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Cost Control Engineer

Job in Jeddah, Saudi Arabia
Listing for: Eram Talent
Full Time position
Listed on 2026-10-05
Job specializations:
  • Engineering
    Estimator, Quantity Surveyor
Salary/Wage Range or Industry Benchmark: 180000 - 360000 SAR Yearly SAR 180000.00 360000.00 YEAR
Job Description & How to Apply Below

We are seeking an experienced Lead Engineer (Cost Control Engineer) to oversee cost engineering, project controls, budgeting, forecasting, and cost reporting for large-scale capital projects, preferably within the oil & gas industry.

Key Responsibilities
  • Manage cost estimation, budgeting, forecasting, and cost control activities for capital projects.
  • Prepare, maintain, and review accurate monthly cost reports and project cost forecasts.
  • Monitor project costs against approved budgets, contracts, and cost control requirements.
  • Provide cost analysis and recommendations to support project management and decision-making.
  • Ensure engineering, procurement, construction, and project completion activities comply with contractual, cost, and company requirements.
  • Coordinate effectively with project managers, engineers, contractors, clients, and other stakeholders.
  • Support project controls and ensure proper implementation of cost management procedures.
Requirements
  • Bachelor’s degree in Finance, Management Information Systems, Engineering, or a related field.
  • Minimum 10 years of experience in engineering and project management execution.
  • Strong experience in Cost Engineering, Project Controls, or a related discipline.
  • Proven experience in cost estimating, budgeting, forecasting and control of large-scale projects, preferably in oil & gas.
  • Proficiency in cost management systems such as SAP or Oracle.
  • Strong knowledge of project management principles, cost engineering practices and relevant industry standards.
  • Excellent communication and interpersonal skills.
  • Full professional proficiency in English.
  • Strong project management and cross-functional coordination skills.

Preferred Certification: PMP (Project Management Professional) certification preferred.

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