Cost Control Engineer

Role Description Budgeting and cost structure:

• Leasing with project team in converting the awarded BOQ and tender costing into a project control budget at contract award.
• Set up cost codes by project, system, phase (design, procurement, installation, testing and commissioning) and cost type (material, labor, subcontract, software and licenses, overheads).
• Align the cost plan with the project schedule and the payment milestones. Cost monitoring and reporting:
• Track budget vs. committed vs. actual cost for every project and system.
• Prepare monthly cost reports with estimate-to-complete (ETC), estimate-at-completion (EAC) and margin forecast.
• Apply earned value management (CPI, SPI) using installed quantities: cable meters pulled, devices installed, points terminated and tested, systems commissioned.
• Flag cost overruns, margin erosion and unbudgeted items to management early, with recovery options.
• Maintain cost dashboards for management review. Procurement and logistics costs:
• Review purchase requests and orders against the budget before commitment.
• Compare supplier quotations and support price negotiations with vendors and manufacturers.
• Track landed cost of imported equipment: freight, customs duty, clearance, insurance and VAT.
• Monitor foreign currency exposure on USD- and EUR-priced equipment.
• Reconcile material delivered, issued, installed and returned, with focus on cable wastage and surplus stock. Labour and subcontractor costs:
• Monitor labour cost and productivity for cable pulling, containment, termination and device installation.
• Track engineering, programming, configuration and commissioning man-days against budget.
• Review subcontract terms for back-to-back alignment with the main contract.
• Measure and certify subcontractor progress, prepare payment certificates, and manage retentions, deductions and final accounts. Variations, claims and back-charges:
• Price variation orders using contract rates, market rates and build-up analysis.
• Maintain a variation register: submitted, approved, pending and disputed.
• Support extension-of-time and cost claims with records of site readiness, access delays and interface issues.
• Review and defend against back-charges from main contractors and clients. Cash flow and billing :
• Prepare project cash flow forecasts: client billing vs. supplier and subcontractor payments.
• Support progress invoicing, advance payment recovery and retention tracking.
• Follow up receivables with Finance and Project Managers. Close-out and lessons learned:
• Prepare project final cost reports and margin analysis at handover.
• Estimate warranty, defects liability and O&M or OPEX contract costs.
• Feed actual unit rates and productivity data back to the Estimation team to improve future bids.QualificationsBachelor's degree in Electrical, Electronics or Communications Engineering, or in Quantity Surveying.3 to 5 years in cost control or quantity surveying, with at least 3 years at an MEP, ICT or ELV contractor or systems integrator. Experience on hospitality, healthcare, telecom or giga-project developments in Saudi Arabia or the GCC is a strong advantage. Professional certification is an advantage: AACE (CCP or EVP), PMP, or RICS membership. Fluent in English; Arabic is an advantage. Required Technical SkillsCore cost control
• BOQ analysis, rate build-up and control budget preparation
• Cost coding, commitment tracking, ETC and EAC forecasting
• Earned value management (CPI, SPI, variance analysis)
• Cash flow forecasting and progress billing
• Variation pricing, claims support and back-charge defence
• Subcontractor measurement, payment certification and final accounts