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Cost Control Manager

Nova International General Contracting L.L.C. - S.P.C
Abu Dhabi, UAE
Full Time
Manager
Onsite
2 weeks ago
Cost ControlBudgetingForecastingFinancial ModelingERP SystemsPrimavera
Free

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Company Overview

  • Nova International General Contracting is a newly established UAE based company dedicated to delivering excellence in general contracting and construction, specializing in executing branded residences.

Job Description

  • The Cost Control Manager is a senior role responsible for establishing, implementing, and overseeing the cost control framework across projects within the contracting company.

Cost Control Strategy & Leadership

  • Develop and implement company wide cost control systems, procedures, and best practices.
  • Lead the cost control team across multiple projects, ensuring consistency, accuracy, and compliance.
  • Provide strategic guidance to senior management on cost trends, risks, and financial performance.
  • Establish KPIs, benchmarks, and cost standards aligned with industry norms and company objectives.

Budgeting, Forecasting & Financial Planning

  • Oversee preparation of project budgets, baseline cost plans, and cash flow forecasts.
  • Review and validate cost estimates, BOQs, and tender submissions for accuracy, risk coverage and completeness.
  • Monitor budget performance and lead monthly/quarterly cost review meetings with project teams.
  • Develop long term financial forecasts and scenario analyses for executive decision making.

Project Cost Monitoring & Reporting

  • Ensure accurate tracking of project expenditures, commitments, and cost to complete values.
  • Review and approve cost reports, variance analyses, and financial dashboards.
  • Identify cost overruns, inefficiencies, and deviations, and recommend corrective actions.
  • Maintain oversight of WIP, earned value analysis including CPI, SPI, EAC, and ETC, productivity metrics and financial health indicators.

Change Management & Claims Support

  • Oversee evaluation of variations, change orders, and claims from a cost perspective.
  • Ensure proper documentation, justification, and cost impact assessment for all changes.
  • Collaborate with contract administrators, QS teams, and planners to support claims preparation.
  • Provide expert input during negotiations with clients, consultants, and subcontractors.

Procurement & Subcontractor Cost Oversight

  • Review procurement strategies, supplier quotations, and subcontractor cost proposals.
  • Ensure alignment between procurement costs, project budgets, and contractual obligations.
  • Monitor material price trends, market fluctuations, and supply chain risks.
  • Support value engineering initiatives to optimize cost efficiency without compromising quality.

Systems, Processes & Continuous Improvement

  • Lead implementation and optimization of ERP and cost management software.
  • Standardize cost control templates, reporting formats, and documentation procedures.
  • Conduct training and mentoring programs for cost engineers and junior staff.
  • Drive continuous improvement initiatives to enhance cost accuracy and operational efficiency.

Executive Reporting & Stakeholder Communication

  • Prepare high level cost summaries, executive dashboards, and board level presentations.
  • Communicate financial risks, opportunities, and recommendations to senior leadership.
  • Coordinate with finance, commercial, planning, and project management teams to ensure alignment.
  • Represent the cost control function in internal and external audits.

Education

  • Bachelor's degree in Civil Engineering, Quantity Surveying, Finance, or related field.
  • Master's degree (MBA, MSc in Project Management, or similar) is an advantage.
  • Professional certifications such as RICS, CMA, PMP, CCP are highly preferred.

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