COST CONTROL ENGINEER

Duncan & Ross; Dubai; On-site; USD 70,000 - 100,000; Full time

Job summary

A leading company in the oil and gas sector is seeking a Cost Control Engineer in Dubai. This role involves monitoring project costs, preparing reports, and ensuring compliance with client requirements. The ideal candidate should have a strong background in project budgeting and relevant experience in the Middle East.

Qualifications

• Minimum 7 years of relevant experience in cost control for oil and gas projects.
• Strong understanding of budgeting, cost tracking, and financial reporting.
• Must be immediately available and located in the UAE.

Responsibilities

• Monitor project budgets, costs commitments, and forecasts.
• Prepare cost reports and variance analyses for reporting.
• Support the development of project cost control processes.

Skills

Analytical skills

Problem-solving skills

Strong communication

Education

Bachelors degree in Engineering

Bachelors degree in Finance

Tools

Primavera (P6)

Advanced Excel

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