Project Finance Manager jobs in United Arab Emirates

We are?

We are EnerMech, a specialist service company that delivers safe, integrated solutions for complex energy projects. For over 50 years, we’ve been energizing our clients across the world with unrivaled expertise, equipment, and technology that supports the entire asset life cycle – offshore and on land. We enable progress through our three global business lines: Energy Solutions, Infrastructure & Industrial Solutions, and Lifting Solutions. Within these areas, we offer a wide range of services, including cranes, lifting, fluid power, training, equipment rental, pipeline, subsea, process, and valves – all designed to help you optimize performance, enhance reliability, and improve efficiency. With a focus on operational excellence, we deliver value through our customized integrated solutions. This approach reduces risk and enhances efficiencies making us a leading and trusted partner every step of the way.

Diversity & Inclusion

EnerMech is dedicated to fostering a diverse and inclusive organization. We believe that diversity enriches our team, and we welcome applications from candidates of all backgrounds, cultures, and identities.

The Role

• The Cost Engineer role is primarily responsible for analyzing the project estimate, liaising with other functions where necessary to agree the estimate breakdown and preparing a budget for the project that complies with reporting/project control requirements.
• Ensure that the business risks are reduced to a minimum and that costs and value are forecasted and reported correctly.
• Supporting the relevant regions and business line leadership in providing cost forecasting and reporting.

Main Responsibilities & Key Result Areas

• Prepare and/or implement EnerMech and Client cost control procedures and associated cost coding.
• Phase the project estimate in line with the Construction Plan across the durations of each phase of the job.
• Ensure manhours and related costs are recorded and coded correctly and that timesheet submissions are made as required in order to support cash flow.
• Prepare cost, manhour, and cash forecasts based on updated progress, forecasts, and trends.
• Maintain Cost History sheets for every major area of the project.
• Prepare project cost and manhour reports in a timely fashion reflecting the current forecasts and trends complete with narratives and explanations for variances etc.
• Review continuously the current costs of all construction activities against budget and be aware of trends caused by changes to work scope.
• Control variations to work scope and support with an estimate of total costs of variations including manhours and manhour associated costs, additional equipment, materials, etc.
• Liaise with planners to ascertain and agree on construction progress and thus future invoice values.
• Carry out analysis of trends and highlight potential problems with recommendations for remedial action on an "Early Warning" basis.
• Prepare ad hoc cost studies and estimates as required.
• Contribute to building a cost-conscious attitude throughout the construction team.
• Carry out additional tasks as may be required from time to time.
• Be aware of and identify potential back charges from Clients/subcontractors.
• Liaise with the Project Accountant with regard to the contract's actual rates and associated cost data.
• Possess a significant degree of expertise in all aspects of Cost Control.

Essential:

• Minimum HNC/HND in Business Management, Quantity Surveying, or Law or similar.
• Experience in a cost-per-project controls role or an engineering discipline function involved in producing cost estimates or proposals.
• Commercial and contractual diligence.
• Risk analysis.

Preferred:

• Project Management and delivery vs deadlines.
• Advanced Microsoft Office skills.

Behaviors and Personal Qualities

Essential:

• Conducts and/or supervises complex tasks requiring advanced knowledge of key skills or a thorough working knowledge of a range of key skills.
• Develop a wide range of collaborative links within the organization, actively seeking opportunities to extend the network.
• Participates appropriately in the identification of hazards, the assessment of risk, and the identification of required control measures.
• Generates new ideas and is good at putting them into a wider context.
• Identifies and considers conflicting or ambiguous data in problem-solving.
• Manages progress against schedule and monitors against quality standards.
• Demonstrates ability to interpret relevant commercial and/or legal obligations of role.
• Demonstrates good knowledge and understanding of HSE behaviors and expectations.

Preferred:

• Provides technical coaching / professional guidance and assists in the development of others.
• Looks for opportunities before being asked and presents new ideas or approaches.
• Deals effectively with pressure and conflicting priorities.
• Works to develop team spirit and cooperation.