Cost Control Engineer

Confidential Company

Al Khor

On-site

QAR 90,000 - 130,000

Full time

3 days ago
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Job summary

Confidential Company in Qatar is seeking a Construction Cost Controller to monitor budgets and control costs across projects. You will analyze expenditures, track cost drivers, and deliver timely reports to management to improve cost efficiency and financial control.

The ideal candidate has a Bachelor's degree in Engineering and 3–5 years in construction cost control, with advanced Excel skills and strong reporting and communication abilities.

Qualifications

  • Bachelor's degree in Engineering or related field.
  • 3–5 years of experience in construction cost control or budget monitoring.
  • Strong knowledge of budgets, BOQs, labor, material, and costs.
  • Advanced Excel skills and data analysis capabilities.
  • Excellent reporting and communication skills.
  • High attention to detail and ability to identify cost discrepancies.

Responsibilities

  • Review and analyze approved project budgets and detailed cost breakdowns.
  • Conduct daily monitoring of project expenditures against allocated budgets.
  • Track and analyze labor, material, equipment, subcontractor and operational costs.
  • Identify budget deviations, cost overruns and potential financial risks.
  • Prepare daily, weekly and monthly cost analysis and budget performance reports.
  • Highlight unfavorable cost trends and recommend corrective actions to management.
  • Coordinate closely with the Finance Department and Central Cost Control Audit team to ensure accurate cost reporting and budget reconciliation.
  • Verify cost records, commitments, actual expenses and outstanding financial obligations.
  • Follow up with Project Managers and site teams regarding budget utilization and cost performance.
  • Provide management with accurate cost data and analysis to support financial and operational decisions.

Skills

Cost control
Budget monitoring
Data analysis
Excel proficiency
Reporting
Communication

Education

Bachelor's degree in Engineering or related field

Tools

Excel

Job description

Job Summary

Responsible for the daily monitoring analysis and control of project budgets within the Construction Division. The role focuses on tracking actual expenditures against approved budgets, analyzing cost variances, identifying financial risks and providing regular reports and recommendations to management to ensure effective budget control and cost efficiency.


Key Responsibilities


  • Review and analyze approved project budgets and detailed cost breakdowns.

  • Conduct daily monitoring of project expenditures against allocated budgets.

  • Track and analyze labor, material, equipment, subcontractor and operational costs.

  • Identify budget deviations, cost overruns and potential financial risks.

  • Prepare daily, weekly and monthly cost analysis and budget performance reports.

  • Highlight unfavorable cost trends and recommend corrective actions to management.

  • Coordinate closely with the Finance Department and Central Cost Control Audit team to ensure accurate cost reporting and budget reconciliation.

  • Verify cost records, commitments, actual expenses and outstanding financial obligations.

  • Follow up with Project Managers and site teams regarding budget utilization and cost performance.

  • Provide management with accurate cost data and analysis to support financial and operational decisions.


Requirements


  • Bachelor's degree in Engineering or a related field.

  • 3–5 years of experience in construction cost control or budget monitoring.

  • Strong knowledge of construction budgets, BOQs, labor, material, and operational costs.

  • Advanced Excel skills and strong data analysis capabilities.

  • Excellent reporting, analytical, and communication skills.

  • High attention to detail and ability to identify cost discrepancies.

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