Luxury Developer Sr. Cost Control Manager
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Key skills for this role
About the Role
AHS Properties, a leading ultra-luxury real estate developer in Dubai, is seeking a Senior Cost Control Manager to lead cost management and financial oversight across luxury developments.
Key Skills for This Role
Responsibilities
- Develop, manage, and maintain project budgets from pre development through project completion
- Monitor project expenditures, commitments, and forecasts to ensure alignment with approved budgets
- Prepare and present monthly cost reports, variance analyses, and financial performance updates to senior leadership
- Lead cost control processes across multiple luxury real estate developments simultaneously
- Review and validate cost estimates, BOQs, contractor submissions, and consultant recommendations
- Monitor and evaluate variation orders, claims, and contract changes, ensuring commercial compliance and cost transparency
- Collaborate with Development, Design, Procurement, Construction, and Finance teams to identify cost saving opportunities while maintaining luxury quality standards
- Support tender evaluations and procurement strategies from a commercial and cost perspective
- Establish and improve cost control procedures, reporting systems, and governance frameworks
- Identify commercial and financial risks and implement mitigation strategies
- Manage project cash flow forecasts and support long term financial planning
Requirements
- Bachelor's Degree in Quantity Surveying, Civil Engineering, Construction Management, Finance, or a related field
- Minimum 10 years of experience in cost control, quantity surveying, commercial management, or project finance within the construction or real estate industry
- Minimum 5 years in a senior level cost management role
- Main contractor background is highly recommended
- Proven experience managing large scale luxury residential, mixed use, hospitality, or high end development projects
- Strong knowledge of UAE construction market rates, procurement practices, and contract administration
- Excellent understanding of project budgeting, forecasting, cash flow management, and cost reporting
- Experience with FIDIC contracts and commercial management practices
- Advanced proficiency in Microsoft Excel and cost management systems
- Strong analytical, negotiation, and stakeholder management skills
- Professional certifications such as MRICS, CCP, PMP, or equivalent are advantageous
Full Job Posting
Company Overview
- AHS Properties is a leading ultra luxury real estate developer in Dubai, renowned for creating exceptional waterfront villas, bespoke mansions, and iconic residences that redefine luxury living.
The Opportunity
- We are looking for an experienced Senior Cost Control Manager to lead cost management and financial oversight across our portfolio of ultra luxury developments.
Responsibilities
- Develop, manage, and maintain project budgets from pre development through project completion
- Monitor project expenditures, commitments, and forecasts to ensure alignment with approved budgets
- Prepare and present monthly cost reports, variance analyses, and financial performance updates to senior leadership
- Lead cost control processes across multiple luxury real estate developments simultaneously
- Review and validate cost estimates, BOQs, contractor submissions, and consultant recommendations
- Monitor and evaluate variation orders, claims, and contract changes, ensuring commercial compliance and cost transparency
- Collaborate with Development, Design, Procurement, Construction, and Finance teams to identify cost saving opportunities while maintaining luxury quality standards
- Support tender evaluations and procurement strategies from a commercial and cost perspective
- Establish and improve cost control procedures, reporting systems, and governance frameworks
- Identify commercial and financial risks and implement mitigation strategies
- Manage project cash flow forecasts and support long term financial planning
Requirements
- Bachelor's Degree in Quantity Surveying, Civil Engineering, Construction Management, Finance, or a related field
- Minimum 10 years of experience in cost control, quantity surveying, commercial management, or project finance within the construction or real estate industry
- Minimum 5 years in a senior level cost management role
- Main contractor background is highly recommended
- Proven experience managing large scale luxury residential, mixed use, hospitality, or high end development projects
- Strong knowledge of UAE construction market rates, procurement practices, and contract administration
- Excellent understanding of project budgeting, forecasting, cash flow management, and cost reporting
- Experience with FIDIC contracts and commercial management practices
- Advanced proficiency in Microsoft Excel and cost management systems
- Strong analytical, negotiation, and stakeholder management skills
- Professional certifications such as MRICS, CCP, PMP, or equivalent are advantageous
Benefits
- Opportunity to work on some of Dubai's most prestigious ultra luxury developments
- Collaborative and high performance work environment
- Competitive compensation package
- Career growth within a rapidly expanding luxury real estate developer
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