Senior Cost / Budget Controller
Penspen · Khafji
Job description
About the role
Provide overall cost management and budget control oversight for a major oil and gas/petrochemical project, ensuring the EPC contractor’s financial performance aligns with approved budgets and contractual commitments.
Key responsibilities
- Review cost estimates, budgets, commitments and forecasts submitted by the EPC contractor.
- Lead cost reviews, validate progress and cost reports, and deliver variance analysis with recommendations.
- Evaluate contractor cost‑control procedures for compliance with the Project Management System and client requirements.
- Support the Project Controls Manager in developing cost baselines, change‑control procedures and cash‑flow forecasting.
- Review and validate claims, invoices and variation orders for accuracy and contract compliance.
- Prepare monthly cost performance summaries and assist with final cost close‑out and lessons‑learned documentation.
Required profile
- Bachelor’s degree in Engineering, Quantity Surveying, Administration, Business or a related field (or equivalent diploma with recognized certification).
- Minimum six years of project cost engineering experience on major oil & gas or petrochemical projects.
- Ten to fourteen years of overall experience in cost management, with proven ability to evaluate and consult on project cost accounting.
- Based in Alkhafji, Saudi Arabia.
Required skills
- Cost management and budget control
- Cost estimating and forecasting
- Variance analysis
- Cash‑flow forecasting
- Review of claims, invoices and variation orders
- Familiarity with EPC contracts and Project Management Systems (PMS)
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Published 58 minutes ago
Expires 1 month from now
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Penspen
Khafji