COST CONTROL ENGINEER

Duncan & Ross; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A prominent engineering firm in Dubai is seeking a Cost Control Engineer to manage project costs for ongoing oil and gas projects. This role requires a minimum of 7 years of experience and a Bachelor's degree in Engineering or Finance. The successful candidate will be proficient in cost control software like Primavera and Excel. You will monitor budgets, prepare reports, and participate in project reviews while ensuring compliance with client requirements.

Qualifications

• Minimum 7 years of relevant experience in cost control for oil and gas projects.
• Strong understanding of project budgeting, cost tracking, and financial reporting.
• Must be immediately available and located in the UAE or able to join on short notice.

Responsibilities

• Monitor project budgets, actual costs, commitments, and forecasts.
• Prepare and update cost reports, dashboards, and variance analyses.
• Coordinate with teams to gather data and ensure accuracy of cost information.
• Analyze trends, risks, and opportunities for cost efficiency.

Skills

Cost tracking

Budgeting

Forecasting

Analytical skills

Communication skills

Education

Bachelor's degree in Engineering or Finance

Tools

Primavera (P6)

Excel (Advanced)

ERP systems

Job description

We are looking for a Cost Control Engineer to join our team in Dubai to support ongoing oil and gas projects. The successful candidate will be responsible for tracking controlling and forecasting project costs across different project phases.

JOB RESPONSIBILITIES:

• Monitor project budgets actual costs commitments and forecasts on a regular basis.
• Prepare and update cost reports dashboards and variance analyses for internal and client reporting.
• Coordinate with engineering procurement and project controls teams to gather data and ensure accuracy of cost information.
• Support in the development and maintenance of project cost control procedures processes and tools.
• Analyze trends risks and opportunities to ensure cost efficiency throughout the project lifecycle.
• Assist in the preparation of project estimates cash flow forecasts and financial progress reports.
• Ensure compliance with client requirements and company policies related to cost control.
• Participate in monthly project review meetings and provide input on cost performance.

KEY QUALIFICATIONS:

• Bachelors degree in Engineering Finance or related field.
• Minimum 7 years of relevant experience in cost control for oil and gas projects preferably in the Middle East.
• Strong understanding of project budgeting cost tracking forecasting and financial reporting.
• Proficient in cost control software/tools such as Primavera (P6) Excel (Advanced) and ERP systems.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Must be immediately available and located in the UAE or able to join on short notice.

Vertical:

Engineering