ENGINEER, COST CONTROL

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.

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.

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.

Alfanar is a Saudi company with an international presence, primarily engaged in the manufacturing and trading of a wide variety of low, medium, and high voltage electrical products, in addition to its portfolio of conventional and renewable energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.

The hub of alfanar’s manufacturing operations is Medinet alfanar Alsinaiya, a 700,000 square-meter complex located in Riyadh. The complex houses an array of ultra-modern manufacturing facilities and laboratories equipped with state-of-the-art technologies and staffed with highly skilled professionals.

alfanar derives its success from its commitment to providing the highest quality standards to its customers, and the continuous development of its human capital, who alfanar considers its most valuable asset. With this in mind, alfanar promotes a proactive work environment where its employees are always valued, nurtured, and empowered to fuel their pride in being part of alfanar.

For more information about alfanar, please visit alfanar.com