Senior Cost Control Engineer

KBR Inc.; United Arab Emirates; On-site; AED 250,000 - 350,000; Full time

Job summary

A leading engineering firm is seeking a Senior Cost Control Engineer in the United Arab Emirates. The role involves developing and maintaining project budgets, monitoring costs, and ensuring compliance with internal procedures. Candidates should have a Bachelor's degree in a relevant field and extensive experience in project cost control, preferably in oil & gas/EPC. Proficiency in SAP and strong analytical skills are essential. This position offers significant responsibilities contributing to major capital projects.

Qualifications

• 10–15 years’ experience in project cost control (oil & gas/EPC preferred).
• Professional certifications (AACEI CCP, PMP) preferred.

Responsibilities

• Develop and maintain project cost budgets and baselines.
• Monitor actual costs, commitments, and forecasts against approved budgets.
• Prepare monthly cost reports, dashboards, and EAC forecasts.
• Review and validate contractor invoices, variations, and cost-related contract items.
• Track change requests and incorporate approved changes into project budgets.
• Support risk reviews by identifying cost impacts and trends.
• Ensure compliance with internal cost control procedures and audit requirements.

Skills

Strong analytical and numerical ability

Excellent communication and reporting skills

Attention to detail and accuracy

Ability to work in fast-paced project environments

Excellent in developing and setting up Cost Model System and Forecasting of Revenue and Cost

Good knowledge in SAP or any equivalent ERP system

Good Excel and MS Office skills

Good in Data Analytics and Power BI Reporting

Good in communication and presentation

Education

Bachelor’s degree in Engineering, Finance, Accounting, or related field

Tools

SAP

Oracle

EcoSys

Excel

Job description

Overview

Title: Sr. Cost Control Engineer — Grade OCST30

The Senior Cost Control Engineer supports project financial performance by developing budgets, monitoring expenditures, analyzing variances, and preparing cost forecasts. The role ensures accurate and timely cost reporting to support decision‑making across major capital projects.

Responsibilities

• Develop and maintain project cost budgets and baselines.
• Monitor actual costs, commitments, and forecasts against approved budgets.
• Prepare monthly cost reports, dashboards, and EAC forecasts.
• Review and validate contractor invoices, variations, and cost-related contract items.
• Track change requests and incorporate approved changes into project budgets.
• Support risk reviews by identifying cost impacts and trends.
• Ensure compliance with internal cost control procedures and audit requirements.

Qualifications

• Bachelor’s degree in Engineering, Finance, Accounting, or related field.
• 10–15 years’ experience in project cost control (oil & gas/EPC preferred).
• Proficiency with cost management tools (e.g., SAP, Oracle, EcoSys, Excel).
• Professional certifications (AACEI CCP, PMP) preferred.

Key Skills

• Strong analytical and numerical ability.
• Excellent communication and reporting skills.
• Attention to detail and accuracy.
• Ability to work in fast-paced project environments.
• Excellent in developing and setting up Cost Model System and Forecasting of Revenue and Cost.
• Good knowledge in SAP is required, or any equivalent ERP system is required
• Good Excel and MS Office skills are required.
• Good in Data Analytics and Power BI Reporting
• Good in communication and presentation