Cost Control Specialist

1 day ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Ali & Sons Contracting LLC Full time

**Job Summary:**

A highly motivated and organized Financial Project Coordinator is required to assist in the preparation of project budgets, monitor expenditure, and report any issues or concerns to the Planning & Cost Control Director.

Key Responsibilities:

  1. Prepare project budgets based on Work Breakdown Structures, categorizing costs by Labor, Materials, Subcontractor, and Equipment, and allocating cost codes for both Indirect and Direct Costs.
  2. Monitor and forecast expenditure, reviewing invoices and claims from suppliers, vendors, and subcontractors to ensure accurate recording of all project expenses.
  3. Identify and report any potential problems or discrepancies to the Planning & Cost Control Director, providing constructive recommendations for resolution.
  4. Conduct thorough Cost Performance Analysis to optimize resource allocation and minimize waste.
  5. Collaborate with management to refine and improve the Cost Control process, ensuring compliance with established procedures.
  6. Develop and maintain an efficient document storage system, accessible at all times, containing essential project materials such as agreements, logs, correspondences, calculations, and budgets.
  7. Effectively implement and support SAP initiatives, driving process improvements and digital transformation within the organization.


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