cost reduction engineer

Venco Imtiaz Contracting Co

We are hiring Cost Control Engineer with high rise building construction experience from UAE.Job Summary:Responsible for monitoring, controlling, and reporting all project costs from initiation to completion, ensuring that actual expenditures align with approved budgets and forecasts. Uses Earned Value Management (EVM) and other cost control tools to measure project performance and provide early warnings on variances. Works closely with planning, procurement, and site execution teams to maintain financial discipline and support project profitabilityKey Responsibilities:<ul><li>Establish and maintain the project cost breakdown structure aligned with the WBS for accurate cost tracking and reporting</li><li>Prepare, review, and update the project budget in coordination with project managers, planners, and quantity surveyors</li><li>Monitor and record all committed costs, actual expenditures, and remaining forecasts against the approved budget at cost code level</li><li>Implement Earned Value Management (EVM) to measure project cost and schedule performance using CPI, SPI, and variance analysis</li><li>Analyse variances between budget, earned value, and actual cost to identify potential overruns and recommend corrective actions</li><li>Review and validate subcontractor and supplier cost data, ensuring alignment with contractual terms and project scope</li><li>Coordinate with the planning engineer to integrate cost and schedule data for accurate forecasting and reporting</li><li>Track changes to the project scope through approved change orders and update cost forecasts accordingly</li><li>Monitor site productivity rates, equipment utilization, and material wastage to assess cost impacts and efficiency improvements</li><li>Prepare and issue weekly and monthly cost control reports for management and client review, including trend analysis and forecasts to completion (EAC)</li><li>Verify and reconcile site material usage against procurement records to detect variances or potential losses</li><li>Liaise with procurement to ensure purchased materials and services align with budgetary allocations and project timelines</li><li>Participate in progress meetings to present cost performance metrics and highlight financial risks or opportunities</li><li>Assist project management in claims preparation by providing accurate cost data and historical cost records</li><li>Maintain detailed cost records, invoices, and backup documentation for audits, interim valuations, and final accounts</li><li>Ensure compliance with company cost control procedures and Dubai client-specific cost reporting standards</li><li>Support finance and commercial teams during project cash flow preparation and update based on actual site progress and EVM analysis</li></ul>Qualifications and Experience:<ul><li>Bachelor&rsquo;s degree in Civil Engineering or Construction Management.</li><li>5 or more years of experience in building construction in GCC.</li><li>Proven track record of working on high-rise residential, commercial, hospitality, and mixed-use developments.</li></ul>Job Types: Full-time, PermanentApplication Question(s):<ul><li>Do you have experience to work on High Rise Buildings ?</li><li>What is your notice ?</li><li>What is your current salary?</li></ul>

Cost Control Engineer

Binghatti Holding Limited

Binghatti is hiring! Position: Cost Control Engineer Location: Dubai, UAEAbout Binghatti: Binghatti is a leading real estate developer in the UAE, known for its bold architectural concepts and commitment to quality. Our projects span across Dubai&rsquo;s most prominent communities, with a focus on delivering excellence from concept to completion.Requirements:<ul><li>Bachelor&rsquo;s degree in Civil Engineering</li><li>Minimum 5 years of UAE experience (GCC experience also considered)</li><li>Developer or contractor experience only</li><li>Solid track record in midrise and highrise projects (highrise project experience is highly valued)</li><li>Experience covering the entire project lifecycle</li><li>Strong knowledge of pre- and post-contract cost management</li></ul>Note: Candidates with minimal UAE/GCC experience will not be considered.Send your CV to: michelleann.tabian@binghatti.comJob Type: Full-timeApplication Question(s):<ul><li>What's your salary expectation for full package?</li></ul>Experience:<ul><li>cost control engineer: 5 years (Required)</li><li>highrise project: 5 years (Required)</li></ul>

Cost Control Engineer with minimum 12 years of experience in UAE in construction buildings projectsJob Type: Full-timePay: AED17,000.00 - AED20,000.00 per month

Azizi Developments

<div>
 
 We are Azizi, a leading Dubai-based developer and a passionate team of people driven by the goal of crafting beautiful homes for people living in the UAE. Our portfolio spans across Dubai&rsquo;s prime residential and commercial destinations, showcasing our commitment to transparency, customer centricity, quality, integrity and adding value through a construction-driven approach.
 
 
 With some of our exciting launches such as Burj Azizi (the second tallest tower in the world), Monaco Mansions and Azizi Venice &ndash; Dubai&rsquo;s new luxurious Venetian-inspired waterfront community, we are rapidly expanding our capabilities in our Design 360 Studio, where our team seamlessly integrate Architecture, Structures, MEP, Landscape, Interiors and Supervision to deliver a variety of innovative and value driven real estate assets.
 
 
 
 
 
 As a Cost Control Engineer you will be responsible for managing and monitoring the financial aspects of a project which includes monitoring of project expenses, budget adherence, preparing cost forecasts and ensuring that the project stays within budget. Works closely with the Department Head in developing cost analysis reports comparing Earned Value vs. Cost, on Cost Code level.
 
 
 
 
 
 Responsibilities include-
 
 <ul>
 <li>
 Support the Development Cost Planning Business Plan, using tools and implementing cost planning processes on all projects.
 </li>
 <li>
 Prepare detailed project cost plans, presenting recommendations and benchmarking at project reviews to achieve sign off Cost Planning outputs.
 </li>
 <li>
 Assess skills gap (within the regional cost planning team) and develop a plan to rectify the gap.
 </li>
 <li>
 Responsible to control and monitor project total expenditure including verifying and checking of invoices and claims from suppliers, vendors and subcontractors to ensure that all project expenditures are captured and properly recorded.
 </li>
 <li>
 Provide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing Processes, etc.
 </li>
 <li>
 Perform and manage project activity scheduling and monitoring milestone progress to the preparation of customer billing processes, etc.
 </li>
 <li>
 Perform technical and commercial review (subcontractor&rsquo;s quotations) for the preparation of Service agreements.
 </li>
 <li>
 Ensure effective project implementation and utilize productive reports from the creation of WBS (Work breakdown structure) with the use of project management system to monitor the status of all purchases, invoicing and delivery up to the closure of the project.
 </li>
 <li>
 Coordinate and work with the project management team to resolve project issues to ensure the delivery/completion of the project work.
 </li>
 <li>
 Attend project meetings and discussions with the PMT and external clients
 </li>
 <li>
 Perform project costing related reporting to the team and management&rsquo;s review on a monthly basis to ensure that expenditures are kept within the project budget.
 </li>
 <li>
 Provide cost control and planning advice to the internal PMT team as and when required.
 </li>
 </ul>
 
 
 
 
 Here's what you'll need
 
 <ul>
 <li>
 Degree In Engineering with specialization in Project Management or Cost Control related training.
 </li>
 <li>
 Must have minimum 5 Years of experience and above
 </li>
 <li>
 Knowledge in the use of Xpedion, MS Project and ERP software is highly advantageous
 </li>
 <li>
 Microsoft office, AutoCAD, Primavera
 </li>
 </ul>
</div>

Danube Groups

Job description:We are hiring a Cost Controller to support our project and finance teams by ensuring accurate cost tracking, financial discipline, and timely reporting across our civil infrastructure projects.Key Responsibilities:<ul><li>Maintain accurate records and reporting of all financial activities across assigned projects.</li><li>Ensure timely and accurate ERP approvals for materials, timesheets, subcontractor invoices, and cost-related workflows.</li><li>Prepare detailed cash flows and project operation budgets to support financial planning and performance tracking.</li><li>Monitor material consumption, manpower utilization, and subcontractor expenses to ensure costs remain within approved budgets; recommend corrective actions in case of budget deviations or cost overruns.</li><li>Oversee budget preparation, cost booking, procurement cost control, and timesheet/resource cost tracking to maintain financial discipline.</li><li>Manage and validate ERP data, support the preparation of variations and claims, and coordinate effectively with internal departments.</li><li>Review Daily Progress Reports (DPRs) and ensure timely ERP approvals for materials, timesheets, and subcontractor invoices.</li><li>Handle monthly reporting, subcontractor payments, invoice certification, and PC approvals as per company procedures.</li></ul>Requirements:<ul><li>Bachelor&rsquo;s degree in Civil Engineering is mandatory.</li><li>Minimum 3&ndash;5 years of experience in cost control or project cost management, preferably within construction or civil infrastructure projects.</li><li>Strong proficiency in ERP systems, Microsoft Excel, and financial reporting tools.</li><li>Solid understanding of cost monitoring, project financials, budgeting, and cost optimization.</li></ul>Job Types: Full-time, PermanentPay: AED5,000.00 - AED7,000.00 per month

GRAM INTERIOR DECORATION LLC

Only Interior Fit out experience candidates may apply.DM approved EngineerSkills:Able to communicate with external parties (Clients, designers, mall management etc.)Strong experience and understanding of interior d&eacute;cor, MEP works &amp; Joinery worksRole &amp; Responsibilities:PlanningClient CoordinatorSubcontractor CoordinatorSubcontractor price negotiationContribute to cost reduction activities and proper analysis of projectsDrawing AnalysisManaging Quality Assurance and Quality ControlApprovalsManage the interior fit-out works for different sites, including d&eacute;cor, MEP works &amp; Joinery worksManage site execution from mobilization to handoverInstruct and guide site supervisors for all site execution worksOrder and follow up with procurement for site material ordersJob Type: Full-timeLicense/Certification:DM approved Engineer with G+1UAE Drivers License (Required)Job Type: Full-timePay: AED4,000.00 - AED8,000.00 per monthAbility to commute/relocate:<ul><li>Dubai: Reliably commute or planning to relocate before starting work (Preferred)</li></ul>Application Question(s):<ul><li>DM approved Engineer</li></ul>Education:<ul><li>Bachelor's (Preferred)</li></ul>

Fit out Engineer

Wood PLC

<div>Wood is recruiting for a Cost Engineer to join its UAE Business Unit focusing on managing all current and future / potential cost developments for a Major Onshore Brownfield Project in Dubai, UAE.
This role is a full-time office-based role in Dubai, UAE with travel requirement.</div>
 <div>Remarkable people, trusted by clients to design and advance the world.
Wood is recruiting for a Cost Engineer to join its UAE Business Unit focusing on managing all current and future / potential cost developments for a Major Onshore Brownfield Project in Dubai, UAE.
This role is a full-time office-based role in Dubai, UAE with travel requirement.
#Wood #UAE #Dubai #Engineering 
The role
This is an exciting opportunity for an experienced Cost Engineer to join our UAE Business Unit.
Our Clients and Projects
Designing the future. Transforming the world.
Wood has been awarded an Onshore Brownfield project to support an International Client operation for delivering FEED, Detailed Design, Procurement, Construction, and Commissioning Services. This project focuses on enhancing degassing stations, optimizing flare systems, and integrating low-carbon solutions to support our client&rsquo;s energy transition and emissions reduction goals. 
What we can offer
<ul><li>Meaningful and interesting projects Delivered to high profile clients and complex projects in Iraq
</li><li>Commitment to Diversity and Inclusion ; we are an organisation actively committed to diversity and inclusion across our business with employee networks committed to giving all employees a voice
</li><li>Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
</li><li>Commitment to continued professional development; development plans that are tailored to your individual needs and interests
</li><li>Global connections : join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
</li><li>Medical Insurance: Ensures inpatient and outpatient medical care is available should you require treatment.
</li><li>Group Life and Personal Accident Insurance: The company provides Life Assurance cover
</li><li>The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
</li><li>Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years&rsquo; services of our employees at 5-year service milestones 
</li></ul>Key Objectives
The Cost Engineer shall manage all current and future / potential cost developments in support of up-to-date cost forecasts, including cost risk analysis, contingency management and reporting to facilitate informed decision making within a project/s and/ or Engineering departments. 
 
 
Key activities and accountabilities will include:
<ul><li>Establishing Project Baselines and Cost Management Framework for various Portfolio Projects as they are sanctioned.
</li><li>Develop, implement and maintain the project specific WBS (Work Breakdown Structure) and underlying CTR (Cost, Time, Resource) structure, populate with budget information and secure CTR owner sign-offs. Implementing standard CBS (Cost Breakdown Structure) and contractor processes. Contribute to establishing consistent approach to treatment of multi-currency transactions.
</li><li>Contribute to the implementation and maintenance of Cost Control Processes: Commitment planning and recording/reporting, VOWD (Value of Work Done), Cost forecasting/phasing consistent with the company procedures.
</li><li>Prepare Cost Report content and conduct budget holder reviews and publish.
</li><li>Embed the Change/Trend Management process, ensure all participants are aware of their responsibilities and the different classifications of a change/trend, and ensure that appropriate changes/trends are reflected in the regular cost forecast updates.
</li><li>Prepare forecasts and review with budget holders and project management.
</li><li>Provide early warning and value adding through reviews of the various contractor cost reports.
</li><li>Develop/Prepare reports and deliver presentations as required by the project.
</li><li>Manage/facilitate risk process with Project teams ensuring linked to cost contingency management/forecasting.
</li>Contribute to maintaining a process/system for capturing critical project data for historical reporting and benchmarking 
<li>
</li></ul>Additional Comments/Special Challenges:
<ul><li>Monetary Measures: portfolio of concurrent brownfield and greenfield projects at different phases of project lifecycle.
</li><li>Working with offices in several different locations</li></ul></div>
 <div>What makes you remarkable?
At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world&rsquo;s most critical challenges.
Expected:
<ul><li>Engineering Degree and/or Certification as a Cost Engineer or equivalent experience.
</li><li>Minimum 7 years industry experience in cost engineering, project services and/or project engineering positions.
</li><li>Excellent analytical, oral and written communication skills.
</li><li>Experience with Databases an advantage.
</li><li>Fully versed with Cost Engineering/Risk Tools.
</li><li>Project execution practical experience (e.g. engineering, controls, C&amp;P, construction).
</li><li>Proven interpersonal and relationships skills in complex environments with ability to work of diverse background.
</li>Experience in execution in remote/developing locations is an advantage. 
<li>
</li></ul>Additional comments:
<ul><li>Able to work across multiple projects largely unsupervised and deliver results within challenging deadlines and under pressure</li></ul></div>
 <div><div>Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com 
</div><div></div> 
<div>Diversity Statement
</div><div>We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.</div></div>

Cost Engineer

Explore 1374+ Cost reduction engineer in Dubai United Arab Emirates this January. Find roles across top companies and apply now to boost your career.

1374 cost reduction engineer jobs IN Dubai United Arab Emirates

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