Cost Control Engineer
About the job
- A university degree in Engineering.
- At least 5 years of relevant experience in the construction industry at a similar level.
- Experience in engineering, procurement, and construction oil and gas projects with direct involvement in Engineering, Procurement and Construction.
- Fluency in the English language.
- Ability to perform under stressful situations.
- Good communication and interface with the Project Team.
- An operational mindset.
- Strong organizational skills.
- Support drafting project-specific Cost Control Procedures.
- Support preparation of the Cost Breakdown Structure in accordance with company guidelines, the Work Breakdown Structure, and the contract pricing structure.
- Support preparation of the initial project budget according to the scope of work and tender pricing documents.
- Collect actual costs and expenditures and allocate them to the Cost Breakdown Structure.
- Calculate the Value of Work Executed, also referred to as Value of Work Done.
- Perform Earned Value Management for man-hours and cost.
- Prepare monthly man-hour and cost forecasts for Project Management, Engineering, Construction, Materials, and other project resources.
- Prepare cost estimates for variations and claims, including indirect and direct costs.
- Review subcontractor cost estimates for claims and variations.
- Monitor actual project costs, analyze cost variances, and develop cost trends and projections using budgeted cost for work scheduled, budgeted cost for work performed, actual cost for work scheduled, actual cost for work performed, and the Cost Performance Index.
- Prepare cost reports.
- Maintain records of actual cost elements, including materials, equipment, and manpower, for the Project Close-Out Report and to provide feedback to the tendering department.
- Liaise with project sections on cost allocation, accounting, and control matters.
- Participate in preparing the Project Close-Out Report and lessons learned.
- Prepare regular client billing, provide supporting documents, and communicate with the client regarding certification and payment.
- Review subcontractor invoices and supporting documents.
- Participate in periodic site meetings to explain project cost reports, record suggested changes or deviations from the plan, and advise on their effect on the overall budget.
- Perform other related duties as assigned.
- Previous employment with leading EPC contractors is highly preferable.
About the company
Archirodon Group builds ports, bridges, oil and gas facilities, and other large infrastructure, mostly in the Middle East, Africa, and Europe. Its past projects include Jebel Ali Terminal 2 in Dubai and Khalifa Port in Abu Dhabi, and its work spans marine construction, energy projects, government infrastructure, dredging and pipe laying. National oil companies in Abu Dhabi and Kuwait are among the clients that pay it to run whole projects, from engineering the design and buying materials and equipment to construction, commissioning and operation. Two Greek firms founded Archirodon in 1959, and the group is headquartered in Dordrecht, Netherlands, with a major presence in Athens.
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
N/A
Founded
1959
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Simplify's Take
What believers are saying
- Archirodon's October 2025 Kuwait award added a KD160 million oil-pier contract to its construction workload.
- Archirodon says most teams have worked together for more than ten years, providing established colleagues to learn from.
- Archirodon reports $4 billion in active projects, a substantial base of contracted work.
What critics are saying
- Hyundai's March 2026 disclosure confirmed NEOM had terminated Archirodon's tunnel venture after a client-led project reorganisation.
- Archirodon's consortium withdrew from Albania's port tender in March 2026, citing rising international construction costs, according to the minister.
- Archirodon's fabrication managers face client audits, verify steel-and-pipe testing before dispatch, and submit weekly and monthly progress reports.
What makes Archirodon Group unique
- Archirodon owns over 5,000 equipment units, including 300 for marine and diving work and 20 for dredging.
- Archirodon invests project equity and arranges financing without recourse to investors' balance sheets, alongside construction delivery.
- Archirodon's Saudi power-and-water experience includes Shoaiba's 15-year construction programme covering electricity generation and desalination.
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Company News
Neom cancels The Line tunnels contracts. The 170km-long linear city is being redesigned as data centres. Neom has cancelled the contracts related to the construction of the tunnel sections of The Line in north-west Saudi Arabia, T&TI's sister publication, MEED, reports. In a stock exchange announcement filed on March 13, South Korean contractor Hyundai E&C said that Neom cancelled its contract on December 29 last year. Hyundai E&C was executing the drill-and-blast section of The Line's tunnels in a joint venture with Greece's Archirodon and South Korean counterpart Samsung C&T. The firm said its share of the joint venture was about 35%, amounting to $483m. Neom awarded contracts for constructing the mountain tunnel sections of The Line in June 2022. The drill-and-blast works were split into four packages, with two contracting teams winning two packages each. The other joint-venture team comprised Spain's FCC, the local Shibh Al-Jazira Contracting Company (Sajco) and Beijing-based China State Construction Engineering Corporation. The tunnels formed part of the infrastructure backbone of Neom's 170km The Line development, launched in January 2021. What began as Crown Prince Mohammed Bin Salman's defining symbol of a post-oil Saudi Arabia unravelled with quiet finality over roughly two years. By April 2024, planners were reportedly being forced to cut the initial phase to just 2.4km by 2030. By July last year, with the sovereign wealth fund facing tightening liquidity, the kingdom was reported to have conducted a "strategic review" to determine whether The Line was feasible - a process described as a "recalibration" of Vision 2030. Resources are now being directed to projects essential for the Fifa World Cup 2034, Expo 2030, and critical housing, healthcare and education targets. According to media reports, the government has pivoted towards repositioning what remains of Neom as an industrial and data centre hub, leveraging the Red Sea coastline's access to seawater cooling for AI infrastructure. This news article was first reported by T&TI's sister publication, MEED. Give your business an edge with its leading industry insights.