Cost Control Manager (KSA, SA)

Power International Holding
Saudi Arabia
Full timeFunction: Finance & AccountingExperience: 8+ yearsEducation: mastersSkills: ["Analytical skills","Risk mitigation","Communication","Leadership","Team building"]

Own cost control for projects by building and managing detailed budgets, producing accurate cost estimates, and continuously monitoring expenditures versus plan. Analyze variances, recommend corrective actions, and maintain robust cost control systems and procedures. Produce financial reports for senior management, identify cost-related risks, and manage contract cost compliance while partnering with project managers and finance stakeholders. SAP/ERP knowledge is required for success.

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FursaFursa
Power International Holding
Power International Holding
21 hours ago

Cost Control Manager (KSA, SA)

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Source: Company careers pageValidated by: Fursa AI
Last checked: 49 minutes agoStatus: Live
Reposted: similar role first listed 3 months ago

Job Summary

Own cost control for projects by building and managing detailed budgets, producing accurate cost estimates, and continuously monitoring expenditures versus plan. Analyze variances, recommend corrective actions, and maintain robust cost control systems and procedures. Produce financial reports for senior management, identify cost-related risks, and manage contract cost compliance while partnering with project managers and finance stakeholders. SAP/ERP knowledge is required for success.
Location: Saudi Arabia
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Manager level

Key Responsibilities

  • •Develop detailed project and departmental budgets aligned with organizational financial goals.
  • •Prepare accurate cost estimates including potential expenses and risks for forecasting financial needs.
  • •Monitor and track expenditures continuously, comparing actual costs against budget and analyzing variances.
  • •Generate detailed financial reports with key metrics, trends, and issues for senior management and stakeholders.
  • •Implement and maintain cost control systems and procedures; review and manage contracts for financial compliance, including handling cost-related issues.

Key Requirements

  • •Minimum 8 years working experience with 5 years in a relevant supervisory position.
  • •2 years GCC experience is a plus.
  • •Expertise in budgeting, cost estimation, and financial analysis for project financial planning.
  • •Strong analytical skills to interpret financial data, identify cost variances, and recommend corrective actions.
  • •ERP knowledge with SAP functional skills is a requirement.
Experience:8+ yearsGCCProject/commercial
Education:Master's in Finance, Accounting, Economics, Pubic Administration or business administration
Skills:Analytical skillsRisk mitigationCommunicationLeadershipTeam building
Tech Stack:SAPERP

Company Brief

Power International Holding
Diversified holding company investing across construction, real estate, food & beverage, agriculture, industrial services, and energy sectors, operating regional subsidiaries and managing large infrastructure and development projects in the Middle East.
Industry: Conglomerates & Holding Companies
Company Size: Enterprise (1,001+ employees)
Growth: Established Company
Headquarters: Doha, Qatar
Website