Job Description

Job Purpose:

The Cost Controll Engineer will be responsible for overseeing and managing all cost-related activities on assigned infrastructure projects. This includes developing project budgets, monitoring actual costs, identifying variances, analyzing financial data, and providing timely and accurate cost reports to support project decision-making. The role plays a vital part in ensuring that projects are completed within budget and financial risks are proactively managed.

Key Responsibilities:

1. Budget Development and Management

Collaborate with project managers, estimators, and quantity surveyors to prepare detailed project budgets Set up cost control systems and project codes for efficient tracking Maintain and update budgets throughout the project lifecycle based on scope changes and approved variations

2. Cost Monitoring and Reporting

Track actual project expenditures versus approved budgets and forecasts Identify cost overruns, savings opportunities, and potential financial risks Prepare accurate monthly and quarterly cost reports, cash flow forecasts, and variance analysis Conduct cost trending and forecasting to support project planning and management decisions

3. Invoice and Payment Review

Review and validate contractor and vendor invoices for accuracy and compliance with contracts Coordinate with procurement, site teams, and accounts payable to ensure timely processing of payments Ensure all invoices are within approved budgets and highlight discrepancies

4. Change and Risk Management

Assess financial impact of project changes, delays, and risks Support change order evaluations, cost estimation of variations, and impact on overall project cost Assist in maintaining a change log and ensuring cost impact is accurately reflected in financial systems

5. Auditing, Compliance, and Documentation

Ensure all financial records, cost reports, and supporting documents are well-maintained and audit-ready Assist in internal and external audits by providing necessary data and explanations Ensure compliance with company policies, procedures, and client requirements

6. Coordination and Communication

Liaise with project managers, site engineers, finance department, and senior management for effective cost control Participate in project review meetings and present cost performance updates Provide support to tendering and estimating teams during bidding stages with historical data and cost benchmarks

Qualifications and Experience:

Bachelor's degree in Civil Engineering, Quantity Surveying, Finance, Accounting, or related discipline 5-7 years of UAE relevant experience in cost control or project controls within the infrastructure or construction industry Strong understanding of construction contracts, project delivery methods, and financial principles Hands-on experience with ERP and cost management systems Proficiency in Microsoft Excel, Power BI, and project management software such as Primavera P6 or MS Project Strong analytical, numerical, and problem-solving skills Excellent communication, organizational, and time-management abilities Ability to work independently under pressure and meet strict deadlines

Preferred Certifications:

Certified Cost Professional (CCP) - AACE Project Management Professional (PMP) - PMI
Certified Management Accountant (CMA) or CPA (for finance background

Job Types: Full-time, Permanent

Application Question(s):

What is your current salary ?Background verification will be done with your current or previous company about the salary after interview clearance * What is expected salary ? you will receive the interview only if the salary expectation meets our budget