Cost Control Engineer

Job Summary

Key Responsibilities

• Monitor and control project costs throughout all phases of construction projects.
• Prepare and maintain project cost reports, cash flow forecasts, and budget tracking sheets.
• Analyze actual costs versus budget and identify variances.
• Coordinate with project managers and site teams regarding cost performance and forecasting.
• Review subcontractor invoices, supplier payments, purchase orders, and material costs.
• Verify quantities, progress claims, and work completed against approved budgets.
• Support preparation of project budgets, estimates, and financial forecasts.
• Assist in evaluating change orders, variations, and claims from cost impact perspectives.
• Ensure all project costs are properly allocated and recorded in ERP/accounting systems.
• Prepare weekly and monthly cost control reports for management review.
• Monitor labor productivity, equipment utilization, and material consumption.
• Coordinate with procurement to ensure cost-effective purchasing strategies.
• Identify potential financial risks and recommend mitigation measures.
• Support project audits and ensure compliance with company policies and contractual requirements.
• Maintain proper documentation and cost control records.
• Ensure compliance with UAE/KSA financial regulations, VAT requirements, and company procedures.

Qualifications

• Bachelor’s Degree in Civil Engineering, Quantity Surveying, Construction Management, Finance, or related field.
• Professional certifications such as PMP, CCP, MRICS, or equivalent are an advantage.
• Minimum 5–8 years of experience in construction cost control, preferably in civil or infrastructure projects.
• Experience in UAE and/or KSA construction industry is preferred.

Knowledge, Skills & Abilities

• Strong understanding of construction costing, budgeting, and forecasting principles.
• Knowledge of civil construction methods, BOQs, contracts, and project execution processes.
• Familiarity with FIDIC contracts and variation management.
• Strong analytical and numerical skills.
• Proficiency in ERP systems such as SAP, Oracle, or Microsoft Dynamics.
• Advanced Microsoft Excel and reporting skills.
• Ability to prepare dashboards and cost performance reports.
• Good understanding of procurement and subcontract management.
• Excellent communication and coordination skills.
• Ability to work under pressure and meet deadlines.
• Strong attention to detail and problem-solving capabilities.

Working Conditions

• Office and site-based role depending on project requirements.
• May require travel between project sites.
• Ability to work extended hours during project deadlines and reporting periods.

Physical Requirements

• Ability to visit construction sites and conduct site inspections.
• Capability to work in outdoor construction environments when required.