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Engineer I, Cost Control

Al-Ayuni Investment And Contracting Company

The Role

Overview

Monitor and control project budgets, costs, and financial performance using ERP tools.

Key Responsibilities

  • earned value
  • cost reporting
  • procurement support
  • invoice review
  • budget monitoring
  • cost optimization

Tasks

-Perform earned value analysis (EVA) to measure project performance. -Prepare and maintain cost reports, forecasts, and variance analyses. -Support procurement, contracts, and finance teams in cost-related matters. -Review and verify subcontractor invoices and purchase orders. -Assist in monthly cost review meetings and management reporting. -Evaluate financial impact of design or scope changes and report findings. -Monitor project budgets, expenditures, and financial performance. -Identify and recommend opportunities for cost optimization and value engineering. -Ensure all cost data is accurately updated in Oracle / ERP systems. -Maintain documentation of cost control procedures and reports.

Requirements

  • oracle erp
  • ms excel
  • bachelor's
  • cost control
  • project management
  • analytical

What You Bring

-Strong analytical, numerical, and communication skills. -Proficiency in Oracle ERP or similar enterprise systems for cost tracking and reporting. -Advanced knowledge of MS Excel and reporting tools. -Bachelor’s Degree in Civil, Construction, or Industrial Engineering. -Familiarity with project management and budgeting concepts. -3–6 years of experience in cost control within construction or infrastructure projects. -Excellent command of English (written and spoken).

The Company

About Al-Ayuni Investment And Contracting Company

-It operates from a 17,000 m² open-space HQ north of Riyadh. -It has developed capabilities across railways, buildings, water & power networks, gas, IT, mining, real estate, and more. -The company owns and operates precast production and marble-mining facilities, and delivers equipment operation and maintenance services. -It handles landmark projects such as expressways with multiple flyovers, city-wide utility networks, rail segments, and industrial site developments. -Recent ventures include strategic infrastructure for NEOM, road upgrades like Sharma–Tabuk, city-centre utilities in Jeddah, and Roshn’s Fulwa development.

Sector Specialisms

Roads and Bridges

Railways

Buildings

Equipment O&M

Education

Information Technology

Marble and Mining

Pre Cast production

Water & Power

Gas

Real Estate

Automotive

Manpower services

Infrastructure

Transport