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Cost Control Director
Job in
Riyadh, Riyadh Region, Saudi Arabia
Listed on 2026-09-29
Listing for:
Confidential
Full Time
position Listed on 2026-09-29
Job specializations:
-
Management
Financial Manager, Risk Manager/Analyst
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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