Cost Controller

Bin Quraya

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Job Type

Job Type

Full-time

Work Mode

Work Mode

In-office

Industry

Industry

Oil & Gas

Job Role

Role

Contract Management

Experience

Experience

3 - 6 years

Education

Education

Not specified

Salary

Salary

Not disclosed

Location

Location

Al Khobar

Expiry Date

Apply Before

June 5, 2025

Skills

Financial Reporting

Job Description

Develop and maintain detailed project budgets, ensuring alignment with organizational financial goals.
Conduct variance analysis to identify discrepancies between budgeted and actual costs, providing actionable insights.
Collaborate with project managers to forecast future costs and assist in strategic planning.
Prepare comprehensive cost reports and presentations for senior management, highlighting key financial metrics.
Implement cost control measures and best practices to optimize resource allocation.
Evaluate supplier contracts and negotiate pricing to maximize cost efficiency.
Monitor and track project expenditures in real-time, ensuring compliance with financial policies.
Assist in the preparation of financial audits, providing documentation and explanations as needed.
Train and mentor junior finance staff in cost control processes and tools.
Utilize advanced financial software to streamline cost tracking and reporting efforts.

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Desired Candidate Profile

Any Nationality

Bachelor of Technology/Engineering(Mechanical), Bachelor of Commerce

Any

Bachelor's degree in mechanical Engineering or Bachelor Degree in Finance, Accounting, or a related field; an MBA is a plus.
Minimum of 3-5 years of experience in cost control or financial analysis, preferably in construction or manufacturing.
Experienced in a Oil & Gas industry with a strong understanding of project management principles.
Proficiency in financial software like SAP, Oracle, or similar ERP systems is essential.
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