Graduate Cost Estimation

Wood; Abu Dhabi; On-site; AED 70,000 - 110,000; Full time

Job summary

Wood in Abu Dhabi invites applications for a Graduate Cost Estimation to support the project team through all phases of delivery, focusing on budgeting, forecasting and financial reporting. The role emphasizes cost control, variance analysis and alignment with project scope and schedule.

The successful candidate will develop budgets, monitor expenditures, prepare cash flow forecasts and financial dashboards, and assist with change impact assessments.

Qualifications

• Experience on engineering, construction, energy, infrastructure or industrial projects.
• Proven cost control and reporting experience.
• Familiarity with earned value management (EVM) principles.
• Certifications such as AACE CCP or PMP are an advantage.

Responsibilities

• Development and maintenance of project cost budgets and forecasts.
• Cost tracking expenditure monitoring and variance analysis.
• Preparation of cost reports cash flow forecasts and financial dashboards.
• Support to change management including evaluation of cost impacts.
• Understanding of earned value management (EVM) principles.
• Cost risk identification and mitigation.

Skills

Numerical skills

Analytical thinking

Data interpretation

Data validation

Excel data analysis

Education

Bachelor's degree in engineering

Quantity Surveying

Finance

Cost Engineering

AACE CCP

PMP

Tools

SAP

Oracle

Excel

Project cost management systems

Job description

The Graduate Cost Estimation supports the project team throughout all phases of project delivery by managing project budgeting cost monitoring forecasting and financial reporting activities The role plays a key part in ensuring projects are executed within approved cost baselines while supporting effective cost control variance analysis and financial performance aligned with project scope and schedule.

Key Responsibilities

• Development and maintenance of project cost budgets and forecasts
• Cost tracking expenditure monitoring and variance analysis
• Preparation of cost reports cash flow forecasts and financial dashboards
• Support to change management including evaluation of cost impacts
• Understanding of earned value management EVM principles
• Cost risk identification and mitigation

Analytical amp Technical Skills

• Strong numerical and analytical skills with high attention to detail
• Ability to interpret financial data and identify cost trends
• Accurate data validation and reconciliation
• Advanced Excel and data analysis capability

Planning amp Coordination

• Close coordination with project controls planning procurement and construction teams
• Support to project managers in cost-related decision making
• Timely collection and consolidation of cost data from multiple stakeholders
• Interface with finance teams for invoicing accruals and cost actuals

Communication amp Reporting

• Clear and concise reporting of cost performance to project and management teams
• Ability to explain cost variances and forecasts to non-financial stakeholders
• Strong written and verbal communication skills

Professional Attributes

• High level of integrity accountability and ownership
• Ability to manage priorities and meet reporting deadlines
• Proactive detail-oriented and results-driven approach
• Adaptable to fast-paced multi-project environments

Bachelor s degree in engineering, Quantity Surveying, Finance, Cost Engineering, or a related discipline. Proven experience working on engineering, construction, energy, infrastructure, or industrial projects. Strong proficiency in cost control and reporting tools such as SAP, Oracle, Excel, and project cost management systems. Solid understanding of project cost management principles, including budgeting, forecasting, cost reporting, and variance analysis. Experience in EPC, PMC, or Owner s Engineer environments is highly preferred. Professional certifications such as AACE (CCP), PMP, or related cost engineering credentials are an advantage.