Talent Pool - Cost Engineer Hospitality
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About the Role
Responsible for cost control, budgeting, and financial monitoring for hospitality projects, requiring expertise in cost analysis and engineering.
Key Skills for This Role
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Overview
Talent Pool – Cost Engineer supporting buildings, villas, mixed-use developments, and theme park projects across the Middle East, ensuring accurate cost control and financial monitoring in line with project and contractual requirements.
Prepares cost estimates, monitors budgets, and tracks expenditures while evaluating variations, progress payments, and contractor claims in coordination with project teams.
Provides cost analysis, reporting, and forecasting support to ensure effective financial management and successful delivery within approved project budgets.
Responsibilities
- Oversees budgeting, cost control, estimating, and reporting processes.
- Implements and manages cost management software tools. Assesses variations in project costs against approved budgets.
- Evaluates the accuracy of cost estimates submitted by design consultants and contractors.
- Prepares and updates cost forecasts to reflect project changes.
- Verifies that cost estimates and expenditures align with contractual agreements and specifications.
- Reviews Bill of Quantities (BOQ) prepared by design consultants and contractors.
- Validates project control budgets and updates them as needed.
- Reviews final cost reports, assets registers, and project close-out documents.
- Ensures compliance with contractual requirements for project closeout.
- Understands and adheres to Hill International's QHSE policies, manuals, and procedures.
- Implements QHSE practices within their area of responsibility.
- Collaborates with project teams to address cost-related issues.
- Provides expert advice on cost management strategies.
- Contributes to continuous improvement of cost management practices.
- Informs themselves of the relevant Quality, Environmental, Safety and Occupational Health Policies, Manuals and Procedures within Hill International and ensures continued compliance with these requirements while employed by Hill.
- Perform other duties as assigned by the line manager/supervisor.
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