Job Description

Job Title: Cost Control Director

Location: Dubai, UAE

Employment Type: Full - Time

Key Responsibilities:

Develop, implement, and continuously improve company-wide cost control procedures, coding structures, and reporting templates aligned with corporate and project requirements.

Review and approve project cost budgets and cash flow forecasts, ensuring alignment with tendered values, contractual baselines, and work breakdown structures (WBS).

Monitor cost performance indicators for each project, identify variances, and initiate corrective measures in coordination with Project Directors, Project Managers, and the Commercial Department.

Ensure all cost reports accurately capture committed costs, actual expenditures, earned value (EV), and forecasts to complete (ETC / EAC).

Integrate cost data with planning and scheduling systems to support earned value management (EVM) and performance reporting.

Review and validate monthly cost reports from project cost control teams, ensuring accuracy, consistency, and completeness before submission to management.

Evaluate cost trends and identify risks or opportunities that could affect overall project profitability, recommend mitigation or optimization strategies.

Collaborate closely with the Commercial and Contracts Director to ensure consistent interpretation of cost data, contract value adjustments, and financial exposure.

Establish and maintain cost databases, benchmarks, and unit rate libraries to support future project estimates and tender validations.

Monitor productivity and resource utilization rates across trades and disciplines, linking actual performance to cost performance indices (CPI).

Conduct cost-to-complete and cash flow projection reviews for each ongoing project on a periodic basis, validating accuracy against actual progress.

Coordinate with procurement, planning, and finance departments to ensure full alignment between cost commitments, procurement packages, and accounting systems.

Supervise the preparation of consolidated corporate cost dashboards and executive summaries for management review.

Lead post-project cost reviews to analyze cost performance, identify variances, and feed lessons learned into future budgeting and estimation processes.

Develop KPIs for cost control teams and establish measurable performance indicators for cost predictability, reporting accuracy, and control effectiveness.

Support management in strategic financial decision-making by providing reliable cost intelligence, scenario analysis, and forecasting accuracy reports.

Requirements:

Bachelor's degree in Quantity Surveying, Civil Engineering, Construction Management, Finance, or a related field. A Master's degree (e.g., MBA, MSc) or professional certification (e.g., RICS, CCE, PSP, EVP) is highly preferred. Minimum of 18+ years of progressive experience in cost management, project controls, or quantity surveying within the building contracting or construction industry. At least 4-7 years must be in a senior leadership or director-level role overseeing a team and a portfolio of projects. Expert knowledge of Earned Value Management (EVM), cost forecasting (EAC, ETC), and change management processes. High proficiency with industry-standard software such as

Oracle Primavera P6, SAP ERP, Oracle Unifier, CMiC, or similar.

Job Type: Full-time