# Project Cost Controller — Jeraisy computers and communications services

Canonical: https://jobxdubai.com/jobs/li-4472713335-project-cost-controller
Location: Riyadh, Saudi Arabia
Type: full_time · Level: senior
Monthly salary: AED 13,720 to 21,560 per month (estimated, not employer-stated) (UAE salaries are tax-free)
Posted: 2026-09-28
Apply: https://www.linkedin.com/jobs/view/project-cost-controller-at-jeraisy-computers-and-communications-services-4472713335?_l=en

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## Description

Qualifications

Minimum:

• Bachelor’s degree in:

• Finance

• Accounting

• Business Administration

• Management Information Systems (MIS)

• Computer Engineering

• Information Technology (IT)

Required Experience

Minimum:

• 5+ years of experience in:

• Cost Control / Cost Management

• Technology / IT Projects

Preferred:

• At least 3 years of experience in large-scale IT projects.

• Experience working within PMO environments.

• Experience in IT project contract and claims management.

Preferred Professional Certifications

Project Management:

• PMP – Project Management Professional

Finance & Cost Management:

• CCP – Certified Cost Professional

• CMA – Certified Management Accountant

• CPA – Certified Public Accountant

Required Technical Skills

• Budget preparation and financial forecasting.

• Cost and variance analysis.

• Earned Value Management (EVM).

• Contract and claims management.

• Financial risk management.

Software & Tools

• Microsoft Excel – Advanced

• Oracle ERP

• Power BI

Key Responsibilities

1. Budget Management & Cost Control

• Prepare, review, and monitor budgets for IT projects.

• Track actual project expenditures against approved budgets.

• Ensure financial performance remains aligned with approved project plans.

• Analyze cost and budget variances and recommend corrective actions.

2. Cost Planning & Financial Forecasting

• Develop cost estimation models for IT projects.

• Prepare project cash flow forecasts and financial projections.

• Regularly update forecasts based on project progress, changes, and financial performance.

3. Contract & Vendor Cost Management

• Review financial terms and commercial aspects of IT project contracts and agreements.

• Verify invoices, payment requests, and completion certificates against contractual terms.

• Monitor Purchase Orders (POs), Change Requests, and contract variations.

• Review and validate financial claims submitted by vendors and consultants.

4. PMO & Project Management Support

• Support the preparation of financial business cases and feasibility studies for IT projects.

• Provide financial and cost management support to Project Managers throughout the project lifecycle.

• Review project spending plans and ensure alignment with approved budgets.

• Participate in project governance meetings and provide updates on project financial performance.

5. Earned Value Management (EVM)

• Monitor and analyze key project performance indicators, including:

• Planned Value (PV)

• Earned Value (EV)

• Actual Cost (AC)

• Cost Performance Index (CPI)

• Schedule Performance Index (SPI)

• Monitor project performance against approved cost and schedule baselines.

6. Financial Reporting & Analysis

• Prepare periodic project cost and financial reports for senior management.

• Develop financial dashboards and KPI reports using relevant reporting tools.

• Prepare and analyze:

• Budget vs. Actual Reports

• Cost Variance Analysis

• Financial Forecast Reports

• Financial Risk Reports

7. Financial Risk Management

• Identify and assess potential financial risks affecting IT projects.

• Evaluate the impact of financial risks on project budgets, costs, and schedules.

• Develop mitigation plans and recommend corrective actions.

• Monitor contingency reserves and ensure their appropriate utilization.

IT Project Scope

Responsible for monitoring and controlling costs across various technology projects, including:

• ERP Implementation Projects

• IT Infrastructure & Data Center Projects

• Cloud Computing Projects

• Network & Telecommunications Projects

• Artificial Intelligence & Data Analytics Projects

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## Requirements

Minimum: Bachelor's degree in Finance, Accounting, Business Administration, Management Information Systems (MIS), Computer Engineering, Information Technology (IT). Required Experience: 5+ years in Cost Control / Cost Management and Technology / IT Projects. Preferred: At least 3 years in large-scale IT projects; PMO environments experience; IT project contract and claims management experience. Preferred Professional Certifications: PMP (Project Management Professional); CCP (Certified Cost Professional); CMA (Certified Management Accountant); CPA (Certified Public Accountant). Required Technical Skills: Budget preparation and financial forecasting; Cost and variance analysis; Earned Value Management (EVM); Contract and claims management; Financial risk management. Software & Tools: Microsoft Excel – Advanced; Oracle ERP; Power BI.

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