Cost Control Engineer
Posted 1 Oct 2026
Advertised as “Cost Control Engineer (Saudi Arabia)”
BranchFactor Summary
The original posting with the fluff stripped out
- Expected experience
- 10+ yrs
- Management level
- People management
Compensation
No salary listed for this role.
Role speciality
Cost EngineeringProject Controls
Useful technologies
OracleSAP
Preferred qualifications
Field of studyEngineering, Finance, Management Information Systems (or related)
Study levelBachelor's
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.