RIKAZ AL SHARQIYAH · Ras al Khair, SA
Posted:
Job Summary We are looking for a Cost Control Engineer with experience in offshore fabrication, shipyard operations, marine construction, and heavy industrial projects. The successful candidate will be responsible for monitoring project costs, supporting budgeting and forecasting activities, and ensuring cost efficiency across fabrication, construction, repair, and maintenance projects. Key Responsibilities Monitor and control project budgets, commitments, and actual costs. Prepare weekly, monthly, and ad-hoc cost reports for management review. Support project budgeting, forecasting, and cash flow planning. Track fabrication, construction, repair, and production costs against approved budgets. Analyze cost variances and recommend corrective actions. Coordinate with Planning, Procurement, Production, Commercial, and Finance teams. Support change management, variation orders, and cost impact assessments. Monitor productivity, resource utilization, and cost performance. Maintain cost control systems and ensure accurate project reporting. Assist in project close-out and final cost reconciliation. Mandatory Requirements Bachelor's Degree in Engineering or related discipline. 6-9 years of experience in Cost Control, Cost Engineering, or Project Controls. Strong experience in offshore jacket fabrication, module fabrication, topside fabrication, shipbuilding, ship repair, marine construction, or heavy industrial projects. Exposure to commercial repair projects, vessel maintenance, dry docking, conversion, or major marine construction activities. Experience supporting large fabrication yards, shipyards, offshore EPC, or oil & gas construction projects. Strong knowledge of budgeting, forecasting, cost analysis, earned value management, and project reporting. Advanced proficiency in MS Excel and project controls software. Preferred Background Offshore Jacket Fabrication Projects Offshore Structure Fabrication Shipbuilding & Ship Repair Projects VLCC, Tanker, LNG, FPSO, or Marine Construction Projects Heavy Fabrication Yards Oil & Gas EPC Projects Aramco Offshore Projects Bachelor's degree in Engineering (Civil, Mechanical, or related field) or Quantity Surveying, providing a strong technical and commercial foundation. Minimum of 7 years of progressive experience in cost control, with a significant portion focused on offshore jacket fabrication and installation projects. Proven expertise in cost estimation, budgeting, forecasting, and variance analysis within the oil and gas or offshore construction industry. Proficiency in cost management software (e.g., Primavera P6, SAP, EcoSys) and advanced Excel skills for detailed analysis and reporting.