Cost Control Expert

5 days ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Segula Technologies Full time
Job Summary:

This is an exciting opportunity to join our team as a Pipeline Construction Cost Manager and play a key role in the success of a major Oil & Gas project in Abu Dhabi. We are seeking an experienced professional who can develop and implement effective cost control systems, monitor project costs, and provide accurate financial forecasts.

About the Project:

The project involves the construction of a major oil pipeline in Abu Dhabi, requiring careful planning and management to ensure timely completion within budget. As a Pipeline Construction Cost Manager, you will work closely with our project management team to develop and implement cost control systems, monitor project expenditures, and prepare detailed budgets and cost reports.

Your Responsibilities:

  • Develop and implement cost control systems and procedures for the project.
  • Monitor project expenditures, commitments, and actual costs to ensure alignment with approved plans.
  • Prepare and manage detailed project budgets, cost reports, and cash flow forecasts.
  • Conduct cost variance analysis and provide recommendations for cost-saving measures.
  • Collaborate with project management, engineering, procurement, and construction teams to ensure cost alignment across all project phases.
  • Ensure compliance with contractual terms and project-specific financial requirements.
  • Support the preparation of monthly and periodic cost control reports for internal and external stakeholders.
  • Evaluate cost impacts of changes, claims, and variations and provide recommendations for approval.
  • Manage contractor and subcontractor cost reporting, ensuring accuracy and consistency with the project's cost control requirements.
  • Assist in the preparation of cost-related data for project progress meetings and presentations.
  • Provide mentoring and support to junior cost engineers, fostering a culture of accuracy and accountability.

Requirements:

  • Bachelor's degree in Engineering, Finance, or a related field.
  • At least 10-15 years of experience in cost control, with a focus on Oil & Gas pipeline construction projects.
  • Prior experience in a Project Management Company (PMC) environment is highly desirable.
  • Proficiency in cost control tools and software (e.g., SAP, Primavera P6, MS Excel).
  • Strong analytical and problem-solving skills, with attention to detail.
  • Excellent understanding of cost control principles, budgeting, and forecasting methodologies.
  • Ability to communicate complex financial data effectively to stakeholders.
  • Strong organizational and multitasking abilities in a fast-paced environment.


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