Cost Control Director

Job Title: Cost Control Director

Location: Dubai, UAE

Employment Type: Full - Time

Key Responsibilities:

· Develop, implement, and continuously improve company-wide cost control procedures, coding structures, and reporting templates aligned with corporate and project requirements.

· Review and approve project cost budgets and cash flow forecasts, ensuring alignment with tendered values, contractual baselines, and work breakdown structures (WBS).

· Monitor cost performance indicators for each project, identify variances, and initiate corrective measures in coordination with Project Directors, Project Managers, and the Commercial Department.

· Ensure all cost reports accurately capture committed costs, actual expenditures, earned value (EV), and forecasts to complete (ETC / EAC).

· Integrate cost data with planning and scheduling systems to support earned value management (EVM) and performance reporting.

· Review and validate monthly cost reports from project cost control teams, ensuring accuracy, consistency, and completeness before submission to management.

· Evaluate cost trends and identify risks or opportunities that could affect overall project profitability, recommend mitigation or optimization strategies.

· Collaborate closely with the Commercial and Contracts Director to ensure consistent interpretation of cost data, contract value adjustments, and financial exposure.

· Establish and maintain cost databases, benchmarks, and unit rate libraries to support future project estimates and tender validations.

· Monitor productivity and resource utilization rates across trades and disciplines, linking actual performance to cost performance indices (CPI).

· Conduct cost-to-complete and cash flow projection reviews for each ongoing project on a periodic basis, validating accuracy against actual progress.

· Coordinate with procurement, planning, and finance departments to ensure full alignment between cost commitments, procurement packages, and accounting systems.

· Supervise the preparation of consolidated corporate cost dashboards and executive summaries for management review.

· Lead post-project cost reviews to analyze cost performance, identify variances, and feed lessons learned into future budgeting and estimation processes.

· Develop KPIs for cost control teams and establish measurable performance indicators for cost predictability, reporting accuracy, and control effectiveness.

· Support management in strategic financial decision-making by providing reliable cost intelligence, scenario analysis, and forecasting accuracy reports.

Requirements:

• Bachelor's degree in Quantity Surveying, Civil Engineering, Construction Management, Finance, or a related field. A Master's degree (e.g., MBA, MSc) or professional certification (e.g., RICS, CCE, PSP, EVP) is highly preferred.
• Minimum of 18+ years of progressive experience in cost management, project controls, or quantity surveying within the building contracting or construction industry.
• At least 4-7 years must be in a senior leadership or director-level role overseeing a team and a portfolio of projects.
• Expert knowledge of Earned Value Management (EVM), cost forecasting (EAC, ETC), and change management processes. High proficiency with industry-standard software such as Oracle Primavera P6, SAP ERP, Oracle Unifier, CMiC, or similar.

Job Type: Full-time