Engineer (Cost Control)

Galfar Engg. & Contracting SAOG; Muscat; In loco; OMR 15.000 - 27.000; Tempo pieno

Descrizione del lavoro

Galfar Engg. & Contracting SAOG in Muscat seeks an experienced Cost Controller. The role focuses on monitoring budgets, performing cost analyses, and preparing monthly cost reports to support project decisions.

The ideal candidate holds a Civil Engineering degree with at least 5 years in cost control within main contracting. You will coordinate with procurement and management to control costs and forecast cash flows.

Competenze

• Bachelor’s degree in Civil Engineering.
• Minimum 5 years as Cost controller with main contracting company mandatory.

Mansioni

• Oversee and monitor project budgets and compare actual vs. budgeted costs.
• Analyze all cost elements to ensure accurate cost monitoring.
• Prepare monthly costing against schedules with resource estimation and monitoring.
• Establish resource productivity benchmarks and track against actuals.
• Analyze material, manpower, plant, fuel, and subcontract costs and allocate correctly.
• Raise red flags for major cost risks and overruns.
• Verify invoices and claims from suppliers/subcontracts for proper recording.
• Coordinate with procurement to check purchases against budget.
• Provide cost deviation reports and improvement measures to curb overruns.
• Prepare project cash flow forecasts based on expected funds flow.
• Develop monthly financial project reports with variance analysis.
• Prepare the Cost To Complete (CTC) for the project and update quarterly.

Conoscenze

Cost control

Budgeting

Cost analysis

Financial reporting

Formazione

Bachelors in Civil Engineering

Descrizione del lavoro

Galfar Engg. & Contracting SAOG | Full time

Muscat, Sultanate of Oman | Posted on 11/03/2026

• Salary Salary and benefits will be at par with the industry
• Minimum Work Experience in Years 5
• Qualification Bachelor’s Degree
• City Muscat
• State/Province Muscat
• Country Sultanate of Oman

Job Description

• Oversee and monitor the budget of projects, compare the actual cost with the budget and analyze any major deviations from budget.
• Familiar with all individual cost elements of the budget to ensure accurate monitoring of costs.
• Activity based cost analysis and preparation of master budget for the project.
• Prepare monthly costing against the scheduled work with proper resource estimation and its monitoring
• Prepare the resource productivity bench mark for all major activities and resources and monitor against actuals and provide feedback to the management and project team.
• Analyse material cost, Manpower cost, plant cost, fuel cost, sub contract cost etc on a day to day basis and correctly allocate to prime activities it belong to.
• Raise red flags and major risks discovered (based on costs incurred and other financial criteria)
• Analyze costs of sub-contracts involved in the project and compare actual subcontractor costs with budgeted costs.
• Prepare the cash flow forecast under consideration of the expected flow of funds .
• Verify invoices and claims from suppliers and subcontracts to properly capture and record all project expenditures
• Coordinate with procurement to check purchases against budget
• Analyse and provide the cost deviations reports and improvement measures to curb the cost overrun on a regular basis.
• Prepare CTC for the project and update the same quarterly
• Provide cost control and planning advise to the project team as required
• Develop monthly financial project report comparing actual incurred costs against plans with variance analysis for management reviews.

Requirements

Bachelor’s Degree in Civil Engineering

Minimum 5 Years as Cost controller with Main Contracting company mandatory