Overview
Cost Senior Specialist Jobs in Riyadh, Saudi Arabia at Fircroft
About the Role
We are seeking a Cost Senior Specialist to oversee the financial health of projects by monitoring resource allocation against approved budgets. You will perform technical cost analysis, identify variances, and provide actionable reporting to ensure projects remain profitable and within financial constraints, using Earned Value Management (EVM) and ERP-driven cost data.
Key Responsibilities
- Budget Monitoring: Track project resources across labor, materials, and equipment to ensure alignment with the approved budget.
- Technical Cost Analysis: Analyze cost components in relation to technical progress, supporting Value Engineering and Cost Impact evaluations.
- Performance Reporting (Weekly/Monthly): Prepare periodic performance reports using Earned Value Management (EVM) methodology.
- Variance Analysis: Identify budget deviations, investigate root causes, and recommend corrective actions and recovery plans.
- ERP & Data Support: Collaborate with finance and project teams to ensure accurate cost tracking and reporting outputs from ERP systems.
Title: Cost Senior Specialist
Company: Fircroft
Location: Riyadh, Saudi Arabia