Cost Control Engineer

About the role

The Cost Control Engineer will monitor, analyse and control project costs throughout the lifecycle of construction projects at alfanar Building Systems. The role ensures that projects are delivered within approved budgets by providing accurate cost forecasts, financial reporting and variance analysis, while supporting project managers in decision‑making.

Key responsibilities

• Prepare and maintain project cost control sheets, cost codes and budget tracking registers.
• Monitor commitments, actual costs, accruals and forecasted costs against approved budgets.
• Identify cost variances, analyse root causes and recommend corrective actions.
• Produce periodic cost reports, cash‑flow updates, cost‑to‑complete forecasts and estimate‑at‑completion dashboards.
• Support monthly project performance reviews by presenting budget status, risks and savings opportunities.
• Coordinate with planning teams to align cost forecasts with project schedules.
• Track subcontractor and supplier commitments, invoices, payment certificates and change impacts.
• Work with procurement, contracts, QS and finance teams to verify cost allocation and payment status.
• Assist in evaluating variation orders, claims and cost impacts before approval.

Required profile

• Minimum 48 months (4 years) of experience in project cost control or cost management.
• Proven ability to work with cross‑functional teams including procurement, contracts, QS and finance.
• Strong analytical and problem‑solving skills with a focus on delivering accurate financial data.
• Understanding of construction project lifecycles and budgeting processes.

Required skills

• Cost Control

What we offer

• Opportunity to work on large‑scale construction projects within a leading Saudi Arabian engineering group.
• Professional development and career growth in cost management.