TDC: Technical Development Company
Website:
tech-develop.com
Job details:
Position: Cost Control Engineer
Location: Riyadh, KSA
Department: Project Controls / Cost Management
Job Purpose:
To lead and oversee cost control activities of a large-scale airport construction project in India, ensuring strict adherence to budget, accurate financial reporting, and providing strategic insights for project decision-making. The Senior Cost Control Engineer will be responsible for managing cost control teams, interfacing with senior stakeholders, and ensuring project cost governance is maintained.
Key Responsibilities:
· Establish project budgets, monitor costs, and forecast final expenditures.
· Prepare detailed cost reports and present them to project leadership and stakeholders.
· Oversee change management, cost impact analysis, and variation approval processes.
· Verify and validate contractor claims, invoices, and ensure alignment with progress milestones.
· Collaborate with Planning, Procurement, and Engineering teams to ensure cost-effective execution.
· Support commercial negotiations, value engineering proposals, and budget realignments.
· Mentor and supervise junior cost engineers and ensure standard processes are followed.
· Conduct risk analysis related to cost overruns and propose mitigation strategies.
· Ensure compliance with corporate governance, audit, and financial controls.
Required Qualifications and Skills:
· Bachelor’s Degree in Civil Engineering, Quantity Surveying, or related discipline (Master’s preferred).
· 8+ years of experience in cost control for large infrastructure/airport projects.
· Expert-level proficiency in cost management tools such as Primavera Unifer, Candy CCS, Oracle ERP, and MS Excel.
· Strong knowledge of BOQ, Earned Value Management, and risk-based forecasting.
· Experience in handling budgets over ₹800 Cr and working with International regulatory bodies.
· Excellent leadership, communication, and stakeholder management skills.
· Proven track record in managing cost controls for mega infrastructure or aviation projects.
Preferred Industry Experience:
· Airport or aviation infrastructure sector.
· Large-scale EPC or PPP model projects.
· Multinational or government-funded construction programs.
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