Senior Cost Control Specialist

Overview

We are seeking a Senior Cost Control Specialist to join the PMO of a reputable Saudi group that is expanding its Supporting Services operations. This role transcends conventional project cost control by providing insights across operational and equipment-related activities. You will assist management in identifying profitable areas, rising costs, asset utilization efficiency, and potential profitability enhancements.

Key Responsibilities

• Track and compare costs against the authorized budgets and operational objectives.
• Examine revenue streams, operational expenditures, maintenance and repair costs, and overall profitability.
• Generate detailed budget versus actual reports, variance analysis, and profitability reviews.
• Oversee the monthly revenue cycle, pinpointing any revenue leakages.
• Evaluate invoicing accuracy, unbilled revenue, accounts receivable, and collection effectiveness.
• Review equipment and asset usage, identifying downtime and operational efficiency.
• Develop comprehensive management reports, dashboards, and KPIs that illuminate business performance clearly.
• Identify and recommend ways to optimize utilization, minimize downtime, and boost profitability.
• Collaborate closely with Finance, Operations, Maintenance, and PMO teams to enhance cost and revenue management.

Candidate Profile

• Saudi nationals only.
• Bachelor’s degree in Finance, Accounting, Business Administration, or a related discipline.
• 6 to 8 years of experience in cost control, revenue management, or financial analysis.
• Demonstrated skills in invoicing, collections, and accounts receivable management.
• Strong analytical aptitude with experience analyzing profitability and utilization metrics.
• Preferred but not mandatory: experience in equipment rental, fleet management, or other asset-heavy industries.
• Experience collaborating across Finance, Operations, Maintenance, and PMO departments is advantageous.
• Additional qualifications such as CMA, CFA, or cost/financial analysis certifications are beneficial but not required.

Compensation & Benefits

The position offers a monthly salary of SAR 14,450 along with standard company benefits.

Why Join

This opportunity allows you to move past regular reporting and assume a role with a substantial impact on operational and commercial decisions. As part of a major Saudi organization, your analyses will directly influence cost optimization, revenue safeguarding, asset usage, and overall profitability, providing exposure to multiple business segments.