Cost Controller
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Key skills for this role
About the Role
Mira Construction is seeking a highly analytical Cost Controller to join their team in Dubai. You will monitor project costs, prepare budgets and cost reports, and ensure budget compliance within the real estate development and construction industry.
Key Skills for This Role
Responsibilities
- Monitor and control project costs throughout the entire project lifecycle
- Prepare project budgets, cost plans, cash flow forecasts, and cost reports
- Track actual project costs against approved budgets and identify variances
- Analyze cost trends and recommend corrective actions to maintain budget objectives
- Review and verify contractor invoices, purchase orders, subcontractor payments, and variation orders
- Coordinate with Project Managers, Procurement, Finance, and Commercial teams to ensure accurate cost allocation and reporting
- Prepare monthly cost reports, budget forecasts, and management dashboards
- Monitor procurement costs and ensure cost effective purchasing practices
- Assist in tender evaluations and cost estimation for new developments
- Ensure compliance with company financial policies, internal controls, and approval procedures
- Support financial planning, budgeting exercises, and project feasibility studies
- Identify potential cost risks and recommend mitigation strategies
Requirements
- Strong experience in cost control, budgeting, financial monitoring, and project cost management within real estate development and construction industry
- Experience in real estate development or construction is preferable
Full Job Posting
Job Overview
- We are seeking a highly analytical and detail oriented Cost Controller to join our growing team in Dubai.
- The ideal candidate will have strong experience in cost control, budgeting, financial monitoring, and project cost management within the real estate development and construction industry.
- Experience in real estate development or construction is preferable.
Key Responsibilities
- Monitor and control project costs throughout the entire project lifecycle.
- Prepare project budgets, cost plans, cash flow forecasts, and cost reports.
- Track actual project costs against approved budgets and identify variances.
- Analyze cost trends and recommend corrective actions to maintain budget objectives.
- Review and verify contractor invoices, purchase orders, subcontractor payments, and variation orders.
- Coordinate with Project Managers, Procurement, Finance, and Commercial teams to ensure accurate cost allocation and reporting.
- Prepare monthly cost reports, budget forecasts, and management dashboards.
- Monitor procurement costs and ensure cost effective purchasing practices.
- Assist in tender evaluations and cost estimation for new developments.
- Ensure compliance with company financial policies, internal controls, and approval procedures.
- Support financial planning, budgeting exercises, and project feasibility studies.
- Identify potential cost risks and recommend mitigation strategies.
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