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Salary
≈ $30k – $58k per year (Estimated)
Location
In office (Saudi Arabia)
Seniority
Senior · 8+ years exp

Confirmed on the employer's own hiring board on Oct 19, 2026. First seen by Alion on Oct 6, 2026.

Overview
Company
Impact
Profile match
Estithmar Holding is a publicly listed Qatari holding company headquartered in Lusail that invests in and manages a diversified portfolio of businesses grouped into services, industries and contracting, healthcare and ventures. Its divisions include Elegancia Services, Elegancia Contracting & Industries, Apex Health, Estithmar Ventures and Estithmar Capital, and the group, chaired by Moutaz Al-Khayyat, manages more than 120 companies across about ten countries. Its careers portal, shared with Power International Holding, lists construction and project roles such as BIM, planning, site and cost control engineers, along with hospitality, catering and finance staff.

Job Summary

    The Senior Cost Control Engineer is to manage project budgets, monitor expenditures, and analyze cost variances to ensure projects are completed within financial constraints. They collaborate with stakeholders to implement cost control procedures and provide insights for optimizing resource allocation and mitigating financial risks. Their role is crucial in maintaining project profitability and adherence to financial objectives.

Job Responsibilities 1

Develop and maintain project budgets, collaborating with project managers and stakeholders to accurately forecast costs and allocate resources effectively.

Monitor project expenditures against budgetary constraints, conducting regular analysis to identify discrepancies and potential cost overruns.

Conduct thorough variance analysis to understand the root causes of deviations from budgeted costs, providing insights and recommendations for corrective actions.

Prepare detailed reports on project financial performance, including budget vs. actual analyses, cost forecasts, and financial projections for review by senior management and stakeholders.

Identify and assess potential risks and opportunities that may impact project costs, implementing strategies to mitigate risks and capitalize on opportunities.

Establish and enforce cost control procedures and policies to ensure compliance with budgetary constraints and financial regulations.

Collaborate closely with project managers, engineers, and procurement teams to align cost control efforts with project objectives and address financial challenges.

Implement cost tracking systems and expense approval processes to optimize cost management and ensure accurate financial reporting.

Continuously evaluate and improve cost control processes, leveraging technology and best practices to enhance efficiency and effectiveness.

Provide guidance and support to junior cost control staff, fostering a culture of continuous learning and development within the team.

Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies

    Job Responsibilities 2

    Additional Responsibilities 3

    Job Knowledge & Skills

    Knowledge of Cost estimating packages such as CCS (Candy) is essential

    Knowledge in Cost Management, Estimating and Change Control

    Computer skills: MS applications and Primavera 6 but not essential

    Knowledge of multi-project resource planning

    Demonstrable project and programme management experience allowing a comprehensive knowledge and

    understanding of the fundamental principles and technique

    ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.

    Job Experience

    Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plus

    Competencies

    Resilience

    AI Fluency

    Quality_321977507

    Leadership_321977503

    Change Management L3_371007384

    Claim Studies L3

    Time and Task Management L3

    Cost Control L3

    Agility

    Financial Reporting L3_323747999

    Education

    Bachelor's Degree in Civil Engineering or Engineering

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