Cost Control

Alkhobar, Saudi Arabia

Job Title: Cost Control Manager

Location: Gulf Cooperation Council (GCC) Region

Company: Gulf Cooperation Symbols Contracting Company

About Us: Gulf Cooperation Symbols Contracting Company is a distinguished construction firm with a strong reputation for excellence in delivering projects across the Gulf Cooperation Council (GCC) region. With a steadfast commitment to quality and a history of successful ventures, we are seeking an experienced Cost Control Manager to join our team. If you are a proactive, results-driven professional with a minimum of 10 years of experience in cost control, we invite you to explore this exciting opportunity.

Scope of Work: As a Cost Control Manager at Gulf Cooperation Symbols Contracting Company, you will be responsible for managing and optimizing project costs to ensure projects are completed on time and within budget. Your key responsibilities will include:

  1. Cost Estimation: Develop accurate cost estimates for construction projects, including materials, labor, equipment, and other related expenses.
  2. Budget Development: Collaborate with project managers to create detailed project budgets, considering all cost components and project requirements.
  3. Cost Monitoring: Continuously monitor project costs and expenditures, analyzing cost variances and taking corrective actions when necessary.
  4. Forecasting: Create financial forecasts to predict future project costs, allowing for proactive budget adjustments.
  5. Contract Management: Review and assess construction contracts, ensuring adherence to cost-related terms and conditions.
  6. Change Order Management: Evaluate change orders and their impact on project costs, facilitating timely approvals or negotiations.
  7. Vendor and Supplier Negotiations: Negotiate with vendors and suppliers to secure competitive pricing and terms for construction materials and services.
  8. Cost Reporting: Generate regular cost reports for senior management, summarizing project financial performance and identifying cost-saving opportunities.
  9. Risk Management: Identify potential financial risks and develop mitigation strategies to keep projects on budget.
  10. Project Closeout: Collaborate with project teams to ensure proper financial closure, including final cost assessments and reconciliation.

Requirements:

  • A minimum of 10 years of experience in construction cost control or related roles.
  • A Bachelor's degree in finance, construction management, or a relevant field (Master's degree is a plus).
  • Proficiency in cost control software and financial analysis tools.
  • Strong analytical, negotiation, and communication skills.
  • Ability to work effectively in a fast-paced, dynamic environment.
  • In-depth knowledge of construction processes and materials.
  • Understanding of construction contracts and industry best practices.

What We Offer:

  • Competitive salary and performance-based bonuses.
  • A comprehensive benefits package, including health insurance.
  • Professional development opportunities.
  • A collaborative and supportive work environment.
  • The opportunity to contribute to a diverse range of construction projects across the GCC region.

If you are an experienced Cost Control Manager with a track record of successfully managing and optimizing project costs, we encourage you to join our team at Gulf Cooperation Symbols Contracting Company. Apply now and become part of our commitment to excellence in the construction industry.

Gulf Cooperation Symbols Contracting Company is an equal opportunity employer. We celebrate diversity and are dedicated to creating an inclusive environment for all employees.