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https://bayt.page.link/huN9dnNam33hUNNx7
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Senior Cost Control Engineer

Yesterday 2026/09/11 ·Application closes in 57 days
Full time · Senior executive · 5 - 15 Years of Experience
100-499 Employees

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Job description

Collaboration & Coordination:

  • Define cost control execution strategy, develop & implement cost controls processes, practices and work instructions
  • Define project structure, develop & maintain the project work breakdown structure (WBS) and cost breakdown structure (CBS)
  • Drive process improvements - Lead initiatives to improve cost control processes, enhancing project efficiency and predictability
  • Risk Mitigation - Develop proactive strategies to identify and mitigate cost-related risks across all project phases
  • Stakeholder Relations - Build strong relationships with key stakeholders, providing strategic insights to support informed decision-making
  • Lead initiatives to improve cost control processes, enhancing project efficiency,
  • Lead cross-functional meetings to communicate cost status and potential risks to key stakeholders

Cost Control & Reporting:

  • Work with the estimate team to cascade the estimate into the control budget
  • Develop a control account system
  • Support PO generation and update process, Track actual cost, Review and coordinate invoices & approval and Develop & update cost reporting
  • Date Driven Decision making - Analyze project cost reports to support strategic planning and improve decision-making processes
  • Trend - Performance analysis - Conduct trend analysis on cost performance metrics to identify patterns and anticipate potential issues
  • KIP development - Establish, oversee, maintain and provide analysis on cost controls reporting, including earned value management EVM, dashboards and key performance indicators (KPI)
  • continuously monitor cost against the forecast, identifying variances and potential budget overruns

Checks & Balances:

  • Audit - compliance - Conduct regular audits of data & reports and invoices to maintain compliance with contracts and improve accountability
  • Lead cost review and change management meetings and secure approvals for major changes as needed and directed by management
  • Variance analysis - Track progress against baseline, analyze deviations


Skills

  • Effective Communication: Facilitate timely communication of cost reports, risk to the project stakeholders
  • Cross Functional Collaboration: Foster strong partnerships with project managers to ensure alignment
  • Stakeholder Coordination - Serve as the primary point of contact for budget and cost-related discussions
  • Reporting & Presentations: Develop and deliver detailed reports on cost performance for the entire project
This job post has been translated by AI and may contain minor differences or errors.

Preferred candidate

Years of experience
5 - 15 years
Residence location
Kuwait
Career level
Senior executive
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