Cost Control Engineer

RAQ Contracting Company LLC; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

An established industry player is looking for a skilled professional with extensive experience in the construction sector. This role involves monitoring budgets, managing costs, and collaborating with various teams to ensure project success. The ideal candidate will have a strong background in cost estimation and management, along with excellent analytical and communication skills. Join a dynamic environment where your expertise will contribute to innovative construction projects and help drive efficiency and savings. This opportunity is perfect for those who are passionate about enhancing resource utilization and optimizing project outcomes.

Qualifications

• 10-12 years of experience in the construction industry required.
• Comprehensive knowledge of cost control and procurement processes.

Responsibilities

• Monitor daily quantities and costs to ensure compliance with the budget.
• Prepare and review job budget sheets and manage variation orders.

Skills

Analytical Skills

Problem-Solving Skills

Communication Skills

Negotiation Skills

Cost Management Strategies

Education

Bachelor’s degree in Civil Engineering

Bachelor’s degree in Quantity Surveying

Bachelor’s degree in Construction Management

Tools

Project Management Software

Quantity Surveying Software

Job description

Bachelor of Technology/Engineering (Civil)

Nationality: Any Nationality

Vacancy: Job Description

• Monitor daily quantities and costs to ensure compliance with the approved budget and cost control policies for all project requisitions and expenses.
• Manage variation orders by incorporating approved changes into the project budget.
• Prepare and review job budget sheets, updating budgets based on new or revised drawings.
• Collaborate with cross-functional teams, such as Accounts, Site QS, Planning, and Engineering, to collect data for detailed cost analysis.
• Maintain accurate records of actual cost elements (e.g., staff, materials, subcontractors) for project close-out reports.
• Track and report project status, emphasizing significant savings or losses to management.
• Provide regular updates and reports on budget revisions and the impact of variation orders.
• Ensure all job files, including revised budgets, contracts, and drawings, are properly organized and maintained.
• Identify opportunities for cost savings and recommend initiatives to enhance resource utilization.
• Coordinate with engineering, procurement, construction, and other teams as needed to stay informed about project activities and their influence on the budget, schedule, and cost forecast.
• Develop and maintain an effective system for data sharing to support financial analysis, reporting, and explanations for major budget variances.

Desired Candidate Profile

Experience:

• Overall 10-12 years of experience in the construction industry.
• Comprehensive knowledge of construction, quantity surveying, cost control, and procurement processes.
• In-depth understanding of construction methods, techniques, and materials.
• Expertise in cost estimation and cost management strategies.
• Familiarity with contract administration and the legal aspects of construction projects.

Education:

• Bachelor’s degree in Civil Engineering, Quantity Surveying, Construction Management, or a related field.

Technical Skills:

• Proficiency in English, both written and verbal communication.
• Strong analytical and problem-solving skills.
• Excellent communication and negotiation skills.
• Advanced proficiency in quantity surveying and project management software tools.

Location: 15th Floor, Fifty One Tower, Business Bay, PO box no: 235988 UAE, Dubai, United Arab Emirates (UAE)