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- A construction company was founded in 1960, making it the longest standing contractor in the United Arab Emirates. The company handling multiple projects, the group has emerged out significantly with its presence into residential, commercial projects both into a private and public sector. Group has proven its success through the years and has expanded its business to cater to the increasing needs of the construction and building industry
- 1) Monitor and implement for proper control the correct usage of cost codes of the projects and other departmental cost end-users based on the approved budget allocations. 2) Verify for proper control the correct quantities, unit rates and values billed/invoiced by suppliers,” subcontractors or any service providers. 3) Develop and prepare comparative cost analysis between the actual cost incurred and the approved budget. And provide necessary mentor to concerned managers or cost end-users for the approach of minimizing the costs. 4) Develop and prepare budgetary analysis for associated cost breakdown structures of BOQ work items in the request of resources required in the projects. 5) Measure and monitor the productivity accomplishment and unit cost of the projects for cost control and estimation future references . 6) Monitor the details of actual cost of manpower, equipment, materials, subcontractors and other” cost in comparison to the earned value of the projects. 7) Review the preparation of clients billing in comparison to the cost incurred of manpower,” “equipment, materials, subcontractor and others by the projects.” 8) Control and monitor the additional costs which are not established/ recognized during budget approval of the projects/works. 9) Prepare all project cost related reports in weekly, monthly and quarterly . And comply any ad-hoc” request and work assistance demanded by Cost Control Manager in order to achieve the overall goal of the cost control department as per KPI. 10) Updated delivery with the accuracy of cost control and monitoring reports in consideration to company secrecy policy. 12 ) Prepare and establish the Cost Breakdown Structure, and Budget Elements which describe the full structure to be used in the Cost Control System and that align into the Work Breakdown Structure 13 ) Continuously interface with the Project Financial Control department to provide accurate cash flow forecasts and profit release as well as to obtain the actual cost expenditure 14 ) Maintain constant awareness of progress of work by pro-actively collecting the necessary supporting material (planning and reports) and information from all reliable sources 15 ) Compute Actual Cost of Work Performed (ACWP) 16 ) Produce short and long term cash flow projections in a continuous and timely manner 17 ) Produce audit reports and other audit information as required by internal & external audit teams 18 ) Devise the monthly project cost report and variance analysis 19 ) Prepare Close Out Documentation both internally and externally 20 ) Attend regular functional meetings and workshops within the Project Controls team 21 ) Participate on estimate of Variations Orders, prepare supporting data and documentation and implement validated VO budgets into the cost control system 22 ) Calculate and plan Estimate To Complete (ETC) 23 ) Ensure all costs are allocated to the right destinations 24 ) Interface with budget owners on a regular basis to review commitments 25 ) In liaison with Project Accounting, reconcile Project ACWP and Accounting 26 ) Guide and direct resolution of project difficulties and complex project control issues. 27 ) Oversees project baseline process for cost, schedule and progress and ensure all project systems are implemented according to process and company standards and procedures 28 ) Establish risk management protocol which includes identification, documentation, mitigation and tracking of potential risks on the project. In addition, determine potential cost and schedule/progress impacts of potential risks as they are identified 29 ) Establish and manage project schedule development, review and update processes and to ensure accuracy and
- •Bachelor’s degree in Civil Engineering, • With experience of 12+ Years in Building Construction companies, or related fields in a leadership role in project cost controls. •Experience with cost control including project estimating, forecasting and cost management including report drafting •Prefer to be familiar with Claims Hearing Arbitration •Strong understanding of Primavera and with overall planning process •Proficient PC skills including proficiency in Microsoft Excel and various Project Controls software and Microsoft Office Suite
- Full-time
- 5-10 Years Experience
- No Preference
- Construction & Infrastructure
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