Cost Controller | Oil and Gas | KSA

Cost Controller – Oil & Gas Sector | KSA

Join Hudson Manpower as a **Cost Controller** in the dynamic and high-stakes environment of the **Oil & Gas sector** in **Dammam, Saudi Arabia**. This pivotal role demands a meticulous, analytical, and strategic mindset to ensure financial accuracy, operational efficiency, and compliance within one of the world’s most critical industries. If you thrive in a fast-paced, data-driven setting and are passionate about driving cost optimization in a high-impact sector, this opportunity is for you.

The **Cost Controller** will play a crucial role in monitoring, analyzing, and controlling project expenditures across the oil and gas value chain. This position requires a deep understanding of financial processes, cost management principles, and industry-specific regulations to deliver actionable insights that enhance profitability and operational excellence.

Key Responsibilities:

• Financial Oversight: Develop and implement robust cost control frameworks to track, analyze, and report project expenditures in real-time, ensuring alignment with budgetary targets and strategic objectives.
• Budgeting & Forecasting: Collaborate with cross-functional teams to create detailed budgets, forecasts, and variance analyses, identifying cost-saving opportunities while maintaining financial integrity.
• Compliance & Reporting: Ensure adherence to **Saudi Arabian financial regulations**, corporate policies, and industry standards, producing accurate and timely financial reports for stakeholders.
• Risk Mitigation: Identify financial risks, cost overruns, and inefficiencies, proposing data-backed solutions to mitigate risks and enhance cost efficiency.
• Stakeholder Engagement: Work closely with project managers, engineers, and executives to provide clear financial insights, supporting decision-making processes in a high-pressure environment.
• Process Improvement: Drive continuous improvement in cost management practices by leveraging industry best practices and emerging financial technologies.

Why This Role Matters:

In the **Oil & Gas sector**, precision in cost control is not just a best practice—it’s a competitive necessity. As a **Cost Controller**, you will directly impact the financial health of high-value projects, ensuring that every investment delivers maximum ROI. Your expertise will be instrumental in navigating the complexities of **KSA’s energy landscape**, where efficiency and compliance are paramount.

This is an exceptional opportunity to grow within a **leading energy company** in **Dammam**, where innovation meets operational rigor. If you are a detail-oriented professional with a passion for financial analysis and a commitment to driving operational excellence, we invite you to take the next step in your career.

Qualifications & Requirements:

While Hudson Manpower will tailor the role to the right candidate, successful applicants typically possess:

• A **Bachelor’s degree** in **Finance, Accounting, Economics, or a related field** (or equivalent industry experience).
• Proven experience in **cost control, financial analysis, or project accounting**, preferably within **Oil & Gas, construction, or engineering sectors**.
• Strong proficiency in **financial software** (e.g., SAP, Oracle, or industry-specific tools) and **MS Excel (advanced level)**.
• Familiarity with **Saudi Arabian financial regulations**, **IFRS standards**, and **contractual cost management frameworks**.
• Excellent analytical, problem-solving, and communication skills, with the ability to translate complex financial data into actionable insights.
• Experience working in a **high-stakes, deadline-driven environment** is highly advantageous.

Hudson Manpower is committed to fostering a **diverse, inclusive, and high-performing workforce**. If you are ready to make a meaningful impact in one of the world’s most influential industries, we encourage you to apply and be part of a team that shapes the future of energy.