Overview
Cost Control Manager Jobs in An Nuzhah, Riyadh, Saudi Arabia at شركة مرامر للمقاولات
The Cost Control Manager is responsible for establishing, implementing, and managing project cost control systems to ensure effective budget management, cost monitoring, forecasting, and financial reporting across all company projects. The role ensures projects are delivered within approved budgets while maintaining profitability and supporting management decision-making through accurate financial analysis and reporting.
Key Responsibilities
Cost Planning & Budgeting
- Develop project budgets, cost breakdown structures (CBS), and cost management plans.
- Prepare preliminary budgets and detailed cost estimates for new and ongoing projects.
- Establish cost control procedures, policies, and reporting standards across projects.
- Review and validate project cost plans, work packages, and cash flow forecasts.
Cost Monitoring & Reporting
- Monitor project expenditures against approved budgets.
- Analyze actual costs, commitments, variations, and forecasts.
- Prepare monthly cost reports, earned value analysis (EVA), and management dashboards.
- Track cost performance indicators and identify potential overruns.
- Issue early warning reports on budget deviations and financial risks.
Forecasting & Financial Analysis
- Prepare and update project cash flow forecasts.
- Forecast project final costs and Estimate at Completion (EAC).
- Conduct variance analysis and recommend corrective actions.
- Support management in financial planning and strategic decision-making.
Contract & Commercial Management
- Review subcontractor and supplier cost proposals.
- Evaluate variations, claims, and Extension of Time (EOT) submissions.
- Support procurement and tender departments with cost data and pricing analysis.
- Monitor subcontractor performance and cost compliance.
Project Controls & Risk Management
- Coordinate with Planning, Engineering, Procurement, and Site teams.
- Monitor project productivity and identify opportunities for cost optimization.
- Conduct risk assessments related to project costs and financial exposure.
- Implement value engineering initiatives to improve project profitability.
Leadership & Team Management
- Lead and mentor Cost Control Engineers and Project Controls personnel.
- Develop departmental procedures and best practices.
- Conduct training programs to enhance team capabilities.
- Ensure consistency and accuracy of project financial data.
Title: Cost Control Manager
Company: شركة مرامر للمقاولات
Location: An Nuzhah, Riyadh, Saudi Arabia
