Senior Cost Control Engineer Job Dammam area,Eastern Province Saudi Arabia,Finance & Banking

General Description of Role and Responsibilities:

Develop and implement cost control strategies and procedures to ensure effective financial management
Monitor and analyze financial data to identify cost-saving opportunities and improve profitability
Prepare and present financial reports, budget forecasts, and variance analysis to senior management
Coordinate with project managers and department heads to track and control project costs
Review and approve purchase orders, invoices, and expense reports to ensure compliance with company policies and budget limits
Conduct regular audits of financial records and procedures to identify and resolve discrepancies
Train and mentor cost control staff to ensure their understanding of cost control processes and procedures
Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency
Stay updated on industry trends, regulations, and best practices in cost control and financial analysis
Provide guidance and support to the finance team on cost control matters
Informs themselves of the relevant Quality, Environmental, Safety and Occupational Health Policies, Manuals and Procedures in place within Hill International, and ensures continued compliance with these requirements while employed by Hill.
Perform other duties as assigned by the line manager/supervisor.

Qualifications, Experience, Knowledge and

Skills:

Bachelor / Master Degree in Accountant or Engineering from an accredited university.
Minimum 15 years experience in related field on national / international major initiatives and developments.
Extensive knowledge and experience in project cost.
Extensive experience in managing and prioritizing projects costs.
Ability to present budgeting plans and requirements to senior management and other government authorities.
Ability to negotiate with multiple stakeholders to secure cost for projects
Capable to fluently communicate in Arabic and English
Excellent Verbal and written communication skills.


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