Cost Control Engineer

Azizi Developments

The Role

Overview

Manage and monitor project costs, budgeting, forecasts, and financial controls.

Key Responsibilities

  • cost control
  • cost planning
  • budget monitoring
  • variation reporting
  • wbs management
  • earned value

Tasks

As a Cost Control Engineer you will be responsible for managing and monitoring the financial aspects of a project which includes monitoring of project expenses, budget adherence, preparing cost forecasts and ensuring that the project stays within budget. Works closely with the Department Head in developing cost analysis reports comparing Earned Value vs. Cost, on Cost Code level. -Coordinate and work with the project management team to resolve project issues to ensure the delivery/completion of the project work. -Attend project meetings and discussions with the PMT and external clients -Assess skills gap (within the regional cost planning team) and develop a plan to rectify the gap. -Provide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing Processes, etc. -Responsible to control and monitor project total expenditure including verifying and checking of invoices and claims from suppliers, vendors and subcontractors to ensure that all project expenditures are captured and properly recorded. -Perform and manage project activity scheduling and monitoring milestone progress to the preparation of customer billing processes, etc. -Support the Development Cost Planning Business Plan, using tools and implementing cost planning processes on all projects. -Perform project costing related reporting to the team and management’s review on a monthly basis to ensure that expenditures are kept within the project budget. -Provide cost control and planning advice to the internal PMT team as and when required. -Ensure effective project implementation and utilize productive reports from the creation of WBS (Work breakdown structure) with the use of project management system to monitor the status of all purchases, invoicing and delivery up to the closure of the project. -Prepare detailed project cost plans, presenting recommendations and benchmarking at project reviews to achieve sign off Cost Planning outputs. -Perform technical and commercial review (subcontractor’s quotations) for the preparation of Service agreements.

Requirements

  • engineering degree
  • autocad
  • primavera
  • 5+ years
  • ms project
  • erp

What You Bring

-Degree In Engineering with specialization in Project Management or Cost Control related training. -Microsoft office, AutoCAD, Primavera -Must have minimum 5 Years of experience and above -Knowledge in the use of Xpedion, MS Project and ERP software is highly advantageous

The Company

About Azizi Developments

-Founded with the vision to create exceptional, contemporary living spaces in Dubai. -Their portfolio includes high-end residential developments, commercial spaces, and integrated communities. -Specializes in developing both luxury and affordable housing, aiming to cater to diverse market needs. -The company has developed a reputation for timely project delivery, quality construction, and innovation. -Focuses on master-planned communities, offering seamless integration of residential, commercial, and leisure facilities. -Pioneered a commitment to enhancing Dubai's skyline with state-of-the-art high-rise towers and modern amenities. -Known for its strong presence in key areas such as Palm Jumeirah, Dubai Healthcare City, and Al Furjan.

Sector Specialisms

Residential

Commercial

Mixed-use Communities

Real Estate Development

Property Management

Leasing Facilitation

Contract Management

Security Services

Real Estate Consultancy

Hospitality

Hotels