Cost Control Engineer

Ajman, AJ, AE, United Arab Emirates

Job Description

Job Title: Cost Control Engineer


Location:

Ajman

Job Type:

Full-time

Experience Level:

Mid to Senior Level

Industry:

Construction / Engineering



We are currently seeking a detail-oriented and analytical

Cost Control Engineer

to join our project management team. The successful candidate will be responsible for monitoring, analyzing, and controlling project costs to ensure completion within the approved budget and timelines. This role plays a critical part in financial planning, forecasting, and reporting throughout the project lifecycle.

The ideal candidate should have strong knowledge of cost control principles, excellent analytical skills, and experience working in complex engineering or construction environments.

Key Responsibilities



Develop and implement

cost control systems, procedures, and tools

to monitor project budgets and expenditures. Prepare and maintain

detailed cost reports

, forecasts, and variance analyses. Track and report

actual costs vs. planned budgets

, identifying deviations and recommending corrective actions. Support project managers in

budget planning, cash flow projections, and financial reporting

. Analyze project performance and prepare

earned value management (EVM)

reports. Review and validate

invoices, purchase orders, change orders, and subcontractor claims

. Collaborate with the planning and scheduling team to ensure alignment between

cost and schedule

. Participate in

risk assessments

, identifying cost-related risks and proposing mitigation strategies. Ensure compliance with company policies, client requirements, and industry standards. Assist with the preparation of

monthly cost reports

, progress reports, and financial presentations for management and stakeholders.

Qualifications



Bachelor's degree in

Engineering, Construction Management, Finance

, or a related field.

3-7 years of experience

in cost control, project controls, or project accounting in construction, engineering, or oil & gas sectors. Proficient in cost control software such as

Primavera P6, MS Excel (advanced), SAP, or Oracle ERP

systems. Solid understanding of

cost estimation, budgeting, and financial analysis

. Strong analytical and problem-solving skills with a keen attention to detail. Familiarity with

earned value management (EVM)

and project control principles. Excellent communication, organizational, and reporting skills. PMP or CCP (Certified Cost Professional) certification is a plus.

Preferred Attributes



Ability to work under pressure and meet tight deadlines. Team-oriented with the ability to collaborate across departments. Proactive and adaptable in fast-paced project environments.
Job Type: Full-time

Experience:

* UAE: 5 years (Required)

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Job Detail

  • Job Id
    JD2058589
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Ajman, AJ, AE, United Arab Emirates
  • Education
    Not mentioned