Cost Control Engineer
UCC Holding · Riyadh, Saudi Arabia
Apply & track with Apply EdgeJob SummaryWe are looking for a highly motivated and detail-oriented Cost Control Engineer to join our Project Controls team and support the delivery of luxury hotel, hospitality, and high-end fit-out projects.The Cost Control Engineer will be responsible for coordinating all aspects of cost capturing, monitoring, analysis, and forecasting for assigned projects. The role ensures accurate and timely cost information, effective budget control, and comprehensive financial support throughout the project lifecycle.Working closely with the Project Controls, Commercial, Procurement, Finance, Planning, and Site teams, the Cost Control Engineer will monitor project performance, identify cost variances, support budget management, and ensure that project costs remain aligned with approved budgets and commercial objectives.Key ResponsibilitiesMonitor and control project costs, budgets, forecasts, commitments, and cash flow throughout the project lifecycle.Track project financial performance and identify cost variances, trends, and potential cost overruns.Prepare accurate weekly and monthly cost reports, including budget status, actual costs, commitments, forecasts, and variance analysis.Maintain comprehensive cost-control records, cost codes, budget allocations, and project financial data.Review purchase requests, purchase orders, invoices, subcontractor commitments, and other project cost transactions.Monitor subcontractor and supplier costs and ensure accurate allocation against approved budgets and cost codes.Support the Project Management and Commercial teams in budget planning, cost optimization, and financial forecasting.Coordinate with site and construction teams to verify project progress, quantities, productivity, and actual work performed.Monitor variations, change orders, and revisions to approved project budgets, ensuring proper documentation and assessment of cost impacts.Assist in preparing project cash-flow forecasts and updating cost-to-complete and estimate-at-completion figures.Analyze project expenditure against physical progress and provide early warnings regarding potential cost overruns.Ensure accurate and timely capture of all project costs in accordance with established cost-control procedures.Coordinate with Procurement, Finance, Commercial, Planning, and Site teams to ensure consistency and accuracy of project cost information.Support the Project Controls Lead in maintaining the overall integrity of project budgets and forecasts.Ensure compliance with company procedures, project requirements, quality standards, and HSE policies.QualificationsBachelor's degree in Civil, Architectural, Construction Management3–7 years of relevant experience in cost control, project controls, or commercial functions within construction, fit-out, hospitality, or luxury hotel projects.Proven experience working on high-end hotel, resort, commercial, or interior fit-out projects.Strong understanding of construction and fit-out cost structures, including labor, materials, subcontractors, procurement, and site overheads.Solid knowledge of project budgeting, cost forecasting, cash-flow management, commitments, accruals, and cost-to-complete analysis.Experience in preparing and analyzing weekly and monthly cost reports and management dashboards.Good understanding of variations, change orders, budget revisions, and their financial impact on projects.Strong knowledge of Microsoft Excel, including Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, and other financial analysis functions.Experience with ERP and/or project cost-control systems.Knowledge of Primavera P6 and Power BI is an advantage.Strong analytical, numerical, and problem-solving skills with excellent attention to detail.Excellent communication and coordination skills with multidisciplinary project teams.Ability to work under pressure, meet reporting deadlines, and manage multiple priorities.Strong organizational and time-management skills.Good knowledge of quality, HSE, and project-control procedures.Fluent English is required; Arabic language skills are an advantage.Willingness to work on project sites and travel between project locations when required.Preferred ExperienceCandidates with experience in the following areas will be highly preferred:Luxury Hotels & ResortsHospitality ProjectsHigh-End Interior Fit-OutCommercial Fit-OutResidential & Mixed-Use DevelopmentsLarge-Scale Construction Projects