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naukri

Senior Cost / Estimating Manager

Decima International
Dubai, UAE
Full Time
Manager
Onsite
Yesterday
Cost ControlCost EngineeringFinancial ForecastingEarned Value AnalysisRisk AnalysisPrimavera P6
Free

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Cost ControlCost EngineeringFinancial Forecasting
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Company Overview

  • Decima International is a professional services company providing project management and controls services to clients in the United States and the Middle East.
  • Our mission is to become the premier professional services provider across all industry sectors we are engaged in.
  • We are looking for a highly skilled and driven Senior Cost / Estimating Manager to support our diverse portfolio of projects across various sectors, including infrastructure, technology, and construction.

Responsibilities

  • Oversee the cost control activities on projects, ensuring that all costs are tracked, reported, and controlled in line with the project budget.
  • Develop and maintain cost control systems, including cost reports, forecasts, and change management procedures.
  • Collaborate with project managers, engineers, and other stakeholders to review cost data, identify discrepancies, and provide recommendations to mitigate cost overruns.
  • Provide monthly and quarterly cost reports for senior management, highlighting key financial metrics, including earned value analysis (EVA) and cost variance.
  • Track and report on project performance against the approved budget and schedule, identifying areas for improvement and corrective action.
  • Perform cost analysis to support project decisions, including evaluating alternative cost scenarios, conducting risk analysis, and providing cost forecasting.
  • Support the preparation of project proposals and budgets by providing accurate cost estimates and assessing financial risks.
  • Analyze and manage project change orders, ensuring that all changes are documented and their financial impact is accurately reflected in the project budget.
  • Assist in negotiating and managing contracts with subcontractors, vendors, and suppliers to ensure compliance with budgetary constraints.
  • Review and approve contractor invoices, ensuring that all costs are legitimate and within the agreed terms.
  • Ensure compliance with company policies, procedures, and industry standards in all cost control activities.
  • Support business development efforts by contributing to strategy development, positioning, proposing, and negotiating contracts.

Qualifications

  • 15+ years of cost control or cost engineering experience in the construction, infrastructure, or similar industry.
  • Bachelor's degree in construction management, civil engineering, finance, accounting, or related technical fields.
  • Strong understanding of project cost management principles, including cost forecasting, variance analysis, and cost control procedures.
  • Demonstrated experience with cost control software and financial reporting tools (e.g., Primavera P6, MS Excel, SAP).
  • Proven track record in managing project budgets, identifying cost discrepancies, and providing corrective actions.
  • Ability to analyze complex financial data and communicate findings clearly to both technical and non technical stakeholders.
  • Excellent communication skills, including the ability to effectively present financial information to clients and senior management.
  • Strong attention to detail, organizational skills, and ability to manage multiple tasks concurrently in a fast paced environment.
  • Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).

Preferred Qualifications

  • Master's degree in Construction Management, Finance, or related fields.
  • Project Management Professional (PMP) or Certified Cost Professional (CCP) certification.
  • Experience with earned value management (EVM) and risk management processes.
  • Experience working on large scale projects or with international teams.
  • Active membership in PMI, AACE, or similar professional associations.

Position Details

  • Primary Location: Dubai, United Arab Emirates.
  • Position: Senior Cost / Estimating Manager.
  • Position Classification: Salary based full time regular hours.

Productivity Tools

  • Microsoft Excel
  • Primavera P6
  • SAP
  • Microsoft Office

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