Cost Control Engineer - MEP

Innovo Group; Dubai; On-site; AED 180,000 - 280,000; Full time

Job summary

Innovo Group in Dubai seeks a Cost Controller to monitor and manage project costs for MEP initiatives, ensuring actual spend aligns with budgets and reporting is timely.

You will prepare monthly cost reports, cash flow forecasts, and variance analyses, support budget setup, and liaise with QS, procurement, and finance to guarantee data accuracy and cost efficiency.

Qualifications

• 4–6 years of cost control experience in MEP or construction.
• Advanced Excel skills are essential.
• ERP software proficiency preferred.
• Strong analytical and reporting capabilities.

Responsibilities

• Monitor and analyze project costs against budgets weekly and monthly.
• Prepare monthly cost reports, cost-to-complete forecasts, and variance analyses.
• Track cash flow forecasts and actual spend versus forecast.
• Assist in budget setup and cost baseline establishment with stakeholders.
• Track approved variations and update cost baselines accordingly.
• Introduce tools and processes to improve efficiency and cost transparency.

Skills

Advanced Excel

Analytical and reporting skills

Education

Bachelor's degree in Engineering, Finance, or Quantity Surveying

Tools

ERP software

Job description

Job Description:

Role Purpose

To monitor and control project costs for Innovo MEP, tracking actual expenditure against approved budgets and providing timely cost reports to support project management decision-making.

Key Accountabilities

Cost Monitoring

• Track and analyse project costs against approved budgets on a weekly and monthly basis.
• Identify cost variances and elevate significant deviations to the Cost Control Team Leader.

Cost Reporting

• Prepare monthly cost reports, cost-at-completion forecasts, and variance analyses.
• Maintain cost databases and ensure all project transactions are correctly coded.

Cash Flow Reporting

• Prepare project cash flow forecasts and track actual spend versus forecast.
• Highlight cash flow risks and funding gaps to the Cost Control Team Leader.

Budget Management Support

• Assist in project budget setup and cost baseline establishment.
• Liaise with QS, procurement, and finance to ensure cost data accuracy.

Change Control

• Track approved variations and update project cost baselines accordingly.
• Verify that cost impacts of change orders are correctly captured in cost reports.

Innovation & Value Creation

• Introduce modern tools, technologies and processes that improve efficiency and transparency.
• Encourage innovative thinking to enhance outcomes and reduce costs without compromising quality.

Qualifications, Experience, Knowledge & Skills

• Bachelor's degree in Engineering, Finance, or Quantity Surveying
• Minimum 4–6 years of cost control experience in MEP or construction
• Advanced Excel skills; ERP proficiency preferred
• Strong analytical and reporting skills

Requirements: