مهندس ضبط التكاليف

Job Description

Key Responsibilities:

• Develop, update, and manage comprehensive MEP project budgets, cost plans, and cost control systems throughout the project lifecycle.
• Regularly compare actual project expenditure with approved budgets and investigate significant cost deviations and trends.
• Maintain detailed monitoring of material, manpower, subcontractor, plant, equipment, and other MEP-related project costs.
• Examine purchase orders, subcontract agreements, supplier invoices, and payment applications to verify compliance with approved costs and commercial conditions.
• Maintain visibility of committed costs, incurred/actual expenditure, and projected final costs to support effective project financial management.
• Generate weekly and monthly cost control reports covering budget status, expenditure, commitments, forecasts, and key financial indicators.
• Investigate unfavorable cost movements and budget overruns and provide practical recommendations and corrective measures to control project costs.
• Support the preparation and continuous updating of project cash flow projections, Cost-to-Complete (CTC), Estimate-at-Completion (EAC), and revised cost estimates.
• Monitor material procurement, consumption, stock levels, and wastage and identify opportunities for reducing unnecessary project expenditure.
• Assist in the technical and commercial evaluation of subcontractor and supplier quotations and provide cost comparisons for management review.
• Assess the financial implications of variations, change orders, additional works, omissions, backlogs, and scope changes and incorporate approved changes into project forecasts.
• Coordinate with project teams to ensure cost reporting reflects actual physical progress, procurement status, and project execution.
• Ensure all cost-related information is properly documented, maintained, and supported by relevant records and approvals.
• Follow established company procedures, financial controls, and project cost management standards throughout the project lifecycle.

Education & Experience:

• Bachelor’s Degree in Mechanical Engineering or Electrical Engineering.
• 3–5 years or more of UAE experience in MEP cost control within building contracting or MEP contracting organizations.
• Practical experience in managing project costs for high-rise residential, commercial, mixed-use, hospitality, and villa developments.
• Experience in preparing and monitoring ZC budgets, Cost-to-Complete, Estimate-at-Completion, revised estimates, cash flow forecasts, and project cost reports.
• Experience in analyzing budget versus actual costs, cost generation, project profitability, and financial variances.
• Proficiency in Microsoft Excel, ERP systems such as SAP/Oracle, and AutoCAD, is preferred.