[Hiring] Cost Control Manager Dubai UAE

­­­­Position: Cost Control Manager

Date posted: 2025-01-13

Industry: Construction

Employment type: Full Time

Experience: 18 to 20 year           

Qualification: Bachelor’s Degree holder

Salary: AED 25000 to 30000

Location: Dubai, United Arab Emirates

Company: Confidential

Description:

Hiring Cost Control Manager

Requirements:

• Monitor, analyze, and report on project costs for large-scale construction projects.
• Develop and manage detailed project budgets and cost control plans for multiple phases of construction.
• Perform variance analysis to identify deviations between budgeted and actual costs, and provide actionable recommendations.
• Validate project-related expenses, including petty cash, non-PO-based expenses, and supplier payments.
• Assess supplier performance, credit facilities, and credit periods to optimize financial efficiency.
• Work closely with project teams to track progress and ensure cost performance aligns with project timelines.
• Prepare regular reports on cost performance, profit margins, and project cash flow for internal and external stakeholders.
• Ensure costs align with contractual terms, identifying and addressing any discrepancies.
• Review and audit project expenses to confirm compliance with applicable financial and contractual regulations.
• Ensure accurate valuation and monitoring of inventory utilized in construction projects.
• Oversee fixed asset management, including recording, monitoring, and maintaining assets at project sites.
• Generate monthly, quarterly, and annual financial reports, including variance analysis and forecasts.

𝐐𝐮𝐚𝐥𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬/𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬

• 18–20 years of experience in cost control within the UAE construction industry.
• Bachelor’s degree in Finance, Accounting, or Engineering.
• Extensive understanding of the construction project lifecycle, cost drivers, and industry-specific risks.
• Advanced knowledge of project management and accounting software (e.g., SAP, Oracle).
• Expertise in budgeting, cost analysis, and variance analysis.