Senior Cost Control

Senior Cost Control – Join SNC-Lavalin Fayez Engineering in Saudi Arabia

SNC-Lavalin Fayez Engineering, a leading engineering and project management consultancy, is seeking a highly skilled and experienced Senior Cost Control Engineer to join our dynamic team based in Saudi Arabia. In this pivotal role, you will play a critical part in ensuring the financial success of our projects by overseeing cost management, budget adherence, and financial forecasting. If you are a detail-oriented professional with a strong background in cost engineering and a passion for delivering excellence, we invite you to apply and contribute to our mission of driving innovation and efficiency in the engineering sector.

Key Responsibilities

As a Senior Cost Control Engineer at SNC-Lavalin Fayez Engineering, your core responsibilities will include:

• Cost Management and Control: Develop, implement, and maintain robust cost control systems to monitor project expenditures, identify variances, and recommend corrective actions to ensure projects remain within budget.
• Budget Development and Monitoring: Collaborate with project managers and stakeholders to prepare accurate budgets, track financial performance, and provide timely reports on cost trends, risks, and opportunities.
• Financial Forecasting: Utilize advanced cost engineering tools and methodologies to forecast future project costs, assess financial viability, and support strategic decision-making processes.
• Change Management: Evaluate and document changes to project scope, assess their financial impact, and ensure proper approval and implementation of change orders in alignment with contractual obligations.
• Data Analysis and Reporting: Generate comprehensive cost reports, variance analyses, and financial dashboards to communicate key insights to senior management and project teams, enabling informed decision-making.
• Stakeholder Engagement: Work closely with cross-functional teams, including procurement, engineering, and project controls, to align cost control strategies with overall project objectives and ensure seamless collaboration.
• Compliance and Standards: Ensure adherence to industry best practices, company policies, and regulatory requirements in all cost control activities, maintaining the highest standards of integrity and professionalism.

Qualifications and Experience

To excel in this role, you must possess the following qualifications and experience:

• Educational Background: A bachelor’s degree in Engineering, Cost Engineering, Accounting, Finance, or a related field. Professional certifications such as CCP (Certified Cost Professional) or equivalent are highly desirable.
• Professional Experience: Minimum of 8-10 years of progressive experience in cost control, cost engineering, or a related discipline within the engineering, construction, or oil and gas sectors. Prior experience in a senior or leadership role is preferred.
• Technical Proficiency: Strong proficiency in cost control software (e.g., Primavera P6, SAP, or similar) and advanced skills in Microsoft Excel, including financial modeling and data analysis.
• Analytical and Problem-Solving Skills: Exceptional analytical abilities with a keen eye for detail, enabling you to identify cost trends, risks, and opportunities while proposing effective solutions.
• Communication and Collaboration: Excellent verbal and written communication skills, with the ability to present complex financial data in a clear and concise manner to diverse stakeholders.
• Leadership and Mentorship: Demonstrated leadership qualities with the ability to mentor junior team members, foster a collaborative work environment, and drive continuous improvement in cost control processes.

Why Join SNC-Lavalin Fayez Engineering?

At SNC-Lavalin Fayez Engineering, we are committed to fostering a culture of innovation, excellence, and sustainability. By joining our team, you will benefit from:

• Career Growth: Opportunities to work on high-profile projects across diverse industries, enhancing your skills and advancing your career in a global organization.
• Collaborative Environment: A supportive and inclusive workplace where teamwork, creativity, and professional development are prioritized.
• Competitive Compensation: A comprehensive benefits package, including competitive salaries, performance bonuses, and professional development allowances.
• Impactful Work: The chance to contribute to transformative projects that shape industries and communities, making a tangible difference in the world.

If you are a motivated and experienced Senior Cost Control Engineer looking to take the next step in your career, we encourage you to apply and become part of our success story. Join us at SNC-Lavalin Fayez Engineering and be at the forefront of delivering engineering excellence.