Cost Control Manager

Position Summary

Mobco Construction is seeking an experienced Cost Control Manager to lead project cost planning, monitoring, forecasting, and financial control functions across large-scale construction projects. The role is critical in ensuring effective cost management, budget adherence, and financial performance optimization throughout the project lifecycle.

The ideal candidate will have a strong background in civil engineering and construction cost control, with a minimum of 12 years of experience working on mega projects. The candidate must possess advanced analytical capabilities, strong knowledge of project controls systems, and hands-on experience in cost reporting, forecasting, and financial risk management within contracting environments.

Key Responsibilities

Cost Planning & Budgeting

• Develop and manage project budgets in coordination with project management and planning teams.
• Establish cost baselines aligned with project scope, schedule, and contractual requirements.
• Prepare detailed cost breakdown structures (CBS) for all project phases.
• Support tendering and pre-contract activities with cost estimation and benchmarking.

Cost Monitoring & Control

• Monitor project expenditures against approved budgets and identify variances.
• Track committed, actual, and forecasted costs across all project activities.
• Implement cost control procedures and ensure compliance with company standards.
• Analyze cost performance and provide early warnings on potential overruns.

Forecasting & Reporting

• Prepare monthly cost reports, cash flow forecasts, and cost performance dashboards.
• Develop Estimate at Completion (EAC) and Estimate to Complete (ETC) projections.
• Provide variance analysis explaining deviations from budget and forecast.
• Present cost reports and financial insights to senior management and project stakeholders.

Contract & Change Management

• Evaluate and control variation orders and change requests from a cost perspective.
• Support claims preparation, negotiations, and financial justification for project changes.
• Coordinate with contracts and planning teams to assess financial impact of delays or scope changes.
• Ensure proper documentation of all cost-related contractual matters.

Project Controls Integration

• Collaborate with planning, procurement, and project control teams to ensure alignment of cost and schedule data.
• Integrate cost control systems with project scheduling tools (e.g., Primavera P6).
• Support earned value management (EVM) implementation and analysis.

Risk Management

• Identify financial risks and develop mitigation strategies.
• Monitor cost risks associated with procurement, execution delays, and scope changes.
• Support contingency planning and financial risk assessments.

Stakeholder Coordination

• Liaise with project managers, engineers, procurement teams, and finance departments.
• Coordinate with clients and consultants on cost-related matters and reporting requirements.
• Participate in project review meetings and provide cost performance updates.

Qualifications

• Bachelor's Degree in Civil Engineering, Quantity Surveying, or related field.
• Minimum 12 years of experience in cost control within construction and contracting environments.
• Proven experience working on mega construction projects.
• Strong understanding of project controls, budgeting, and financial forecasting.
• Experience in hospitality, infrastructure, or large-scale mixed-use developments is preferred.
• Must have strong exposure to construction projects in Saudi Arabia or GCC region.

Technical Skills

• Advanced proficiency in cost control systems and reporting tools.
• Strong command of Microsoft Excel and financial modeling.
• Experience with Primavera P6 and project controls integration.
• Knowledge of Earned Value Management (EVM) principles.
• Familiarity with ERP systems and cost management software.