Power International Holding (PIH) is seeking a Lead Cost Control Engineer in Qatar to manage and optimize project expenditures across the construction lifecycle. You will oversee cost estimation, tracking, and reporting, identify variances, and drive corrective actions to meet financial targets. The role includes cost control procedures, vendor invoice reviews, and change-order evaluation to ensure on-budget delivery of high-quality projects.
Qualifications
Proficiency in financial analysis techniques to assess project costs, identify trends, and analyze variances.
Strong project management skills to plan, organize, and prioritize cost control tasks.
Knowledge of cost control software and tools such as Primavera or Procore for budgeting, forecasting and reporting.
Understanding of accounting principles and contract management practices.
Responsibilities
Develop and implement cost control procedures to monitor project expenditures and ensure adherence to budgets.
Collaborate with project managers to establish budgets, cost forecasts, and expenditure plans.
Perform detailed cost estimation and analysis for components, materials, labor and overhead.
Track project costs, analyze variances and trends, and identify potential cost-saving opportunities.
Prepare cost reports and presentations for stakeholders, highlighting key metrics.
Review contractor and vendor invoices for accuracy and contract compliance.
Evaluate change orders and variations for impact on costs and timelines; negotiate as needed.
Implement cost-control measures including value engineering and risk mitigation.
Provide guidance to project teams on cost-related decisions and strategies.
Monitor market trends and regulatory changes affecting costs and adjust strategies accordingly.
Skills
Financial analysis
Cost estimation
Budgeting
Contract management
ERP SAP
Negotiation
Education
Bachelor's Degree in Engineering
Tools
Primavera
Procore
SAP
Job description
Power International Holding (PIH) is seeking a Lead Cost Control Engineer in Qatar to manage and optimize project expenditures across the construction lifecycle. You will oversee cost estimation, tracking, and reporting, identify variances, and drive corrective actions to meet financial targets. The role includes cost control procedures, vendor invoice reviews, and change-order evaluation to ensure on-budget delivery of high-quality projects.