UCC Holding

Senior Cost Control Engineer | Luxury Hospitality & VIP Projects

Riyadh, Saudi ArabiaPosted 2 days ago

Salary
AED 9k–17k a month· est.
Job type
Full time
Level
Senior
Field
Construction & Engineering
Work mode
On site

About the role

We are seeking a highly motivated and detail-oriented Senior Cost Control Engineer to join our Project Controls team and support the successful delivery of prestigious Luxury Hotels, Hospitality Developments, High-End Interior Fit-Out, and VIP Projects in Saudi Arabia. Key Responsibilities: • Monitor and control project budgets, costs, commitments, forecasts, and cash flow throughout the project lifecycle. • Analyze project cost performance, identify variances, trends, and potential cost overruns, and recommend corrective actions. • Prepare weekly and monthly cost reports, financial forecasts, budget status reports, and management dashboards. • Review purchase requests, purchase orders, invoices, subcontract agreements, and supplier commitments to ensure cost compliance. • Track subcontractor and supplier costs against approved budgets and cost codes. • Support budget planning, cost optimization, value engineering, and financial forecasting initiatives. • Coordinate with Project Management, Commercial, Procurement, Finance, Planning, and Site teams to ensure accurate cost reporting. • Monitor variations, change orders, and budget revisions, assessing their financial impact and maintaining proper documentation. • Prepare cost-to-complete forecasts, estimate-at-completion reports, and project cash-flow projections. • Identify financial risks and opportunities and provide early warnings to support informed decision-making. • Ensure compliance with company procedures, quality standards, and HSE requirements. Requirements: ✅ Bachelor's Degree in Civil Engineering, Architecture, Construction Management, or a related discipline ✅ Mandatory GCC experience ✅ 7+ years of experience in Cost Control, Project Controls, or Commercial functions within the construction industry ✅ Proven experience in Luxury Hotels, Resorts, Hospitality, High-End Fit-Out, Commercial Fit-Out, or Mixed-Use Developments ✅ Strong knowledge of project budgeting, cost forecasting, cash-flow management, commitments, accruals, and cost-to-complete analysis ✅ Experience preparing cost reports, financial dashboards, and variance analyses ✅ Advanced Microsoft Excel skills (Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, etc.) ✅ Experience with ERP and project cost control systems ✅ Knowledge of Primavera P6 and Power BI is an advantage ✅ Strong analytical, communication, and stakeholder management skills 📍 Location: Saudi Arabia If you have a proven track record in Luxury Hospitality, Hotel, High-End Fit-Out, or VIP Projects within the GCC, click Apply to be considered for this opportunity

Requirements

  • Bachelor's Degree in Civil Engineering, Architecture, Construction Management, or a related discipline
  • Mandatory GCC experience
  • 7+ years of experience in Cost Control, Project Controls, or Commercial functions within the construction industry
  • Proven experience in Luxury Hotels, Resorts, Hospitality, High-End Fit-Out, Commercial Fit-Out, or Mixed-Use Developments
  • Strong knowledge of project budgeting, cost forecasting, cash-flow management, commitments, accruals, and cost-to-complete analysis
  • Experience preparing cost reports, financial dashboards, and variance analyses
  • Advanced Microsoft Excel skills (Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, etc.)
  • Experience with ERP and project cost control systems
  • Knowledge of Primavera P6 and Power BI is an advantage
  • Strong analytical, communication, and stakeholder management skills

Responsibilities

  • Monitor and control project budgets, costs, commitments, forecasts, and cash flow throughout the project lifecycle.
  • Analyze project cost performance, identify variances, trends, and potential cost overruns, and recommend corrective actions.
  • Prepare weekly and monthly cost reports, financial forecasts, budget status reports, and management dashboards.
  • Review purchase requests, purchase orders, invoices, subcontract agreements, and supplier commitments to ensure cost compliance.
  • Track subcontractor and supplier costs against approved budgets and cost codes.
  • Support budget planning, cost optimization, value engineering, and financial forecasting initiatives.
  • Coordinate with Project Management, Commercial, Procurement, Finance, Planning, and Site teams to ensure accurate cost reporting.
  • Monitor variations, change orders, and budget revisions, assessing their financial impact and maintaining proper documentation.
  • Prepare cost-to-complete forecasts, estimate-at-completion reports, and project cash-flow projections.
  • Identify financial risks and opportunities and provide early warnings to support informed decision-making.
  • Ensure compliance with company procedures, quality standards, and HSE requirements.

Skills

  • Advanced Microsoft Excel (Pivot Tables, XLOOKUP, VLOOKUP, SUMIFS)
  • ERP systems
  • Project cost control
  • Cost forecasting
  • Budgeting and cash-flow management
  • Cost-to-complete analysis
  • Variance analysis
  • PRIMAVERA P6
  • Power BI
  • Management dashboards
  • Change order and budget revision monitoring
  • Financial reporting
  • Stakeholder management
  • Value engineering

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