
Posted 23 days ago
Cost Control Engineer
AI Summary
Monitors project budgets, tracks costs and expenditures, prepares forecasts and variance analyses, and provides cost-control reports to support profitability and management decisions on construction projects.
About this role
We are looking for a detail-oriented and analytical Cost Control Engineer to support project cost management across site and head office operations. The successful candidate will monitor budgets, track commitments and expenditures, prepare forecasts, analyse variances, and provide timely cost-control reports to support project profitability and management decision-making.
Requirements
- Prepare and maintain project budgets, cost plans, cost reports, and monthly cost forecasts.
- Monitor actual costs, commitments, purchase orders, subcontractor costs, material costs, and site expenditures against approved budgets.
- Identify cost variances, potential overruns, and financial risks, and recommend corrective actions to management.
- Maintain project cost codes and ensure accurate allocation of costs across labour, materials, subcontractors, equipment, and overheads.
- Prepare Estimate at Completion, cost-to-complete, cash-flow forecasts, and expenditure analysis.
- Review subcontractor and supplier invoices, claims, variations, and change orders for commercial and contractual compliance.
- Coordinate with project managers, quantity surveyors, procurement, finance, and site teams to ensure timely and accurate cost information.
- Supporting budgeting, value engineering, and cost-saving initiatives where required.
- Ensure cost-control records, reports, and supporting documents are maintained in line with company procedures.
Qualification
- Bachelor’s degree in civil engineering, Construction Management or a related field.
- Minimum 5 years of relevant experience in cost control, project cost management, estimation, forecasting, or commercial reporting within the construction industry.
- Strong understanding of construction project cost structures, budgets, commitments, variations, claims, and subcontractor cost control.
- Advanced proficiency in MS Excel and cost-tracking tools or ERP systems; familiarity with Xpedeon is a significant advantage.
- Strong analytical, numerical, reporting, and problem-solving skills.
- Ability to work with site and head office teams in a fast-paced construction environment.
- Good communication skills with the ability to prepare clear reports and coordinate effectively with multidisciplinary teams.
- Knowledge of UAE construction practices, procurement processes, and contractual procedures are added advantages.
Preferred candidate profile :
- Previous experience working directly with main contractors, or large-scale construction projects in the UAE (Residential & Commercial Building experience are added advantage).
- Hands-on experience preparing management reports, budget variance analysis, and cost-to-complete forecasts.
- Ability to identify cost-saving opportunities and support commercial decision-making.
- Detail-oriented approach with strong ownership of deadlines, accuracy, and documentation.
Benefits
- Health Insurance
- Performance Bonus
- Annual air ticket allowance
- In-house learning platform
Why Join IRTH Group?
At IRTH Group, we’re not just a company; we’re a family committed to building a brighter future together. Guided by our core values of trust, strength, and agility, we empower individuals to thrive and succeed in a dynamic, collaborative environment. We take pride in building great projects in prime locations, designed for future generations and offering exceptional value as an investor's product. IRTH Group stands as a symbol of legacy, resilience, and vision. Rooted in the foundation of a distinguished local family conglomerate, our privately held real estate investment platform draws strength from a heritage spanning over a century.
At IRTH Group, we are not just shaping the industry, we are setting the standard. If you are driven by ambition, excellence, and the pursuit of legacy, this is where your journey begins.
Are you ready to be part of something extraordinary?
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