Cost Engineer - Riyadh, Saudi Arabia

An engineering company are seeking a Cost Engineer to be based in Riyadh.

The Cost Controller Engineer is responsible for Cost Control Services including but not limited to those of cost estimating, budget control, cost forecasting, cost reporting and cost risk analysis.

Responsibilities:
- Understand the corporate and project(s) specific cost procedures and carry out all work in accordance with these.
- Work with all relevant project personnel to ensure that cost control procedures are in place.
- Reviewing cost commitment and expenditure information for all cost elements, for input to the computerized cost control and reporting system on a consistent basis and ensuring that all information received is accurate and correctly input.
- Assisting the projects managers in identifying and gaining approval of estimates/change requests.
- Producing regular cost reports and advising Management of any forecast cost overruns as soon as possible to allow corrective actions to be taken in a timely manner.
- Maintaining comprehensive accessible registers of financial approvals, variations and change orders.
- Liaising with the finance department with regards to establishing monthly evaluation of work done, goods received, and services rendered for invoice preparation and verification.
- Ensure that all cost related work is following procurement contract(s).