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Cost Control Engineer

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Toshiba EMEA

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Location:
United Arab Emirates , Abu Dhabi

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Category:
Construction

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Contract Type:
Not provided

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Salary:

12000.00 - 15000.00 AED / Month
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Job Description:

The Cost Control Engineer is responsible for assisting the Planning & Monitoring team in coordination with the Project Management Team & Functional Managers, performing all aspects of project cost related functions, including the preparation of project forecast cash flows. The person performing this role has to possess thorough knowledge & experience in the entire life cycle of projects from initiation till close-out.

Job Responsibility:

  • Develop baselines, master schedules, resource and cost budget-loaded programs in Primavera P6
  • Verify and prepare target bill of quantities as per company procedures
  • Work out budget break ups for variations in coordination with project & commercial department
  • Establish and maintain project Work Break-down Structure (WBS), Project Control Strategy, activity codes, calendars, and resource libraries
  • Prepare and monitor commitment against budgets /actual for Prelims, Material, labor & Sub -contract
  • Prepare and maintain cash flow forecasts, manpower histograms, and S-curves integrated with cost data for projects
  • Coordinate with the site Quantity Surveyors for the compilation of the Balance Quantities, Sub-contractor Liability Statements, Client Payment Certificates & Weekly Productivity reports
  • Coordinate with procurement team to align vendor / material delivery schedules with construction activities
  • Monitor internal monthly debits notes required for the cost reports
  • Monitor and analyze the trial balance of all projects, for the preparation of cost sheets and cost reports
  • Assist the Planning team as and when required related to cost control work
  • Participate in establishing a Cost Breakdown Structure & earned value calculations as per TAQA scheduling requirements
  • Create and implement project cost management systems and managing project costs throughout project lifecycle
  • Accurately report total cost of projects considering various factors such as material, labor, commercial, PMC, etc
  • Monitor actual cost against project baseline budget and taking corrective actions for items exceeding budget
  • Prepare cash flows based on current trends and ensuring projects stay within budget
  • Prepare & submit the Forecast Cost Report with clear validation to show the differences from previous month, and reporting data-driven insights to management
  • Prepare and review the daily, weekly and monthly progress reports for internal & external reporting
  • Assist in preparing EOT claims by extracting the delay events & review the sub-contractor’s EOT
  • Perform any other related tasks assigned in coordination with the Planning Engineer and the HOD (Engineering)

Requirements:

  • Bachelor’s or a Master’s degree in Electrical, Mechanical or Civil Engineering
  • A minimum of 5+ years of relevant experience as a Cost Control Engineer in handling 400 kV GIS projects from the energy & power industry in the GCC/UAE
  • Expertise in: Project Scheduling & Primavera P6 – EPC Project Management, Power BI, Oracle and MS Projects
  • Exceptional knowledge in Cost control management, Project risk assessment management, Contract management, Interface Coordination, and Conflict Resolution
  • Sound Knowledge of estimation is prerequisite
  • Leadership, team building, communication, critical thinking, decision-making, problem solving skills are mandatory
  • Strong presentation and communication skills with the ability to present complex, technical information to a wide audience
  • High competence in technical writing, systems development and utilization

Additional Information:

Job Posted:
March 19, 2026

Expiration:
April 02, 2026

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