Cost Controller at Samsung E&A in Al Jubail, Eastern Province, sa

Company Description

SAMSUNG E&A is a specialized EPC company that provides comprehensive solutions across all areas of the plant industry. With strong pride for our pioneering role in the history of the Korean plant industry in the past 50 years, we successfully performed numerous projects around the world and grew into a globally competitive engineering company. We continuously expand our business across the engineering industry including Oil and Gas processing, Refinery, Petrochemical, Energy Transition, Environmental, Industrial and BIO areas. Based on our extensive experience, accumulated technologies and talented resources, we provide various services from the feasibility studies to engineering, procurement, construction, commissioning and O&M.

We are looking for candidates who embody creativity, commitment, and collaboration—professionals who thrive in an innovative environment, are dedicated to excellence, and excel in teamwork.

Join us and be part of a dynamic team where ideas are valued, and collective success drives our future.

Job Description

General Characteristics (Job Summary)

• Key role of cost control in Engineering and Construction project.
• Understand variety of the fields concepts, practices, and procedures.
• Compliance with the law.

Roles and Responsibilities

• Perform or supervise project/construction cost control activities, develops cost control programs and coordinate integrated cost control activities under standard procedure and system.
• Produce routine project/construction cost and financial reports for submission to field control manager and construction manager.
• Support customer payment application and invoicing process by preparing payment applications accurately and on time.
• Verify bottle neck of collecting money and set up resolution.
• Calculate and record cost impact caused by change order.
• Estimate and record the cost of back charge to subcontractors.
• Review whether vendor’s estimation is reasonable and meet SENA’s requirements.
• Interface with accounting, procurement, engineering and other groups where necessary for the implementation of common cost coding and work breakdown structure across the project.
• Perform basic project/construction cost control activities in accordance with approved procedure.
• Receive and check subcontractors' invoices.
• Research material price and cost of subcontractor tendency.
• Assist to produce cost report.
• Organize change order history to analyze cost impact.
• Receive vendor’s estimation.
• Collect manpower, work volume and schedule to estimate cost effectively.
• SAP operation (V/O,P/R, P/O Creation, Invoice Posting, Bond Registration).
• Receive and Check Materials, Services, Rental Manpower and Equipment invoices.
• Prepare Construction 3 months Cash flow forecast.
• Cube MDG Operation (Vendor Registration).
• Review and check Monthly Progress Payment Certificate of the Subcontractors in accordance with Subcontract BOQ (Bill of Quantity and Rates).
• To develop the contractual requirements relating to cost control and estimation, invoicing of payment and variations to be stipulated in the agreements.
• Monitor, for subcontracts and other significant items, progress and the value of work done.
• Liaise with EPC and Installation functions, to maintain awareness of project/construction activities and their impact on the project/construction budget, schedule and cost forecast.
• Preparation of client invoice.
• Analyze committed costs and activities to-date (actual vs budget performance and productivity).
• Review monthly the forecasts to complete, any deviation from baselines and the effect of the corrective actions taken by PM/CM.

Qualifications

Experience

• In cost control
• Project based cost control experience gained within the Oil and Gas industry or Petrochemical industry.

Knowledge

• SAP skills
• Intermediate-to-advanced Microsoft Office skills (esp. Microsoft Excel).
• Comprehensive knowledge on overall cost control.
• Knowledge in Contract and Subcontracting.
• Knowledge in Correspondence such as letters.

Job Specific Specialty

• Analytical thinker with demonstrated talent for planning, initializing and implementing operational procedures and streamlining complex work procedures.
• Technically strong in project cost planning, scheduling. calculation and reporting.
• Review Sub-contract Agreement, Purchase Order, Change and Work Orders specially the price and unit rate.
• Operating SAP System and data structure. Team lead and collaborator in any task to be assign.
• Planning / Scheduling
• Cost Management
• Resource Management
• Quality / Safety Management
• Progress Management
• System knowledge
• Client Management
• Inter-department Coordination
• Document Control
• Risk Management

Additional Information

Our benefits include

• Accommodation
• Transportation
• Flight Tickets
• Medical Insurance

Disclaimer: Samsung E&A does not require job seekers to pay any fees, charges, or security deposits at any stage of the recruitment process. We have not authorized any individuals, agencies, or firms to collect payments on our behalf. If you're applying for a job with us, be aware that employment opportunities will never involve payment.

Be cautious of scams and do not trust anyone claiming to represent Samsung E&A who demands payment in exchange for employment opportunities.