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Cost Control Manager

3 weeks ago

Ajman, United Arab Emirates Lootah Group of Companies Full time

**Main Duty**:
Track, analyse, and control costs associated with a project. This will entail forecasting expenditures, planning budgets, classifying costs by type, tracking man-hours allocated to a project, verifying supplier invoices, and managing change events that impact the budget.

**Tasks and Responsibilities**:

- Manage projects budgets
- Preparation of a Budgeting and Cost Management Plan
- Preparation of a Budget Estimate and updates thereof for approval by the Client of construction costs.
- Monitor projected expenditure against allowances made in the approved Budget Estimate and escalate red flags.
- Preparation and submission of Project cash flow forecasts and monthly updates thereof at the completion of each design and tender documentation stage
- Provide cost advice during the final development of the design, including cost comparisons reviews of alternative design or construction solutions.
- Follow up of all contractual issues and monitor their cost impact.

**Requirements and skills**:

- Bachelor’s degree in a related field
- Minimum of 5 years experience in a similar managerial position
- Strategic orientation
- Strong analytic and numerical skills
- UAE experience in construction field is a MUST
- Proficient with industry-standard cost management
- Excellent command of English
- Willingness to commute/relocate to job location

Ability to commute/relocate:

- Ajman: Reliably commute or planning to relocate before starting work (required)