Cost Control Engineers

Azizi Group; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading Dubai-based development company is seeking a Cost Control Engineer to manage financial aspects across projects, including budget compliance and cost forecasting. The ideal candidate will have a degree in Engineering, at least 5 years of experience, and strong skills in cost control tools like MS Project and ERP software. Join a passionate team dedicated to innovative real estate development in Dubai's competitive market.

Qualifications

• Degree in Engineering with specialization in Project Management or Cost Control-related training.
• Minimum of 5 years of experience in a similar role.
• Knowledge of MS Project, ERP software is highly advantageous.

Responsibilities

• Monitor and control all commitments against budgets.
• Prepare and submit the Monthly Cost Analysis Report with high accuracy.
• Conduct cost analysis and case studies as required.

Skills

Cost Control

Project Management

Microsoft Office

ERP Software

Power BI

Education

Degree in Engineering related to Project Management

Tools

MS Project

AutoCAD

Job description

We are Azizi, a leading Dubai-based developer and a passionate team of people driven by the goal of crafting beautiful homes for people living in the UAE. Our portfolio spans across Dubai's prime residential and commercial destinations, showcasing our commitment to transparency, customer centricity, quality, integrity, and adding value through a construction-driven approach.

With some of our exciting launches such as Burj Azizi (the second tallest tower in the world), Monaco Mansions, and Azizi Venice, Dubai's new luxurious Venetian-inspired waterfront community, we are rapidly expanding our capabilities in our Design 360 Studio. Our team seamlessly integrates Architecture, Structures, MEP, Landscape, Interiors, and Supervision to deliver a variety of innovative and value-driven real estate assets.

As a Cost Control Engineer, you will be responsible for managing and monitoring the financial aspects of a project, including monitoring project expenses, ensuring budget adherence, preparing cost forecasts, and ensuring that the project stays within budget. You will work closely with the Department Head to develop cost analysis reports comparing Earned Value vs. Cost at the Cost Code level.

Responsibilities include:

1. Monitoring and control of all commitments against budgets.
2. Verifying Purchase/Hire Requests for Material, Equipment, and Work Packages for Subcontractors.
3. Comparing actual Direct Labor, Indirect Labor, Staff, and Equipment deployment with budgeted figures monthly, highlighting any variations in the monthly Project Cost Analysis Reports.
4. Achieving maximum accuracy in cost forecasts by analyzing resource histograms and Cost to Complete (CTC), proactively identifying potential overruns each month for timely corrective actions.
5. Monitoring and checking the implementation of cost control procedures, including cost code input, requisition follow-up, and consumption of major materials.
6. Preparing and submitting the Monthly Cost Analysis Report with high accuracy.
7. Conducting cost analysis and case studies as required.
8. Supporting in preparing Cost to Complete reports in coordination with the Project Manager, and assisting the Cost Control Manager as needed.

Heres what you'll need:

• Degree in Engineering with specialization in Project Management or Cost Control-related training.
• Minimum of 5 years of experience.
• Knowledge of MS Project, ERP software, Power BI is highly advantageous.
• Proficiency in Microsoft Office, AutoCAD, and related software.