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Cost Control Engineer

MIRA CONSTRUCTION L.L.C
Dubai, UAE
Full-time
Senior
Onsite
Discovered 2 weeks ago
ERP
Free

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Key Responsibilities

  • Monitor and control project costs from project commencement through completion.
  • Prepare and maintain project budgets, cost plans, forecasts, and cost reports.
  • Track actual project expenditure against approved budgets and identify variances.
  • Monitor commitments, purchase orders, subcontractor costs, material costs, and site expenditures.
  • Maintain project cost codes and ensure accurate allocation of project costs.
  • Prepare monthly cost-control reports and provide analysis to project management.
  • Monitor project progress against budget and forecast the expected final cost.
  • Prepare and maintain Estimate at Completion (EAC) and cost-to-complete forecasts.
  • Identify potential cost overruns and provide recommendations for corrective action.
  • Monitor and assess the financial impact of project variations, claims, and change orders.
  • Coordinate with Project Managers, Quantity Surveyors, Procurement, Finance, and Site Engineers regarding project costs.
  • Review subcontractor and supplier commitments and ensure they are accurately reflected in project cost reports.
  • Monitor accruals, invoices, commitments, and actual costs.
  • Assist in project cash-flow forecasting and expenditure planning.
  • Analyze cost trends and provide management with accurate financial information for decision-making.
  • Ensure proper documentation and reporting of project costs in accordance with company procedures.
  • Support project teams in maintaining cost efficiency and minimizing unnecessary expenditure.

Requirements

  • Bachelor's degree in Civil Engineering, Quantity Surveying, Construction Management, or a related engineering/construction discipline .
  • Proven experience as a Cost Control Engineer / Project Cost Control Engineer within the construction industry.
  • Mandatory: Previous experience working directly for a construction company.
  • Strong understanding of construction project cost control and project financial management.
  • Hands-on experience with project budgets, cost forecasting, commitments, variations, and cost reporting.
  • Experience with EAC, ETC, actual vs. budget analysis, accruals, and cost-to-complete forecasting .
  • Strong knowledge of construction project expenditures, subcontractor costs, procurement, and material costs.
  • Ability to analyze cost variances and identify potential project cost overruns.
  • Strong MS Excel skills and experience with relevant ERP/project management/cost-control software.
  • Good understanding of construction contracts, BOQs, variations, subcontractor agreements, and project documentation.
  • Strong analytical, numerical, and reporting skills.
  • Excellent coordination and communication skills.
  • Ability to work closely with project and site teams.
  • Must be willing to work on-site in Dubai.
  • UAE construction experience is highly preferred.

What We Offer

  • Opportunity to work with an established construction team.
  • Competitive salary based on experience and qualifications.
  • Employment visa and medical insurance.
  • Career growth and professional development opportunities.

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