Cost Control Project Manager

Innovo Group; Dubai; On-site; AED 300,000 - 550,000; Full time

Job summary

Innovo Group in Dubai seeks a Senior Cost Control professional to lead forecasting and cost performance across projects. You will oversee performance analysis, prepare executive summaries for cost baselines, and guide complex control issues.

You will manage a team of cost control engineers, ensure procedures are followed, and drive project reporting while developing control strategies for long-term efficiency.

Qualifications

• 12+ years’ experience in project management, project control and estimation, budgeting and cost control.
• Proficiency in cost engineering principles and methods including budgeting and forecasting; change management; WBS; earned value systems; revenue recognition / under billing & over billing analysis; contingency allocation.
• Strong knowledge with project cost planning, scheduling and execution.
• Ability to work under minimal supervision and effectively manage multiple priorities.
• Knowledge of construction accounting principles and understanding of financial position.
• Exceptional analytical skills and mastery of continuous process improvement tools.

Responsibilities

• Lead forecasting/reporting of cost performance throughout project life cycle.
• Analyse project performance and data base update.
• Prepare accumulative Executive Summery periodic reports for approved cost baselines (Budgets) behaviours and trends.
• Provide guidance, direction, and specialized assistance to projects for resolution of difficult and complex project control problems.
• Manage a team of Cost Control Engineers/Specialists with leadership and mentoring.
• Ensure that relevant cost management procedures and reporting requirements are incorporated.
• Prepare and assist in various levels of project reporting.
• Take part in development and implementation of project control strategies and delegation of tasks.

Skills

Forecasting

Cost control

Project management

WBS

Earned Value

Education

BS/MS Civil Engineering

Tools

Earned Value Systems

Job description

Job Description:

Role Purpose Key Accountabilities

Recommend, oversee can customize the execution for the project’s Cost control systems to meet project requirements.

• Lead forecasting/reporting of cost performance throughout projects life cycle.
• Analyse project performance and data base update.
• Responsible for preparing accumulative Executive Summery periodic reports for the approved cost baselines (Budgets) behaviours and trends for various projects.
• Provide guidance, direction, and specialized assistance to projects for the resolution of difficult
  and complex project control problems.
• Manage a team of Cost Control Engineers/Specialists with leadership, mentoring and team work skills with the ability to effectively transfer technical expertise to less experienced Cost Control professionals
• Ensure that relevant cost management procedures and reporting requirements are incorporated
• Prepare and assist in various levels of project reporting.
• Document employee performance issues and participates in resolutions as appropriate and
  provides personnel development for the assigned employees.
• Take part in the development and implementation of project control strategies
  ensuring active engagement of team members by delegation of tasks to the appropriate person
  both on a long term and on a day-to-day basis

Qualifications, Experience, Knowledge & Skills

BS/MS Civil Engineering from a reputable college.

• 12+ years’ experience in the domain of project management, project control and estimation,
  budgeting and cost control.
• Proficiency in cost engineering principles and methods including:
  • Budgeting and Forecasting
  • Change Management Systems / Procedures
  • Work Breakdown Structures
  • Earned Value Systems
  • Revenue Recognization / Under Billing & Over Billing Analysis
  • Contingency allocation
• Strong knowledge with project cost planning, scheduling and execution.
• Ability to work under minimal supervision and effectively manage multiple/changing priorities.
• Possesses knowledge of construction accounting principles with an extensive understanding of
  the manner in which the company establishes and documents the financial position.
• Exceptional analytical skills to effectively evaluate system performance, troubleshooting and
  mastery of continuous process improvement tools.