COST CONTROL ENGINEER

MVL group; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the UAE is seeking a Cost Control Engineer responsible for monitoring and managing project costs. The role entails preparing budgets, conducting cost analyses, and ensuring expenditures align with financial plans. Applicants should have a degree in a relevant field and at least 5-6 years of experience in construction or infrastructure projects.

Qualifications

• Minimum of 5-6 years in cost control and quantity surveying.
• Experience preferred in large-scale construction or infrastructure projects.

Responsibilities

• Monitor project costs against the approved budget and flag variances.
• Prepare accurate cost estimates, budgets, and feasibility studies.
• Prepare periodic cost and progress reports for management.

Skills

Cost Estimation

Budgeting

Quantity Surveying

Cost Control

Procurement Management

Contract Administration

Stakeholder Coordination

Education

Bachelor's degree in Quantity Surveying

Bachelor's degree in Civil Engineering

Bachelor's degree in Construction Management

Job description

Bachelor of Technology/Engineering (Civil)

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description

We are looking for a Cost Control Engineer responsible for monitoring, controlling, and forecasting project costs to ensure expenditures align with budgets and financial plans. The role involves tracking project progress, analyzing variances, and providing accurate financial reports to support decision-making.

1. Cost Estimation & Budgeting
   • Prepare accurate cost estimates, budgets, and feasibility studies.
   • Conduct cost analyses to evaluate project financial viability.
   • Manage and update project cost reports regularly.
2. Quantity Surveying
   • Prepare bills of quantities (BOQ), schedules of works, and tender documents.
   • Evaluate and validate contractor claims, including variations and change orders.
   • Conduct measurement and valuation of works on-site.
3. Cost Control & Monitoring
   • Monitor project costs against the approved budget and flag variances.
   • Implement cost-saving strategies without compromising project quality.
   • Track and forecast project cash flow and ensure timely reporting.
4. Procurement Management
   • Evaluate supplier and subcontractor bids for cost-effectiveness.
   • Negotiate contracts and procurement terms to optimize expenditure.
   • Coordinate with the procurement team to prepare and issue contracts and purchase orders.
5. Contract Administration
   • Manage contractual risks and resolve disputes effectively.
   • Ensure compliance with contractual terms and conditions.
   • Assist in drafting contractual correspondence.
6. Reporting & Documentation
   • Prepare periodic cost and progress reports for management.
   • Maintain accurate records of all cost and quantity-related activities.
   • Ensure timely submission of financial documents and certifications.
7. Stakeholder Coordination
   • Liaise with project managers, consultants, contractors, and clients to align on budgets and timelines.
   • Act as a point of contact for cost-related queries during the project lifecycle.

Qualifications

• Education: Bachelor's degree in Quantity Surveying, Civil Engineering, Construction Management, or a related field.
• Experience: Minimum of 5-6 years in cost control and quantity surveying, preferably in large-scale construction or infrastructure projects.

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