Cost Control Engineer Sr
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Key skills for this role
About the Role
Arabian Construction Co. seeks a Senior Cost Control Engineer for a full-time, on-site role in Abu Dhabi. The role involves developing cost structures, monitoring project expenditures, analyzing financial performance, and preparing monthly reports.
Key Skills for This Role
Responsibilities
- Implement day to day cost control operations in compliance with SOPs
- Develop R0 project budgets by assigning Work Breakdown Structures (WBS) to BOQ dry costs from estimation
- Update project budgets to include variations, claims, and additions/omissions
- Create project geographic areas in coordination with construction teams and project schedules
- Implement construction team assignments to generate responsibility level reports
- Verify weekly productivity and actual cost reports for in house activities; flag variances and develop corrective action plans
- Generate monthly reports including CCR, EVA, CTC, and PCR, highlighting cost overruns and low KPIs
- Verify payment applications, certified payments, expected revenues, and monitor overdue payments
- Check subcontractor responsibility matrices and coordinate with construction teams to ensure compliance on site
- Verify procurement reports (Soum Soum) and track procurement impact on project KPIs
- Monitor actual progress versus planned; analyze causes of variance, leading delays, and prepare lookahead reports
- Follow up on NCRs with the quality team to minimize cost impacts
Requirements
- Bachelor’s degree in Engineering
- Completion of PMP course, Primavera training, and PBI training
- 6–9 years of experience in Engineering / Project Cost Control
- Strong business acumen and financial awareness
- Proficient in data collection, analysis, reporting, and technological tools
- Excellent English communication and writing skills
- Knowledge of policies, procedures, and project control standards
Full Job Posting
Key Responsibilities
- Implement day to day cost control operations in compliance with SOPs.
- Develop R0 project budgets by assigning Work Breakdown Structures (WBS) to BOQ dry costs from the estimation department.
- Update project budgets to include variations, claims, and additions/omissions.
- Create project geographic areas in coordination with construction teams and project schedules.
- Implement construction team assignments to generate responsibility level reports.
- Verify weekly productivity and actual cost reports for in house activities; flag variances and develop corrective action plans.
- Generate monthly reports including CCR, EVA, CTC, and PCR, highlighting cost overruns and low KPIs.
- Verify payment applications, certified payments, expected revenues, and monitor overdue payments.
- Check subcontractor responsibility matrices and coordinate with construction teams to ensure compliance on site.
- Verify procurement reports (Soum Soum) and track procurement impact on project KPIs.
- Monitor actual progress versus planned; analyze causes of variance, leading delays, and prepare lookahead reports.
- Follow up on NCRs with the quality team to minimize cost impacts.
Required Qualifications & Competencies
- Bachelor’s degree in Engineering.
- Completion of PMP course, Primavera training, and PBI training.
- 6–9 years of experience in Engineering / Project Cost Control.
- Strong business acumen and financial awareness.
- Proficient in data collection, analysis, reporting, and technological tools.
- Excellent English communication and writing skills.
- Knowledge of policies, procedures, and project control standards.
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