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Cost Control Director

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Confidential
Full Time position
Listed on 2026-09-29
Job specializations:
  • Management
    Financial Manager, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 650000 - 900000 SAR Yearly SAR 650000.00 900000.00 YEAR
Job Description & How to Apply Below

Provide executive leadership of Cost Control across major projects and programmes
, ensuring disciplined cost governance, credible forecasting and early visibility of financial risk.

Own the integrity of project cost performance from budget and baseline through forecast, delivery and close-out
, protecting project financial and commercial objectives.

Key Accountabilities

  • Lead the Cost Control strategy, governance and organisation across multi-billion-dollar projects and programmes.
  • Own cost baselines, budgets, commitments, forecasting, EAC/ETC and cash flow
    .
  • Establish clear visibility of cost performance, trends, exposure and emerging overruns
    .
  • Drive rigorous control of procurement, subcontractor costs, variations, accruals and commitments
    .
  • Integrate cost management with planning, progress, risk, change and commercial functions
    .
  • Challenge cost and forecast assumptions, ensuring accurate, transparent and decision-ready reporting
    .
  • Lead cost assessments supporting change, claims, delay, disruption and commercial decisions
    .
  • Identify emerging financial risks and lead mitigation and recovery strategies with project leadership.
  • Provide concise, forward-looking cost intelligence to Executive Management, Client and PMC stakeholders
    .
  • Establish performance standards and accountability across project teams, subcontractors and delivery partners
    .
  • Build and lead a high-performing Cost Control function
    , developing capability, consistency and commercial discipline.

Profile

  • 18+ years’ experience in Cost Control / Cost Management
    , including senior leadership within a Tier-1 contractor, EPC or major programme environment.
  • Proven experience on large-scale GCC / Saudi construction, infrastructure or giga-projects
    .
  • Strong command of cost management, forecasting, EAC/ETC, cash flow, commitments, change and commercial controls
    .
  • Demonstrated ability to manage cost across complex, multi-billion-dollar projects and diverse delivery environments.
  • Strong commercial acumen with the ability to challenge, influence and drive accountability at executive level
    .
  • Engineering, Construction, Quantity Surveying, Finance, Project Management or related degree.
  • AACE, CCP, PMP, RICS or equivalent advantageous.
  • Exceptional executive communication, stakeholder management and leadership capability
    .

Success

Cost Predictability | Forecast Accuracy | Financial Discipline | Early Risk Visibility | Commercial Protection | Executive Accountability

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