cost engineer

Falcon Multi Services Ltd

A Lead Cost Engineer is responsible for leading cost management activities on projects, including budgeting, cost tracking, forecasting, and variance analysis. They also play a key role in risk management, process improvement, and ensuring compliance with financial regulations. This role often involves mentoring junior staff and collaborating with various teams to ensure accurate cost controlKey Responsibilities:<ul><li>Project Budgeting and Forecasting: Developing and maintaining project budgets, forecasting costs, and analyzing variances.</li><li>Cost Tracking and Control: Implementing and monitoring cost control systems, tracking actual costs against estimates, and identifying cost trends.</li><li>Risk Management: Identifying potential cost risks and developing mitigation strategies.</li><li>Process Improvement: Identifying opportunities to improve cost efficiency and implementing process improvements.</li><li>Compliance: Ensuring compliance with financial regulations and company policies.</li><li>Team Leadership: Providing guidance and mentorship to junior cost engineers, and leading cost management activities.</li><li>Stakeholder Communication: Communicating cost-related information to project managers, clients, and other stakeholders.</li><li>Technical Expertise: Applying cost engineering principles and techniques to various projects.</li><li>System Implementation and Management: Implementing and managing cost management systems and tools.</li><li>Training and Development: Providing training and support to team members on cost management processes and tools.</li></ul>Skills and Qualifications:<ul><li>Strong understanding of cost engineering principles and practices.</li><li>Proficiency in cost management software and tools.</li><li>Excellent analytical and problem-solving skills.</li><li>Strong communication and interpersonal skills.</li><li>Ability to lead and mentor a team.</li><li>Experience in project management and risk management.</li><li>Bachelor's degree in engineering, construction management, or a related field.</li></ul>Job Types: Full-time, Permanent

Lead cost Engineer

Belcare

A Cost Control Engineer / Quantity Surveyor is a construction industry professional responsible for managing project costs and ensuring budgets are adhered to. Here are their key responsibilities:1. Budget Preparation and Management: Develop and maintain project budgets, collaborate with estimators and project managers, and review cost estimates.2. Cost Monitoring and Reporting: Track expenditures, prepare cost reports, identify cost variances, and recommend corrective actions.3. Cost Analysis: Analyze cost trends, conduct cost-benefit analyses, and evaluate financial impacts of project changes.4. Valuations and Payments: Prepare valuations and progress payments, to follow and get the certification for completed work from the client, and ensure payments align with contract terms.5. Value Engineering: Identify cost-saving opportunities, recommend alternative solutions, and work with the design team.6. Financial Documentation: Maintain accurate financial records and prepare documentation for audits.7. Project Planning and Scheduling: Integrate cost control processes into project schedules.8. Risk Management: Identify financial risks, develop mitigation strategies, and monitor their effectiveness.9. Communication: Communicate cost status and issues to the project team and provide training.10. Continuous Improvement: Improve cost control processes and stay updated with industry standards.11. Software and Tools Management: Use cost management software, ensure data accuracy, and train team members.12. Compliance and Quality Assurance: Ensure compliance with policies and standards, and participate in quality assurance activities.13. Final Accounts and Closeout: Prepare and agree on final accounts and handle post-completion reviews.14. Dispute Resolution: Address financial disputes and provide expert advice for settlements and legal proceedings.15. Client and Stakeholder Communication: Maintain effective communication with all stakeholders and present financial updates.Nationality: AnyAge: Below 38Experience: GCC 3-5yrsMust have a UAE Driving LicenseQualification: Bachelors degree in CIVIL/MECHANICAL/ ELECTRICAL Engineering.Job Types: Full-time, PermanentEducation:<ul><li>Bachelor's (Preferred)</li></ul>Experience:<ul><li>Cost Control Engineer/ Quantity Surveyor: 3 years (Preferred)</li></ul>

Cost Control Engineer

AstraG

<div>
 
 We are seeking a detail-oriented and experienced
 
 Cost Control Engineer
 
 to join our General Headquarters in Ankara. If you are passionate about cost management in large-scale infrastructure projects, we&rsquo;d love to meet you!
 
 
 
 
 
 
 Key Qualifications
 
 
 
 ✅ Bachelor&rsquo;s degree in
 
 Electrical-Electronics Engineering
 
 
 
 ✅ Experience in the
 
 railway signalling systems sector
 
 is a plus
 
 
 ✅ Minimum
 
 3 years of experience in Cost Control
 
 
 
 ✅ Proficient in
 
 Primavera P6, ERP systems, and MS Office
 
 (advanced level)
 
 
 ✅
 
 Fluent in English
 
 (both written and spoken)
 
 
 ✅ Strong
 
 project management, communication, and organizational skills
 
 
 
 
 
 
 
 What You&rsquo;ll Do
 
 
 <ul>
 <li>
 Monitor and manage project costs in line with approved budgets,
 </li>
 <li>
 Prepare cost analyses, forecasts, and financial progress reports,
 </li>
 <li>
 Collaborate with project managers and related departments to ensure cost efficiency,
 </li>
 <li>
 Use Primavera P6 and ERP tools to track and control cost data,
 </li>
 <li>
 Contribute to decision-making processes with timely and accurate financial insights.
 </li>
 </ul>
 
 
</div>

Albawani | البواني

<div>
 
 
 Al Bawani Construction.
 
 
 
 
 
 
 
 With three decades of contracting experience, Al Bawani Construction is proud to hold a Class-1 rating &ndash; this is the highest ranking in the Saudi turnkey-project classification system. The company is also ISO9001:2015 certified for its Quality Management System.
 
 
 
 
 
 
 
 Job Title: Cost Control Engineer
 
 
 
 
 
 
 
 Main roles and responsibilities:
 
 
 <ul>
 <li>
 Responsible for the implementation of Cost Control Department-related policies and procedures.
 </li>
 <li>
 Controlling and monitoring the project total expenditure, including verifying and checking the invoices and claims from suppliers, vendors, and subcontractors to ensure that all project expenditures are captured and properly recorded.
 </li>
 <li>
 Following up &amp; coordinating with the budgeting department for any update on the approved budget.
 </li>
 <li>
 Coordinating with budgeting departments to establish the proper coding of all activity items.
 </li>
 <li>
 Following up on the uploading of the project budget in 5 categories and the related data in the ERP system.
 </li>
 <li>
 Following up on the daily cost data required for the cost entries in the ERP system.
 </li>
 <li>
 Preparing and reviewing data required for the cost report, Materials, Manpower, Equipment, Sub-cont., uncategorized cost and Indirect cost.
 </li>
 <li>
 Monitoring on daily basis all forms of cost control data which are applied on sites.
 </li>
 <li>
 Following up any issued variation orders or new additional items to create them in the ERP system.
 </li>
 <li>
 Analyzing the actual cost data to confirm it is matching the activities done on-site.
 </li>
 <li>
 Advising the Senior Cost Control Engineer of any potential cost overrun.
 </li>
 <li>
 Advising the Senior Cost Control Engineer of the cost negative Variance when they occur.
 </li>
 <li>
 Calculating the Earned Value (depending on the Actual Progress on Site) and comparing it with its actual cost.
 </li>
 <li>
 Calculating the Forecast Cost at completion &amp; Cost variance at completion under supervision of the Senior Cost Control Engineer.
 </li>
 </ul>
 
 
 
 
 
 
 Education and Experience:
 
 
 <ul>
 <li>
 Bachelor&rsquo;s degree in engineering, Quantity Surveying or other relevant disciplines
 </li>
 <li>
 Minimum Experience 5+ years in Cost Control.
 </li>
 <li>
 Experience in Mixed use Projects.
 </li>
 <li>
 Candidate must be proficient with the procedure, project control software, and should be familiar with the scheduling process.
 </li>
 <li>
 Excellent English Language Skills.
 </li>
 <li>
 Reasonable knowledge of construction projects Cost management software and MS Office Software.
 </li>
 </ul>
 
 
 
 
 
 Benefits
 
 
 <ul>
 <li>
 Competitive salary and comprehensive benefits package
 </li>
 <li>
 Opportunities for professional development and growth
 </li>
 <li>
 Collaborative and innovative work environment
 </li>
 </ul>
 
 
</div>

UCC Holding

<div>
 
 
 
 Job Summary
 
 
 
 <ul>
 <li>
 The Cost Control Engineer coordinates in all aspects of the cost capturing, monitoring and forecasting effort for their assigned project with proper documentation. Ensures in delivering the complete suite of cost-control services and financial support for projects. This position maintains the project cost information, and with the Project Controls Lead shall oversee variations and revisions to existing budgets.
 </li>
 </ul>
 
 
 
 
 
 
 Job Responsibilities 1
 
 
 
 <ul>
 <li>
 Monitor, control and report on projects in terms of cost history and forecast
 </li>
 <li>
 Maintain planned and actual cost and commitment schedules.
 </li>
 <li>
 Maintain internal labor and project costs to allocated budget.
 </li>
 <li>
 Create Budget Transfer Requests as directed by the project teams
 </li>
 <li>
 Implement approved departmental policies and procedures and ensures adherence with the processes implemented so that work is carried out in a controlled manner.
 </li>
 <li>
 Receive no more than 5 non-compliances per month and ensure there resolution 100% within 10 days
 </li>
 <li>
 Manage cost control on site and be able to complete and confirm all works within budget.
 </li>
 <li>
 Monitor daily operations assigned for the cost control to ensure compliance with the established standards
 </li>
 <li>
 and procedures.
 </li>
 <li>
 Process and Approve MR, PO, S/C Agreement, PC, SRV, SIV within 10 Working Hrs. of their creation.
 </li>
 <li>
 Develops cost structures for all activities, ensuring the agreement with the allocated budgets, plans and
 </li>
 <li>
 accurately assigning costs to designated items to provide better means for controlling day-to-day activities.
 </li>
 <li>
 Daily verifications of the cost allocation of transaction to cost codes and reallocating as needed within 10
 </li>
 <li>
 working Hrs. of the entry time.
 </li>
 <li>
 Visits the Sites at least once weekly to verify the progress measurements
 </li>
 <li>
 Uploads the verified BCWP into the ERP System no later than 1 days after the Cut of Date
 </li>
 <li>
 Maintains internal labor and project costs to allocated budget and flag deviations to project management.
 </li>
 <li>
 Be able to reflect the workforce Productivity report and Man-hour trends and include in MJCR
 </li>
 <li>
 Perform cost analysis and advises management on cost over-runs. Work with computerized databases to
 </li>
 <li>
 manage deviations and minimize costs.
 </li>
 <li>
 Produce the Weekly Job Cost Report within 3 Days from the end of the week
 </li>
 </ul>
 
 
 
 
 
 
 Job Responsibilities 2
 
 
 
 
 Assist in the Production of the Monthly Job Cost Report and achieve it within 15 days from the end of the
 
 
 Monitor and review accounts to ensure timely invoicing is done in an efficient manner.
 
 
 Review submitted client invoices and studies the variance from realistic values by producing Over/Under
 
 
 Invoicing calculations within 3 days from the end of the month
 
 
 Observe with all relevant safety, quality, health and environmental procedures to ensure a healthy and safe
 
 
 work environment.
 
 
 Receive no more than 1 nacres per month across all projects, related to QA or HSE.
 
 
 Create Budget Transfer Requests as directed by the project teams and provide feedback on alternative
 
 
 methods of construction
 
 
 Provide accurate calculations of budget transfer and achieve no more than 10% correction at final
 
 
 approval stage
 
 
 
 
 
 
 
 Job Knowledge &amp; Skills
 
 
 
 
 Knowledge of cost control packages such as CCS (Candy) will be a distinct advantage
 
 
 Knowledge in the use of MS Project, Primavera Scheduling
 
 
 Knowledge in project cost planning, scheduling and reporting
 
 
 Knowledge on Quality Management System
 
 
 ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
 
 
 
 
 Job Experience
 
 
 
 
 Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plus
 
 
 
 
 
 
 
 Education
 
 
 
 <ul>
 <li>
 Professional degree in MMUP Engineer Registration (UPDA)
 </li>
 <li>
 Bachelor's Degree in Civil Engineering or Engineering
 </li>
 </ul>
 
 
</div>

Future Towers Contracting

Cost Control Engineer (Civil Construction)For planning, analysing, and managing the financial aspects of a company&rsquo;s operations, particularly focusing on cost efficiency and budgetDuties and Responsibilities<ul><li>Project costing (Live)</li><li>Well verse in project programming (Example &ndash; Primavera)</li><li>Coordination with engineering and finance for costing</li><li>Monitor and control project and operational costs to ensure budget compliance</li><li>Prepare, review, and analyse cost reports, budgets, and forecasts</li><li>Assist in the development of financial models and cost estimation tools</li><li>Identify cost variances and suggest corrective actions</li><li>Collaborate with procurement and project teams to track spending and validate cost allocations</li><li>Maintain cost databases and ensure accurate and timely data entry</li><li>Prepare monthly, quarterly, and annual cost analysis reports</li><li>Review contracts, purchase orders, and invoices to validate cost accuracy</li><li>Assist in setting up cost control procedures for new projects</li></ul>Qualifications<ul><li>Bachelor&rsquo;s degree in engineering</li><li>3+ years of Gulf experience in cost control, budgeting, or financial analysis</li><li>Strong understanding of cost control principles, financial reporting, and accounting practices</li><li>Proficiency in ERP systems and MS Excel</li><li>Excellent analytical, organizational, and communication skills</li><li>Detail-oriented with the ability to handle multiple projects and deadlines</li><li>Preferably with experience in construction company</li></ul>Job Type: Full-timePay: From AED5,000.00 per monthExperience:<ul><li>Cost Control Engineer in UAE/Dubai: 3 years (Required)</li></ul>

Cost Control Engineer (CIVIL)

Ohana Developments

Position Title: Junior Cost Control Engineer Department: Project Controls / Cost Control Industry: Contracting &ndash; ConstructionJob Purpose:Assist in monitoring, tracking, and controlling project costs to ensure they remain within the approved budget. Support senior cost control staff in cost reporting, forecasting, and variance analysis for construction projects.Key Responsibilities:1. Cost Monitoring &amp; Tracking<ul><li>Assist in monitoring project expenditures against approved budgets.</li><li>Track actual costs vs. committed costs for labor, materials, subcontractors, and equipment.</li><li>Ensure all costs are properly recorded in the cost control system.</li></ul>2. Budget &amp; Forecast Support<ul><li>Support in preparing and updating project cost budgets.</li><li>Assist in preparing monthly cost forecasts based on project progress and changes.</li><li>Provide input for budget revisions following approved change orders.</li></ul>3. Reporting &amp; Documentation<ul><li>Prepare periodic cost control reports for internal and client review.</li><li>Maintain cost-related records, logs, and documentation for audits and reference.</li><li>Support in developing cash flow projections and earned value analysis (EVA) reports.</li></ul>4. Variance Analysis<ul><li>Identify and report cost deviations from the budget.</li><li>Assist in analyzing the reasons for cost variances and suggest corrective actions.</li></ul>5. Coordination &amp; Communication<ul><li>Work closely with project managers, procurement, planning, and finance teams to gather cost data.</li><li>Coordinate with site teams for updates on material usage, work progress, and resource deployment.</li></ul>6. Compliance &amp; Procedures<ul><li>Ensure cost control activities follow company policies and procedures.</li><li>Assist in implementing best practices for cost management.</li></ul>Qualifications &amp; Skills:<ul><li>Education: Bachelor&rsquo;s degree in Civil Engineering, Construction Management, or related field.</li><li>Experience: 3 to 5 years&rsquo; experience in cost control or project controls in construction/contracting.</li><li>Technical Skills:</li><li>Basic knowledge of cost control processes and construction project lifecycles.</li><li>Proficiency in MS Excel (advanced formulas, pivot tables) and basic understanding of cost control software (e.g., Primavera, ERP systems).</li><li>Understanding of BOQ, contracts, and payment applications.</li><li>Soft Skills:</li><li>Strong analytical and numerical skills.</li><li>Detail-oriented and organized.</li><li>Good communication and teamwork skills.</li></ul>Key Performance Indicators (KPIs):<ul><li>Accuracy of cost reporting and forecasting.</li><li>Timeliness of cost data submission.</li><li>Reduction in cost variances through early detection and action.</li></ul>Job Type: Full-timeEducation:<ul><li>Diploma (Required)</li></ul>Experience:<ul><li>Cost control engineer : 3 years (Required)</li></ul>Location:<ul><li>Abu Dhabi (Required)</li></ul>

Junior Cost Control Engineer

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