Cost Control Expert

2 days ago


Dubai, Dubai, United Arab Emirates Omanyp Full time

Omanyp is one of the largest construction companies in the region, working on major projects across various sectors.

Job Description:
  1. We are seeking a highly skilled Senior Cost Control Engineer to join our team. The successful candidate will be responsible for implementing management-specific policies and procedures, as well as assisting in planning, monitoring, analysis, and controlling project costs.
  2. The ideal candidate will have experience in developing project cost control plans, procedures, systems, and tools used to determine potential cost scope, project schedule, and reporting.
  3. We require the candidate to assist in all requests for changes in established total cost and impact on schedule.

The Senior Cost Control Engineer will adhere to approved plans for each project to ensure compliance with costs and performance for agreed-upon scope of work in all project functions.

Responsibilities:
  1. Making regular project-related reports on cost control.
  2. Monitoring fixed and variable costs.
  3. Reviewing direct and indirect cost items and identifying cost centres for each project.
  4. Allocating each project to its respective cost centre.
  5. Contributing to the process of preparing monthly and annual cost forecasts.
  6. Assisting in identifying and analysing deviations from the project budget, their causes, risk analysis, and raising necessary reports.
  7. Suggesting corrective and preventive actions.
  8. Coordinating with project managers regarding schedules, claims, and work items.
  9. Studying the impact on direct and indirect expenses.
  10. Preparing and updating the cost control management database.
  11. Preparing monthly cost accounting and forecasting reports.
  12. Ensuring timely submission of reports.
  13. Providing support to line manager and performing any other functions within competence.

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