Project Control Specialist

Responsibilities

• Support project managers in execution and control.
• Develop and manage project budgets, cost estimates, cost forecasts, and financial controls.
• Identify, assess, and mitigate project risks.
• Establish criteria and set up systems for all project control activities.
• Develop, implement, and maintain project control processes and procedures.
• Define, monitor, and update material cost-rates and productivity rates based on:
• Square meter basis
• Quality level
• Building type
• Construction methodology
• Analyze cost trends and productivity metrics to ensure cost-effectiveness and efficiency.
• Benchmark project costs against industry standards and historical data to improve forecasting accuracy.
• Work closely with procurement and finance teams to establish cost baselines for materials, labor, and subcontractor services.
• Evaluate vendor proposals and material pricing to optimize project cost structures.
• Implement cost-saving strategies while maintaining project scope and quality.
• Analyze project performance data and provide accurate forecasts and reports to stakeholders.
• Collaborate with cross-functional teams to ensure alignment of project goals and objectives.
• Identify and mitigate potential risks that may impact project timelines or budgets.
• Lead and mentor a team of project control professionals.
• Continuously improve project control methodologies and tools.
• Ensure compliance with company policies, industry standards, and local regulations.
• Participate in client meetings and presentations to communicate project status and control measures.
• Standardize all project control procedures, Naming Convention, Activity Coding Structure, WBS, OPS, EPS, etc.

Qualifications

• Bachelor's degree in Engineering from an accredited university.
• Minimum of 5 years of experience in project controls, with a focus on cost control and financial analysis.
• PMP, PRINCE2 Practitioner, or equivalent certification.
• Proven track record of managing project controls for large-scale projects.
• Familiarity with project management tools (Power BI, JIRA, etc.).
• Thorough knowledge of cost engineering, cost estimating, cost benchmarking, financial planning, and scheduling techniques.
• Strong understanding of engineering, procurement, contracts, construction, and startup processes.
• Experience in defining and analyzing productivity and material cost-rates based on square meter, quality level, and building type.
• Excellent verbal and written communication skills.
• Proficiency in project management and control software (Primavera P6, Microsoft Project, etc.).
• Experience working internationally, with preference for experience in Saudi Arabia.
• Analytical mindset with strong problem-solving skills.
• Detail-oriented with the ability to manage multiple projects simultaneously.
• Knowledge of industry standards and best practices in project control.
• Ability to work collaboratively in a fast-paced, dynamic environment.
• Strong organizational and time management skills.