Qureos Mentor

khales.ae

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 About the job
 
 
 
 
 
 
 
 
 Job Title: Procurement &amp; Cost Estimation Engineer
 
 
 
 
 Location: Dubai, UAE
 
 
 
 
 Reports To: Projects Manager / Operations Manager / CEO
 
 
 
 
 
 
 
 Job OverviewThe Procurement &amp; Cost Estimation Engineer plays a critical role in the success of construction projects by delivering accurate cost estimates, managing procurement operations, and ensuring effective contract and supplier management. This role demands strong analytical skills, technical expertise, and a proactive approach to cost control and supplier negotiation. By combining detailed cost forecasting with strategic procurement, the engineer ensures that projects are executed efficiently, within budget, and in compliance with contractual and regulatory requirements.
 
 
 
 
 
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 Key Responsibilities1. Cost EstimationConduct detailed research, analysis, and quantity take-offs to prepare accurate cost estimates for construction projects.
 
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 Develop feasibility studies and budgetary proposals to ensure project financial viability.
 
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 Present estimation reports to management, highlighting cost drivers, risks, and potential savings.
 
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 Utilize industry-standard software (e.g., Candy CCS, CostX, PlanSwift, or equivalent) to enhance accuracy and efficiency in estimation.
 
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 2. Resource Allocation &amp; BudgetingCollaborate with project managers and engineers to identify resource requirements and prepare project budgets.
 
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 Monitor budget adherence, track expenditures, and prepare variance analysis reports.
 
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 Recommend corrective actions to maintain alignment with financial and operational targets.
 
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 3. Risk &amp; Cost ControlIdentify potential risks in cost, procurement, and delivery timelines; develop mitigation strategies.
 
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 Continuously monitor project costs versus budgeted amounts and report variances.
 
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 Support management in decision-making by providing insights into financial implications of project risks.
 
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 4. Supplier &amp; Subcontractor ManagementSource, evaluate, and prequalify suppliers and subcontractors based on technical, financial, and performance criteria.
 
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 Negotiate favorable terms (price, delivery schedules, payment terms, warranties) with suppliers and subcontractors.
 
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 Prepare and manage subcontractor agreements to ensure compliance with project requirements.
 
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 Build and maintain long-term relationships with key vendors for sustainable procurement practices.
 
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 5. Procurement &amp; PurchasingOversee procurement activities including purchase requisitions, RFQs, purchase orders, and delivery tracking.
 
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 Ensure procurement aligns with project schedules and budgetary targets.
 
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 Implement ERP systems (e.g., SAP, Oracle, Odoo) for procurement workflows, approvals, and reporting.
 
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 Ensure all purchases comply with company policies, specifications, and quality standards.
 
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 6. Contract ManagementDraft, review, and negotiate contracts with suppliers, subcontractors, and service providers.
 
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 Monitor contract performance, track compliance with terms, and resolve contractual disputes.
 
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 Ensure compliance with UAE laws, FIDIC standards, and company policies.
 
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 7. Quantity SurveyingConduct site measurements, quantity take-offs, and valuation of completed works.
 
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 Support project teams with accurate cost allocations and work progress certifications.
 
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 Prepare interim payment applications and assist in final account preparation.
 
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 QualificationsEducation
 
 
 Bachelor&rsquo;s Degree in Engineering (Civil, Mechanical, Electrical), Construction Management, Quantity Surveying, or a related field.
 
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 ExperienceMinimum 5 years of experience in procurement, cost estimation, and contract management within the construction or contracting industry.
 
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 Proven experience in both consultancy and contracting environments is highly desirable.
 
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 Skills &amp; Competencies
 
 
 Strong analytical, financial, and problem-solving skills.
 
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 Excellent knowledge of procurement processes, contract law, and commercial terms.
 
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 Proficiency in cost estimation software: Candy CCS, CostX, PlanSwift, or equivalent.
 
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 ERP system experience: Oracle, SAP, Odoo or similar.
 
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 Proficiency in MS Office (Excel advanced level for reporting &amp; analysis).
 
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 Familiarity with design software (AutoCAD, SolidWorks, Revit) is an advantage.
 
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 Excellent negotiation, communication, and vendor management skills.
 
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 Strong organizational skills with attention to detail and ability to manage multiple priorities.
 
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 Performance Indicators (KPIs)
 
 
 Accuracy of Cost Estimates: Variance between estimated and actual costs &lt; 5%.
 
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 Procurement Savings: Achieve targeted % cost savings from vendor negotiations annually.
 
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 On-Time Procurement: 95% of purchase orders delivered within agreed project schedules.
 
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 Compliance: 100% adherence to company procurement policies and UAE regulations.
 
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 Supplier Performance: Maintain approved vendor rating score &gt; 85%.
 
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 Core Competencies
 
 
 Financial &amp; Technical Acumen &ndash; Ability to balance cost control with technical requirements.
 
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 Strategic Thinking &ndash; Anticipates cost impacts, risks, and opportunities.
 
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 Collaboration &ndash; Works effectively with cross-functional teams (engineering, finance, contracts, site).
 
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 Integrity &amp; Ethics &ndash; Maintains transparency in procurement processes.
 
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 Adaptability &ndash; Manages multiple projects and shifting priorities in a fast-paced environment.
 
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Procurement Engineer

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Procurement Engineer