Cost Control Engineer-UAE National

Overview

• The Cost Control Engineer supports the project team throughout all phases of project delivery by managing project budgeting, cost monitoring, forecasting, and financial reporting activities.
• The role plays a key part in ensuring projects are executed within approved cost baselines, while supporting effective cost control, variance analysis, and financial performance aligned with project scope and schedule.
• **Key Responsibilities:****Cost Control & Financial Management*** Development and maintenance of **project cost budgets and forecasts**
• Cost tracking, expenditure monitoring, and **variance analysis**
• Preparation of **cost reports, cash flow forecasts, and financial dashboards**
• Support to **change management** , including evaluation of cost impacts
• Understanding of **earned value management (EVM)** principles
• Cost risk identification and mitigation
• **Analytical & Technical Skills*** Strong numerical and analytical skills with high attention to detail
• Ability to interpret financial data and identify cost trends
• Accurate data validation and reconciliation
• Advanced Excel and data analysis capability
• **Planning & Coordination*** Close coordination with **project controls, planning, procurement, and construction teams**
• Support to project managers in cost-related decision making
• Timely collection and consolidation of cost data from multiple stakeholders
• Interface with finance teams for invoicing, accruals, and cost actuals
• **Communication & Reporting*** Clear and concise reporting of cost performance to project and management teams
• Ability to explain cost variances and forecasts to non-financial stakeholders
• Strong written and verbal communication skills
• **Professional Attributes*** High level of integrity, accountability, and ownership
• Ability to manage priorities and meet reporting deadlines
• Proactive, detail-oriented, and results-driven approach
• Adaptable to fast-paced, multi-project environments
• **Qualifications – Cost Control Engineer*** Bachelor’s degree in Engineering, Quantity Surveying, Finance, Cost Engineering, or a related discipline.
• Minimum 2-3 years of experience in cost control, cost engineering, or project cost management roles.
• Proven experience working on engineering, construction, energy, infrastructure, or industrial projects.
• Strong proficiency in cost control and reporting tools such as SAP, Oracle, Excel, and project cost management systems.
• Solid understanding of project cost management principles, including budgeting, forecasting, cost reporting, and variance analysis.
• Experience in EPC, PMC, or Owner’s Engineer environments is highly preferred.
• Professional certifications such as AACE (CCP), PMP, or related cost engineering credentials are an advantage.
• Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets.
• We provide consulting, projects and operations solutions in 45 countries, employing around 25,000 people. www.woodplc.com
• **Diversity Statement**We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.