Cost Controller

Overview

Cost Controller

Key Responsibilities

• Experience in real estate development or construction is preferable.
• 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
• Maintain accurate project cost records and documentation
• Participate in project review meetings and provide commercial insights

Requirements

• Bachelor's degree in Accounting, Finance, Quantity Surveying, Civil Engineering, Construction Management, or a related field
• Minimum 5 years of experience as a Cost Controller
• Mandatory UAE experience in real estate development or construction companies
• Strong understanding of project costing, budgeting, forecasting, and cost reporting
• Experience monitoring multiple construction projects simultaneously
• Strong analytical and financial reporting skills
• Excellent knowledge of cost control methodologies and project financial management
• Advanced proficiency in Microsoft Excel
• Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, Odoo, or similar is highly preferred
• Excellent communication and stakeholder management skills
• Ability to work under pressure and meet strict deadlines
• Strong attention to detail and problem-solving skills

Preferred Qualifications

• Experience working with large-scale residential, commercial, or mixed-use developments
• Professional certifications such as CMA, ACCA, CPA, PMP, or RICS are an advantage
• Experience collaborating with Procurement, Contracts, Commercial, and Finance teams
• Knowledge of UAE construction practices and project financial controls

Benefits

• Competitive salary package
• Career growth opportunities within a leading real estate development company
• Collaborative and professional work environment
• Opportunity to contribute to landmark development projects
• Comprehensive benefits as per UAE Labour Law