Lead Cost Control Engineer

Power International Holding
Algeria
Workplace: OnsiteFull timeFunction: Administration & Executive AssistanceExperience: 8+ yearsEducation: bachelorsSkills: ["Communication","Leadership","Resilience","Time and task management","Change management"]

Manage and optimize project expenditures across the construction lifecycle to ensure budgets, forecasts, and expenditure plans align with financial targets. Drive cost estimation, tracking, variance analysis, reporting, and presentation of key financial metrics. Review invoices, evaluate change orders and variations, and implement cost-control and value-engineering initiatives. Collaborate with project teams, contractors, vendors, and stakeholders while supporting HSE initiatives in line with company and IMS policies.

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FursaFursa
Power International Holding
Power International Holding
2 days ago

Lead Cost Control Engineer

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Source: Company careers pageValidated by: Fursa AI
Last checked: 2 hours agoStatus: Live

Job Summary

Manage and optimize project expenditures across the construction lifecycle to ensure budgets, forecasts, and expenditure plans align with financial targets. Drive cost estimation, tracking, variance analysis, reporting, and presentation of key financial metrics. Review invoices, evaluate change orders and variations, and implement cost-control and value-engineering initiatives. Collaborate with project teams, contractors, vendors, and stakeholders while supporting HSE initiatives in line with company and IMS policies.
Location: Algeria
Workplace: Onsite
Employment Type: Full time
Job Function: Administration & Executive Assistance
Seniority: Mid level

Key Responsibilities

  • •Develop and implement cost control procedures and systems to monitor expenditures and ensure budget adherence.
  • •Collaborate with stakeholders to set project budgets, cost forecasts, and expenditure plans.
  • •Conduct cost estimation and analysis for project components, materials, labor, and overhead.
  • •Track and analyze costs to identify variances and trends; prepare reports highlighting key metrics and performance indicators.
  • •Review invoices and assess change orders and variations to understand impacts on costs and timelines, negotiating as needed.

Key Requirements

  • •Develop and implement cost control procedures and systems to monitor project expenditures and ensure budget adherence.
  • •Establish project budgets, cost forecasts, and expenditure plans in collaboration with project managers and stakeholders.
  • •Perform detailed cost estimation and analysis for materials, labor, overhead, and project components.
  • •Track and analyze project costs to identify variances and trends, and recommend corrective actions to prevent cost overruns.
  • •Review contractor and vendor invoices, ensuring accuracy and compliance with contract terms and pricing agreements.
Experience:8+ yearsConstructionCost controlGCCFinancial analysis
Education:Bachelor's in Engineering or related field
Skills:CommunicationLeadershipResilienceTime and task managementChange management
Tech Stack:PrimaveraProcoreSAPSpreadsheetsDatabase softwareERP

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