oversees the financial and contractual health of projects, managing budgets, forecasting, and cost tracking from inception to completion. They are responsible for implementing, monitoring, and reporting on company-wide cost plans, identifying risks, and ensuring profitability for construction or engineering projects.
Key Responsibilities
- Budgeting & Forecasting: Developing detailed budgets based on project scope, and performing accurate, timely forecasting to identify potential deviations early.
- Cost Monitoring: Tracking actual expenditures against budgeted amounts and implementing corrective actions to prevent cost overruns.
- Contract Management: Reviewing contracts, managing change orders, and ensuring compliance with financial constraints.
- Reporting: Preparing comprehensive cost reports, dashboards, and executive summaries for stakeholders.
- Strategic Optimization: Conducting value engineering and identifying opportunities for cost reduction.
Typical Qualifications & Skills
- Experience: 15+ years in cost management, estimation, and financial control for large-scale projects.
- Education: Bachelor's degree in Civil Engineering, Quantity Surveying, Construction Management, or Finance.
- Technical Skills: Proficiency in Primavera P6, SAP, and Advanced Excel.
- Location: High demand in Saudi Arabia (Riyadh) for giga-projects.
- Skills: Strong analytical, communication, and leadership skills to mentor junior team members.
