Cost Controller

Decima International; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

A leading company in the construction sector is seeking a Cost Control Manager to oversee project cost management activities. The ideal candidate will have over 8 years of experience, a relevant degree, and strong analytical skills. Responsibilities include developing cost control systems, tracking project performance, and collaborating with project teams to ensure financial accuracy. This position offers a competitive salary and the opportunity to work on large-scale projects in a dynamic environment.

Qualifications

• 8+ years of cost control or cost engineering experience in construction or similar.
• Strong understanding of project cost management principles.
• Proficient in cost control software and financial reporting tools.

Responsibilities

• Oversee cost control activities on projects and ensure budget compliance.
• Develop cost control systems and provide regular financial reports.
• Collaborate with stakeholders to identify discrepancies and recommend actions.

Skills

Cost Control

Cost Forecasting

Variance Analysis

Financial Reporting

Communication

Attention to Detail

Education

Bachelor's degree in construction management

Bachelor's degree in civil engineering

Bachelor's degree in finance

Bachelor's degree in accounting

Tools

Primavera P6

MS Excel

SAP

Job description

• Oversee the cost control activities on projects, ensuring that all costs are tracked, reported, and controlled in line with the project budget.
• Develop and maintain cost control systems, including cost reports, forecasts, and change management procedures.
• Collaborate with project managers, engineers, and other stakeholders to review cost data, identify discrepancies, and provide recommendations to mitigate cost overruns.
• Provide monthly and quarterly cost reports for senior management, highlighting key financial metrics, including earned value analysis (EVA) and cost variance.
• Track and report on project performance against the approved budget and schedule, identifying areas for improvement and corrective action.
• Perform cost analysis to support project decisions, including evaluating alternative cost scenarios, conducting risk analysis, and providing cost forecasting.
• Support the preparation of project proposals and budgets by providing accurate cost estimates and assessing financial risks.
• Analyze and manage project change orders, ensuring that all changes are documented and their financial impact is accurately reflected in the project budget.
• Assist in negotiating and managing contracts with subcontractors, vendors, and suppliers to ensure compliance with budgetary constraints.
• Review and approve contractor invoices, ensuring that all costs are legitimate and within the agreed terms.
• Ensure compliance with company policies, procedures, and industry standards in all cost control activities.
• Support business development efforts by contributing to strategy development, positioning, proposing, and negotiating contracts.
• Perform other related duties as required and assigned.

QUALIFICATIONS

Required qualifications:

• 8+ years of cost control or cost engineering experience in the construction, infrastructure, or similar industry.
• Bachelor s degree in construction management, civil engineering, finance, accounting, or related technical fields.
• Strong understanding of project cost management principles, including cost forecasting, variance analysis, and cost control procedures.
• Demonstrated experience with cost control software and financial reporting tools (e.g., Primavera P6, MS Excel, SAP).
• Proven track record in managing project budgets, identifying cost discrepancies, and providing corrective actions.
• Ability to analyze complex financial data and communicate findings clearly to both technical and non-technical stakeholders.
• Excellent communication skills, including the ability to effectively present financial information to clients and senior management.
• Strong attention to detail, organizational skills, and ability to manage multiple tasks concurrently in a fast-paced environment.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).

Preferred qualifications:

• Master s degree in Construction Management, Finance, or related fields.
• Project Management Professional (PMP) or Certified Cost Professional (CCP) certification.
• Experience with earned value management (EVM) and risk management processes.
• Experience working on large-scale projects or with international teams.
• Active membership in PMI, AACE, or similar professional associations.

Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at [e-mail]