Senior Manager – Cost Management - Dubai Holding Land Estates

About Dubai Holding Land Estates:

Dubai Holding Land Estates oversees a diverse land portfolio strategically located across Dubai’s most sought-after areas. With convenient access to major highways, nearby amenities, and flexible land use options, investors are presented with unique opportunities for development and growth.

Through the centralization of Dubai Holding’s land bank, Dubai Holding Land Estates focuses on large-scale master plans, ensuring alignment with the Dubai 2040 Urban Master Plan, whilst also supporting the business’s commitment to sustainable urban development and strategic land portfolio management.

Job Purpose :

The role is responsible for monitoring and managing project costs, analyzing budget variances, and implementing strategies to ensure projects are completed within budgetary constraints. These tasks will include cost planning and estimating, advising on procurement strategies, value engineering, tender documents review, analysis, negotiations and recommendations, Contract reviews, interim valuations and payment certificates, variations analysis, recommendations and management (contractors / consultants), costs analysis with PMC and cost consultants. Identifying, analyzing and developing responses to commercial risks.

Key Accountabilities :

• Develop and implement cost control procedures and systems to monitor project budgets and expenditures with project management companies and cost consultants for assigned projects.
• Monitor project costs throughout the project lifecycle, identifying budget variances and analyzing their impact on project profitability.
• Prepare accurate and timely financial reports, including cost forecasts, budget summaries, and variance analyses.
• Collaborate with project managers, cost consultants, finance teams, and stakeholders to establish budgetary goals and objectives.
• Manage the preparation of detailed cost estimation and analysis for projects, including materials, rates, labor, equipment, and other related expenses.
• Identify cost-saving opportunities, conduct regular reviews and compare across project stages (concept, schematic, detailed design, tender etc) and recommend strategies to minimize expenses without compromising project quality or scope.
• Conduct regular audits and reviews to ensure adherence to cost control procedures and compliance with financial regulations.
• Collaborate with procurement and vendor management teams to negotiate favorable contracts and pricing terms.
• Provide financial insights and recommendations to project teams, helping to optimize resource allocation and drive cost efficiencies.

Qualifications, Experiences, Skills :

• Bachelor’s degree in Civil Engineering or equivalent RICS certification preferred.
• Minimum 10 years' experience in Infrastructure projects in UAE.
• 5 years of Pre & Post contract experience within an International Consultancy/Developer.
• UAE experience a must
• Tendering, Procurement, Cost Analysis, Financial Budget Report, etc.
• Reporting and analysis
• Advanced Skills in Excel
• Experience in reporting and software tools.
• Experience in working on large master plan communities a must.
• Strong budgeting skills

About the Benefits:

At Dubai Holding, we're committed to nurturing the success and well-being of our colleagues. Join our dynamic and diverse team, and enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.