Job Description

Job Title: Budget and Cost Officer/Analyst

Department : Cost Control Department

Job Summary:

We are seeking a highly motivated and detail-oriented Cost Accountant to join our Cost Control Department. The successful candidate will play a crucial role in helping the cost control team in preparing budgets, monitoring project costs, and generating insightful cost control reports for ongoing and upcoming construction and infrastructure projects. You will play a key role in monitoring and managing project finances, ensuring that all costs are accurately tracked and aligned with budget expectations. You will contribute to accurate construction projects cost reporting and assist in identifying cost-saving opportunities throughout the lifecycle of projects.

Responsibilities:

• Budget Preparation : Assist in the development and preparation of project budgets, ensuring accurate allocation of costs of labour, materials, equipment and overhead.
• Cost Control Monitor and track actual project costs, comparing them with the approved budget. Report any cost variances and suggest corrective actions.
• Cost Reporting: Prepare regular projects cost reports highlighting key performance indicators, variances, forecasting and make suggestions for improvement
• Profitability Analysis : Analyse project profitability and provide recommendations for improvement.
• Collaboration: Collaborate with projects team to implement cost-saving measures.
• Audit and Compliance : Conduct cost audits and reconciliations to ensure accuracy and compliance.
• Cost Control Process and Procedures : Contribute to the continuous improvement of cost control processes and procedures.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• 3-5 years of experience in cost accounting, preferably in the Road and infrastructure industry in the UAE.
• Strong understanding of cost accounting principles and practices.
• Proficiency in ERP system (preferably Epromis) and Microsoft Excel.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and as part of a team.

Job Types: Full-time, Permanent, Contract
Contract length: 24 months