Cost Control Engineer
Key Skills for This Role
Full Job Posting
Responsibilities
- Develop, monitor, and maintain project budgets and cost-control systems for steel fabrication and structural steel projects.
- Track actual costs against approved budgets, identify variances, and recommend corrective action.
- Prepare cost reports, forecasts, cash flow projections, and cost-to-complete statements.
- Monitor material costs, consumption, wastage, scrap, and production costs to identify savings.
- Monitor labor, fabrication productivity, equipment, subcontractor, and site installation costs.
- Coordinate with procurement, production, project management, planning, and finance teams to validate cost information.
- Review BOQs, estimates, project budgets, and material take-offs against project requirements.
- Monitor expenditure against project progress and assess the financial impact of delays or scope changes.
- Track variations, additional work, claims, and change orders and record their cost implications.
- Support monthly cost reviews, budget revisions, and management reporting.
- Assist with tender estimates, compare estimates against actual costs, investigate overruns, recommend profitability improvements, and maintain records.
Requirements
- Bachelor’s degree in Engineering, preferably Mechanical, Civil, Industrial, or a related discipline.
- At least 5 years of relevant cost-control experience; steel fabrication, structural steel, or steel manufacturing experience is preferred.
- Strong understanding of structural steel fabrication processes, material costing, production costs, and project execution.
- Experience in budgeting, cost forecasting, variance analysis, cost-to-complete reporting, and cost optimization.
- Familiarity with BOQs, material take-offs, project estimates, and subcontractor cost monitoring.
- Advanced MS Excel skills.
- ERP systems, SAP, or similar cost-management software experience is advantageous.
- Primavera P6 or other project-planning tool knowledge is preferred.
- Strong analytical, reporting, communication, and problem-solving skills.
Compensation
- Pay is AED 10,000–13,000 per month.
Workplace
- Work is in person in Dubai.
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