Senior Cost Control Engineer

Innovo Group


Date: 3 weeks ago
City: Abu Dhabi
Contract type: Full time
Role Purpose

Are you an experienced Cost Control Engineer looking for a great project working with an innovative team who brings creativity, innovation, and technology to disrupt traditional construction practices? Then this could be an excellent opportunity for you!

We look forward to receiving your application for this role and speaking to you soon.

Key Accountabilities
  • You will establish and manage a cost control system in order to support the PM decision-making process and allow him to complete the project within the approved budget
  • Create a cost awareness atmosphere among the Project Management Team
  • Prepare projects budget for awarded projects based on actual costs, estimation data, and contractual documents and standards within the costing manual.
  • Review project tender document estimation and escalate any irregularity.
  • Prepare monthly Cost Reports based on the actual project performance vs project budget.
  • Liaise with all internal teams to obtain the actual cost allocated to the project’s cost centre.
  • Review Cost Reports with internal stakeholders and align with the Project Team.
  • Monitor daily the project costs, reported metrics, and efficiencies e.g., sub-contractors, and materials purchased in line with the approved Project Budget.
  • Coordinate the risk management activities startup organising the first brainstorming and the qualitative / quantitative assessment of the identified risks and opportunities
  • Input into the monthly management reports e.g. overall project updates and delivery
  • Analyses project performance, and provide advice, commentary, and insight on actuals vs budget.
  • Input into the central costing database to ensure accurate metrics and information is updated.
  • Analyse and highlight any cost deviation/overrun/irregularity and escalate for review.
  • Review the Project Budget in the event of scope changes and amend as necessary.
  • Prepare project close-out cost report, review with all stakeholders, and share lessons learned with the Commercial Team for reference and future consideration.
  • Ensure compliance with all ESG, HSE & Quality policies.
Qualifications, Experience, Knowledge & Skills
  • Bachelor’s degree in civil engineering or other related engineering field.
  • 5+ years’ experience in the domain of project management, project control, planning, and estimation, budgeting, and cost control.
  • Experienced in Earned Value Method in cost reporting.
  • Certified Cost Professional is an added advantage.
  • Excellent knowledge of planning/cost control techniques, methods, systems, standards, and software.
  • Industry Certifications in Project Management and Project Controls Computer literate.

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