Cost Controller
At a glance
Mid-level Accounting role at ABIS. Al Khobar · full-time.
Pay not stated Accounting salary
financeroles summary, based on the employer's posting.
What you'll do
- Track committed, spent and projected project costs, checking them against approved budgets
- Build periodic cost reports and explain budget variances for management review
- Help forecast project cash flow and verify cost records with procurement and site teams
- Assess the cost effects of project changes and support earned value calculations and reporting
- Flag emerging cost risks, then assist with close-out reconciliation and final account preparation
What you bring
- At least five years handling cost control on EPC or construction projects
- A bachelor's degree in engineering, finance, accounting or a related discipline
- Practical ability with cost budgeting, earned value, WBS coding, project reporting systems and advanced Excel
Who this fits
This mid-level, on-site role in Al Khobar suits someone with project cost control experience who can work across procurement and site teams. It also involves reporting to the Project Control Manager and supporting client and management reviews.
From the employer
Job Summary: The Cost Controller is responsible for tracking, analyzing, and reporting project costs against approved budgets, supporting accurate forecasting and cost control across the project.
Duties & Responsibilities:
Maintain project cost control systems and cost breakdown structures. Track committed, actual, and forecast costs against the approved budget. Prepare periodic cost reports and variance analysis for management. Support preparation of project cash flow forecasts. Coordinate with procurement and site teams to verify cost data accuracy. Track change orders/variations and their cost impact. Support earned value management (EVM) calculations and reporting. Maintain cost coding and allocation in line with the project WBS. Assist in preparation of monthly cost reports for client/management review. Identify cost risks and trends and escalate to the Project Control Manager. Support close-out cost reconciliation and final account preparation.
Requirements
Experience: +5 years of experience in project cost control on EPC or construction projects.
Education:
Bachelor's degree in Engineering, Finance, Accounting, or a related field.
Required Skills & Abilities:
1- Core Competencies:
Analytical Thinking Attention to Detail Accountability Communication Skills Time Management
2- Technical Skills:
Cost Control & Budgeting Earned Value Management (EVM) Cost Coding / WBS Structures Project Reporting Systems MS Excel (Advanced Modeling)