:
• Façade cladding, glazing systems and architectural aluminum products
• Precast concrete products and architectural elements
• Real estate development
Job Purpose
We are currently seeking a highly skilled and motivated Cost Control Engineer to join our dynamic team. The ideal candidate will play a crucial role in the planning and execution of projects, ensuring that all aspects are organized, coordinated, and completed in a timely manner. This position requires a strong understanding of project management principles, excellent communication skills, and the ability to collaborate effectively with cross-functional teams.
Key Accountability Areas
Cost Estimating, Budgeting, and Tracking:
- Develop and maintain project budgets considering all potential costs (labor, materials, equipment, subcontractors, etc.), ensuring accurate and timely reporting of project costs.
- Track and monitor project expenditures, comparing actual costs to budgeted costs, and report any variances to project management.
Cost Forecasting and Control:
- Prepare cost forecasts to predict future financial outcomes of projects and provide recommendations for cost control measures.
- Analyze cost trends, identify potential risks, and prepare regular cost reports for projects.
Change Management and Scope Control:
- Manage and control changes to project scope, budget, and schedule, ensuring that all changes are properly documented and approved.
Performance Evaluation and Alignment:
- Evaluate project performance using earned value management.
- Coordinate with project planners and schedulers to ensure that project timelines and milestones are aligned with budget constraints.
- Develop and maintain project budgets considering all potential costs (labor, materials, equipment, subcontractors, etc.), ensuring accurate and timely reporting of project costs.
- Track and monitor project expenditures, comparing actual costs to budgeted costs, and report any variances to project management.
- Prepare cost forecasts to predict future financial outcomes of projects and provide recommendations for cost control measures.
- Manage and control changes to project scope, budget, and schedule, ensuring that all changes are properly documented and approved.
- Evaluate project performance using earned value management
- Coordinate with project planners and schedulers to ensure that project timelines and milestones are aligned with budget constraints.
- Analyze cost trends, identify potential risks and prepare regular cost reports for projects.
Role Accountability
HR Proficiency:
- Ability to obtain updated soft and technical skills related to the job.
Delivery:
- Perform the planned activities to meet the operational and development targets as per delivery schedules.
- Utilize resources effectively to achieve objectives within efficient cost and time.
- Provide a periodic report formatted by detailing the deviation and execution of planned tasks.
Problem-Solving:
- Solve any related problems arise and escalate any complex operational issues.
Quality:
- Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.
Business Process Improvements:
- Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.
Compliance:
- Comply to related policy and procedures and work instructions.
Health, Safety, and Environment:
- Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.
- Required Experience: (5-8 years) with Construction’s field.
- Good experience with SAP System.
- Good experience with all Microsoft office & Power BI.
- Good Experience with Cost Control field.
- Proficiency in project management software.
- Strong analytical and communication skills.
Academic Qualification
Bachelor Degree in Civil Engineering or Any relevant field
Technical / Functional Competencies
Cost Estimating
Cost Control
Cost Variance Analysis
Risk Management
