Cost Control Engineer

1 week ago

Sharjah, Sharjah, United Arab Emirates Petrofac Emirates Full time
Roles and responsibilities
  • Establish a process forinformation flow regarding each expense head, including designheads, equipment/material procurement, logistics costs,mobilization and demobilization of personnel/machinery,subcontractor costs/claims, and other relevant costs such ascustoms, duties, liabilities, andinsurance.
  • Provide assigned project costestimates, including material, manpower, equipment/material costs,subcontracts, third-party services, and financial costs,etc.
  • Coordinate with project engineers toclarify any queries or discrepancies.
  • Determinethe "Estimate to Complete" (ETC) cost for theremaining works and coordinate with different disciplines to gatherETC data.
  • Prepare periodic reports on thestatus of incurred costs and variations between budgeted vs. actualcosts, in consultation with the supervisor/ProjectManager.
  • Monitor costs, generate variancereports as needed, and forward them to the Supervisor/ProjectManager for review.
  • Assess potentialvariations/claims from subcontractors andvendors.
  • Participate in project reviewmeetings, if required, and provide cost-related data asneeded.
  • Interface with project engineers andAccounts to provide clarifications and assistance asrequired.
  • Propose new suggestions andcontinuously improve and update the processes for effective costcontrol.
  • Develop a historical cost database forprojects to aid future reference.
  • Providetraining and guidance to new or junior Cost Controlpersonnel.

EssentialQualifications And Skills

  • Bachelor's degree inengineering.
  • Minimum of 15 years ofprofessional experience, including:
    • At least 5years in the cost control function of EPC mediumprojects.
    • Preferably the last 2 years in thecost control function within the Oil & Gassector.
Desired candidate profile

  • Cost Estimation andBudgeting:

    • Develop andmanage cost estimates for projects from the initial planning phasethrough completion. This includes calculating material, labor,equipment, and overhead costs.
    • Collaborate withproject managers and engineers to prepare detailed budgets forengineering projects, ensuring alignment with financial goals andproject objectives.
    • Monitor and review projectbudgets throughout the life cycle of the project, adjustingforecasts as necessary to reflect changes in scope or unforeseencosts.

  • CostControl and FinancialMonitoring:

    • Track andanalyze actual costs against budgets, identifying discrepancies andproposing corrective actions to avoid budgetoverruns.
    • Use cost control software andfinancial systems to provide real-time monitoring and reporting ofproject costs and financialperformance.
    • Conduct regular financial reviewsand audits to ensure compliance with budget, financial policies,and procurementguidelines.

  • RiskManagement:

    • Identifypotential financial risks and uncertainties that could impact theproject budget and timeline, and develop strategies to mitigatethose risks.
    • Assist in developing contingencyplans to account for unforeseen expenses or changes inscope.

  • CostReporting andDocumentation:

    • Preparedetailed cost reports, financial analysis, and progress updates forsenior management, stakeholders, andclients.
    • Ensure proper documentation ofcost-related data, including invoices, procurement records, andchange orders, to maintain transparency andaccountability.

  • Forecastingand VarianceAnalysis:

    • Produce costforecasts based on project progress, identifying potential costoverruns or savings and providing early warning tostakeholders.
    • Perform variance analysis tocompare actual costs against forecasts and identify areas forimprovement or correctiveactions.

  • Collaborationand StakeholderCommunication:

    • Workclosely with project managers, procurement teams, contractors, andother stakeholders to understand cost drivers, negotiate prices,and ensure alignment on costexpectations.
    • Provide cost-related advice andrecommendations to senior leadership, helping them make informeddecisions about resource allocation, scheduling, and riskmanagement.

  • ContractManagement and ChangeOrders:

    • Oversee andmanage cost implications related to contract management, includingreviewing and analyzing contract terms, change orders, andclaims.
    • Ensure that change orders are properlydocumented and that the associated costs are integrated into theoverall projectbudget.
Key Skills
Cost Control,CostPlanning,Engineering Mathematics
EmploymentType : Full-time
Department /Functional Area: Engineering
Experience: years
Gender: Male
Vacancy: 1

  • Cost Control Engineer

    3 weeks ago

    Sharjah, Sharjah, United Arab Emirates Petrofac Emirates Full time

    Roles and responsibilitiesEstablish a process forinformation flow regarding each expense head, including designheads, equipment/material procurement, logistics costs,mobilization and demobilization of personnel/machinery,subcontractor costs/claims, and other relevant costs such ascustoms, duties, liabilities, andinsurance.Provide assigned project...

  • Civil Cost Control Engineer

    2 days ago

    Sharjah, Sharjah, United Arab Emirates Asia General Contracting Company Full time

    Transform tender estimates into detailed project budgets using the CCS Candy software and CSI coding system. Monitor quantities and costs daily, ensuring adherence to the approved budget and cost control policies for all project requisitions and expenses. Manage variation orders by integrating approved changes into the project budget. Prepare and check...

  • Cost Controller

    3 weeks ago

    Sharjah, Sharjah, United Arab Emirates The Team Builders Full time

    Our client is a hospitality company based insharjah hiring cost controller.What will youdoDevelopand maintain a system of financial internalcontrolsManage closing of books andpreparation of Cost Control Reports as companystandardsAnalyze and interpret financialreports identify trends and make recommendations wherenecessaryReview and evaluate efficiency...

  • Cost Controller

    1 week ago

    Sharjah, Sharjah, United Arab Emirates The Team Builders Full time

    Our client is a hospitality company based insharjah hiring cost controller.What will youdoDevelopand maintain a system of financial internalcontrolsManage closing of books andpreparation of Cost Control Reports as companystandardsAnalyze and interpret financialreports identify trends and make recommendations wherenecessaryReview and evaluate efficiency...

  • Planning Cost Control Engineer

    3 weeks ago

    Sharjah, Sharjah, United Arab Emirates Black Pearl Consult Full time

    One of theleading structure steel companies delivering steel design anddetailing services for building & industrialconstructions. The Planning or Cost ControlEngineer is responsible for functions of projects including receiptof drawing packages & requisitions organizing &updating of planning database primarily develop implement andmaintain cost control...

  • t Cost Controller

    1 week ago

    Sharjah, Sharjah, United Arab Emirates WATER SEAL INSULATION CONT.CO Full time

    Job Responsibilities Assist in the preparation and monitoring of project budgets and forecasts, ensuring accuracy and compliance with company policies. Collaborate with project managers and stakeholders to track project costs, analyze variances, and identify areas for cost optimization. Maintain detailed records of project expenses, invoices, and financial...

  • t Cost Controller

    1 week ago

    Sharjah, Sharjah, United Arab Emirates WATER SEAL INSULATION CONT.CO Full time

    Assist in the preparation andmonitoring of project budgets and forecasts, ensuring accuracy andcompliance with company policies.Collaboratewith project managers and stakeholders to track project costs,analyze variances, and identify areas for costoptimization.Maintain detailed records ofproject expenses, invoices, and financial transactions,...

  • t Cost Controller

    6 days ago

    Sharjah, Sharjah, United Arab Emirates WATER SEAL INSULATION CONT.CO Full time

    Assist in the preparation andmonitoring of project budgets and forecasts, ensuring accuracy andcompliance with company policies. Collaboratewith project managers and stakeholders to track project costs,analyze variances, and identify areas for costoptimization. Maintain detailed records ofproject expenses, invoices, and financial transactions,...

  • t Cost Controller

    3 weeks ago

    Sharjah, Sharjah, United Arab Emirates WATER SEAL INSULATION CONT.CO Full time

    Assist in the preparation andmonitoring of project budgets and forecasts, ensuring accuracy andcompliance with company policies.Collaboratewith project managers and stakeholders to track project costs,analyze variances, and identify areas for costoptimization.Maintain detailed records ofproject expenses, invoices, and financial transactions,...

  • Planning & Cost Control Engineer

    3 weeks ago

    Sharjah, Sharjah, United Arab Emirates ML Manpower LLC - O.P.C Full time

    Ensure the development of the project schedule according to the commercial needs.Verify feasibility and criticality.Participate in the commercial risk management activities.Ensure the implementation of the Planning and Progress Control System required by the contract complexity, riskiness, and duration, in compliance with the Project Breakdown Structure,...

  • Process Control Engineer

    1 week ago

    Sharjah, Sharjah, United Arab Emirates Client of Matcha Talent Full time

    Responsibilities:Performingquality assurance on existing manufacturingprocesses.Identifying areas that need processcontrol optimization.Evaluating the efficiencyof manufacturing technologies, instruments, equipment, andtools.Driving process control innovation incollaboration with seniormanagers.Recommending suitable softwaresolutions and automating...

  • Process Control Engineer

    3 days ago

    Sharjah, Sharjah, United Arab Emirates Client of Matcha Talent Full time

    Responsibilities: Performingquality assurance on existing manufacturingprocesses. Identifying areas that need processcontrol optimization. Evaluating the efficiencyof manufacturing technologies, instruments, equipment, andtools. Driving process control innovation incollaboration with seniormanagers. Recommending suitable softwaresolutions and automating...

  • Process Control Engineer

    3 weeks ago

    Sharjah, Sharjah, United Arab Emirates Client of Matcha Talent Full time

    Responsibilities:Performingquality assurance on existing manufacturingprocesses.Identifying areas that need processcontrol optimization.Evaluating the efficiencyof manufacturing technologies, instruments, equipment, andtools.Driving process control innovation incollaboration with seniormanagers.Recommending suitable softwaresolutions and automating...

  • Cost Management Professional

    4 days ago

    Sharjah, Sharjah, United Arab Emirates Charterhouse Partnership Careers Full time

    Charterhouse Partnership Careers is seeking a highly skilled Cost Management Professional to join our team.Responsibilities:The successful candidate will be responsible for managing project costs.They will work closely with clients to identify project requirements and develop customized solutions.Our professionals utilize specialized software to calculate...

  • Project Cost Analyst

    4 days ago

    Sharjah, Sharjah, United Arab Emirates Charterhouse Partnership Careers Full time

    We are seeking an experienced Project Cost Analyst to join our team at Charterhouse Partnership Careers.Job Description:The successful candidate will be responsible for analyzing project data to determine accurate cost estimates.They will work closely with clients to identify project requirements and develop customized solutions.Our analysts utilize...

  • Senior Instrumentation and Control Engineer

    14 hours ago

    Sharjah, Sharjah, United Arab Emirates 坯潤 Full time

    We are a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We are currently seeking a highly skilled Senior Instrumentation and Control Engineer to join our team in the UAE.About the JobWe are looking for a professional with a strong background in instrumentation and control...

  • Quality Control Engineer

    3 weeks ago

    Sharjah, Sharjah, United Arab Emirates al hamad group of companies Full time

    Responsibilities:Developing andimplementing quality standards.Developing andimplementing quality controlsystems.Monitoring and analyzing qualityperformance.Inspecting and testing materials,equipment, processes, and products to ensure quality specificationsare met.Collaborating with operations managersto develop and implement controls andimprovements.Ensuring...

  • Senior Electrical Control Systems Specialist

    5 days ago

    Sharjah, Sharjah, United Arab Emirates AHI Carrier Full time

    About the Role:We are looking for a seasoned Senior Electrical Control Systems Specialist to lead our electrical control systems design team. In this role, you will be responsible for designing and implementing electrical control systems that meet the highest standards of quality and safety.Key Responsibilities:Design and develop detailed specifications for...

  • Inventory Controller

    3 weeks ago

    Sharjah, Sharjah, United Arab Emirates Shams al Sahil electronics ltd Full time

    Track stock levels& minimize costs. Optimize inventory control procedures for maximum efficiency.Conduct regular audits and reconcile discrepancies.Use inventory management software to track inventory.Strong attention to detail and organizational skills.Excellent communication and interpersonal abilities.Ability to work effectively in a fast-paced...

  • Furniture Manufacturing Cost Analyst

    5 days ago

    Sharjah, Sharjah, United Arab Emirates Three Stars Foam Factory Full time

    About the CompanyThree Stars Foam Factory is a leading manufacturer of high-quality furniture products. We pride ourselves on our commitment to excellence, innovation, and customer satisfaction.We are seeking a skilled Cost Estimator to join our team, working closely with our designers, engineers, and manufacturing teams to ensure that all projects remain...