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Cost Senior Specialist

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Fircroft
Full Time position
Listed on 2026-06-24
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting
Salary/Wage Range or Industry Benchmark: 100000 - 130000 SAR Yearly SAR 100000.00 130000.00 YEAR
Job Description & How to Apply Below

We are seeking a Cost Senior Specialist to oversee the financial health of projects by monitoring resource allocation against approved budgets. You will perform technical cost analysis
, identify variances
, and provide actionable reporting to ensure projects remain profitable and within financial constraints, using Earned Value Management (EVM) and ERP-driven cost data.

Key Responsibilities
  • Budget Monitoring: Track project resources across labor, materials, and equipment to ensure alignment with the approved budget.
  • Technical Cost Analysis: Analyze cost components in relation to technical progress, supporting Value Engineering and Cost Impact evaluations.
  • Performance Reporting (Weekly/Monthly): Prepare periodic performance reports using Earned Value Management (EVM) methodology.
  • Variance Analysis: Identify budget deviations, investigate root causes, and recommend corrective actions and recovery plans.
  • ERP & Data Support: Collaborate with finance and project teams to ensure accurate cost tracking and reporting outputs from ERP systems.
Job Qualifications Education & Certifications
  • Bachelor's degree (required).
  • Professional certifications such as CCP (Certified Cost Professional) or PMP are highly preferred
    .
Experience
  • 5–7 years of experience in project cost control (preferably Construction, Contracting, or Manufacturing
    ).
  • Proven experience working with ERP systems
    , such as Dynamics, SAP, or Oracle
    .
Technical Skills
  • Advanced proficiency in Microsoft Excel (Pivot Tables, formulas, and data visualization).
  • Strong understanding of Earned Value Management (EVM) concepts and application.
  • Ability to interpret complex data and translate it into clear management reporting.
  • Introduction / basic experience with Microsoft Power BI (preferred).
Soft Skills
  • High level of accuracy and attention to detail.
  • Strong communication skills and ability to present insights clearly.
  • Ability to work under pressure and meet strict reporting deadlines
    .
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Position Requirements
10+ Years work experience
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