| Job Location | Riyadh, Saudi Arabia |
| Education | Not Mentioned |
| Salary | Not Mentioned |
| Industry | General Engineering Consultancy |
| Functional Area | Not Mentioned |
Key Responsibilities:1. Cost Management & Reporting.1.1. Develop and implement cost control procedures and best practices for projects.1.2. Review detailed cost estimates and support in developing cost baseline for projects using estimate to budget conversion.1.3. Monitor ongoing projects expenses and conduct regular cost forecasting to prompt potential deviations to the budget.1.4. Analyze cost data and provide insights to project teams and management.1.5. Collaborate with project managers to track and report on financial performance.1.6. Prepare and present detailed cost reports to the PMO Director and senior management, highlighting any variances, potential overruns, and recommended actions.1.7. Evaluate contracts and terms with vendors and suppliers.2. Risk Management2.1. Conduct risk analysis and advise on cost implications of project change.2.2. Implement cost risk management frameworks and tools for project teams to use in daily operations.2.3. Ensure consistent risk reporting and a monthly risk meeting, including communicating major risks to senior leadership.2.4. Promote a culture of proactive risk identification and response within the project cost Control teams.
Keyskills :
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