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Site Office, Riyadh, Saudi Arabia
Overview
The Cost Control Engineer will be responsible for monitoring, evaluating, and controlling project costs throughout the lifecycle of the Projects. The role will support project management in maintaining budget compliance, cost forecasting accuracy, financial reporting, and effective commercial decision-making.
Your role
Cost Planning & Budget Management
- Develop, maintain, and monitor project budgets and cost control systems.
- Establish cost breakdown structures (CBS) aligned with project work packages and contract requirements.
- Track project expenditures against approved budgets and identify cost variances.
- Support the preparation of baseline budgets for bridge and infrastructure construction activities.
- Monitor commitments, actual expenditures, and forecasted costs throughout the project lifecycle.
Cost Forecasting & Reporting
- Prepare detailed cost forecasts and cash flow projections.
- Perform monthly cost reviews and analyze project cost performance.
- Identify potential cost overruns and recommend mitigation measures.
- Prepare periodic cost reports, dashboards, and executive summaries.
- Ensure accurate forecasting of final project costs and estimate-at-completion (EAC) values.
- Earned Value Management (EVM)
- Implement and maintain Earned Value Management (EVM) processes.
- Analyze project trends and provide recommendations for corrective actions.
- Support management decision-making through performance analysis.
Change Management & Cost Impact Assessment
- Support change control processes and maintain change registers.
- Coordinate with commercial and engineering teams to quantify cost impacts.
- Prepare cost assessments and recommendations for approval.
Procurement & Commitment Tracking
- Monitor procurement budgets and commitments.
- Review purchase orders, subcontract agreements, and material commitments.
- Track committed costs against approved budgets.
- Coordinate with procurement teams to evaluate cost implications of sourcing strategies.
- Assist in analyzing supplier and subcontractor commercial performance.
Contract & Commercial Support
- Support commercial and contract administration teams in cost-related matters.
- Review interim payment applications and evaluate cost trends.
- Assist in the assessment of contractor claims, variations, and commercial submissions.
- Verify financial impacts associated with contractual changes and project risks.
- Support preparation of financial justifications and commercial recommendations.
Risk Management
- Identify project cost risks and opportunities.
- Develop risk-adjusted cost forecasts.
- Support maintenance of project risk registers and contingency allocations.
- Evaluate financial exposure associated with schedule delays, scope growth, and market fluctuations.
- Recommend proactive strategies to control project costs.
Project Controls Integration
- Work closely with Planning Engineers and Project Controls teams to align cost and schedule information.
- Integrate cost performance with project schedules and construction progress.
- Support development of project performance metrics and KPI reporting.
- Facilitate integrated project controls reporting for senior management and client stakeholders.
Location
Site Office, Riyadh, Saudi Arabia
Job Type
Full time
Ref
R-160940
Salary range
-
About you
Qualifications
- Bachelor's Degree in Civil Engineering, Quantity Surveying, Construction Management, Cost Engineering, or a related discipline.
- Master's Degree in Project Management, Cost Engineering, or Construction Management is an advantage.
Experience Requirements
- Minimum 8–12 years of experience in cost control and project controls within major construction projects.
- Minimum 5 years of experience on bridge and transportation infrastructure projects.
- GCC or Saudi Arabia project experience is highly desirable.
- Experience working with consultants, PMCs, government authorities, or major contractors is preferred.
Key Skills
- Advanced cost control and forecasting capabilities.
- Strong analytical and financial reporting skills.
- Excellent understanding of infrastructure project cost drivers.
- Effective stakeholder and commercial coordination abilities.
- Strong problem-solving and decision-making skills.
- Excellent presentation and communication skills.
Behavioral Competencies
- Detail-oriented and highly analytical.
- Commercially aware with strong business acumen.
- Results-driven and proactive.
- Ability to manage multiple priorities under tight deadlines.
- Strong collaboration and teamwork skills.
- Commitment to accuracy, integrity, and continuous improvement.
Why choose AtkinsRéalis?
Wherever you are in your career – and whoever you are – AtkinsRéalis is for you. Here, support and collaboration are a vibrant part of a culture that lets you choose where – and how far – your career can go. Take on projects that push boundaries and drive sustainable impact, surrounded by colleagues who believe there's no limit to how brilliant you can be. It's time to join a like-minded team where you'll be rewarded, supported, and free to be your kind of brilliant.
Rewards & benefits
Explore the rewards and benefits that help you thrive – at every stage of your life and your career.
This includes:
- Tax-free salary.
- Life insurance coverage.
- Medical insurance.
- Annual leave balance.
- Company gratuity scheme.
- Discretionary bonus program.
- Annual flight contribution.
- Transportation & housing allowances.
- Employee Wellbeing Program: 24/7 access to specialists in finance, legal matters, family care, personal health, fitness, and nutrition.
Seize every opportunity to sharpen your skills, expand your expertise, and be recognized for the impact you make.
Make it brilliant, a career with AtkinsRéalis
Our supportive, collaborative culture inspires us as a global community every day.
Watch this short film and imagine what you could achieve here, too.
About AtkinsRéalis
We're AtkinsRéalis, a world-class engineering services and nuclear organization. We connect people, data and technology to transform the world's'infrastructure and energy systems. Together, with our industry partners and clients, and our global team of consultants, designers, engineers and project managers, we can change the world. We're committed to leading our clients across our various end markets to engineer a better future for our planet and its people.
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