Summary
GINCO Contracting is seeking a Cost Controller for construction projects in Dubai. The role monitors expenditure against approved budgets, maintains cost records, reviews invoices, and prepares monthly cost reports, forecasts, and variance analyses. The successful candidate will coordinate with site, procurement, finance, and commercial teams and report cost deviations. Applicants should have 4–7 years of UAE construction cost control experience, a relevant degree, and proficiency in advanced Excel, Primavera P6, and cost management software.
The posting
As published on gccginco.ae. Pulled from the employer's site and shown as they wrote it.
Job Description
Role Overview
The Cost Controller monitors and controls project costs for assigned construction projects, maintaining accurate cost records, preparing cost reports, and supporting the project team in tracking expenditure against approved budgets. The role ensures that cost data is current, reliable, and reported in accordance with GESCO’s commercial and financial procedures.
Key Responsibilities
- Monitor project expenditure against approved budgets; prepare and update cost control sheets on a regular basis.
- Collect, verify, and process cost data from site teams, procurement, subcontractors, and finance.
- Prepare monthly cost reports including budget vs. actual analysis, cost variance summaries, and cost-to-complete estimates.
- Maintain the project cost database, commitment registers, and invoice tracking logs.
- Review supplier and subcontractor invoices for compliance with approved contracts and budgets.
- Support the preparation of project cash flow forecasts in coordination with the QS and commercial team.
- Track and report the financial impact of approved and pending variations and change orders.
- Assist in the preparation of earned value analysis reports and project financial performance reviews.
- Coordinate with procurement, accounts, and project teams to ensure accurate cost allocation.
- Identify cost overruns and deviations; escalate findings to the Sr. Cost Controller for action.
- Maintain cost control records, files, and documentation in accordance with project procedures.
Qualifications & Requirements
- Bachelor’s Degree in Civil/Mechanical/Electrical Engineering, Quantity Surveying, Finance, or Construction Management.
- 4-7 years of cost control experience in UAE construction with a recognized contractor.
- Proficiency in MS Excel (advanced), Primavera P6, and cost management software (Candy, CostX, or equivalent).
- Good understanding of construction cost drivers, BOQ structures, and subcontract administration.
- Familiarity with earned value management concepts and project cost reporting formats.
- Strong numerical, analytical, and organizational skills.
- Good command of English; proficiency in MS Office suite