JOB DETAILSJob Title: Cost Control Senior Engineer. Sector/Business Line: ElSewedy Electric T&D. Scope: Transmission & Distribution. Department: Project Controls.
Accountabilities:Develop and maintain project cost control systems, procedures, and reporting tools. Establish and monitor project budgets, commitments, expenditures, and forecasts. Prepare and update project cost reports, cost performance indices, and management dashboards. Analyze cost variances and identify potential cost overruns or savings opportunities. Monitor project progress and integrate cost performance with schedule performance. Perform earned value analysis and provide accurate cost forecasting. Review and validate contractor invoices, payment applications, and variations. Track and control change orders, claims, and budget adjustments. Prepare cash flow forecasts and funding requirement analyses. Coordinate with planning, procurement, finance, and project management teams. Support project managers in financial decision-making and cost optimization initiatives. Ensure compliance with project controls procedures, company policies, and contractual requirements. Participate in risk assessments and evaluate potential cost impacts. Lead monthly cost review meetings and present project financial status to management. Mentor and guide junior cost control engineers and project controls staff. Support tendering and estimating teams by providing historical cost data and lessons learned. Contribute to continuous improvement initiatives within the project controls function.
Direct Manager: Cost Control Team Leader.
Education Background:Bachelor's degree in Engineering, Construction Management or a related discipline.5-7 years of experience in cost control, project controls, and financial management of large-scale construction, infrastructure, industrial, or EPC projects. Proven experience in budget development, cost monitoring, forecasting, and cost reporting. Strong background in project cost management throughout the project lifecycle. Experience in analyzing variances, trends, and project financial performance. Familiarity with contractual requirements, change management, and claims evaluation. Experience working with multidisciplinary project teams and project stakeholders. Previous experience in supervising or mentoring junior cost control engineers is preferred.
Technical Skills:Advanced proficiency in Microsoft Excel (including advanced formulas, Pivot Tables, and dashboards). Strong knowledge of Primavera P6 and project controls integration. Experience with Power BI or other business intelligence and reporting tools. Expertise in project budgeting, forecasting, cost tracking, and cash flow management. Strong understanding of Earned Value Management (EVM) principles. Knowledge of project accounting, cost breakdown structures (CBS), and work breakdown structures (WBS). Experience with ERP systems such as SAP, Oracle, or similar platforms. Strong analytical and financial modeling skills.