We are looking for a Cost Control Engineer for one of our clients with the following details:Location: Abu Dhabi, UAEStart Date: ASAPContract Duration: 12 MonthsQualification and Experience Required:
Relevant Experience: 6 Years Minimum
Language Preference: English and Arabic
Certification Required: Certified Cost Professional (CCP) or Project Management Professional (PMP) are highly preferred
GCC Work Experience: At least 5 years
Software Knowledge: MS Office, experience with advanced cost management software and tools, such as Primavera P6
Other requirement: Must have experience in any EPC or EPCM projects
Services Description
Proficiency in cost management software (e.g., SAP, Primavera) is crucial for effective tracking and reporting. Strong analytical skills with a keen attention to detail are necessary to accurately assess financial data.
Excellent communication abilities to convey complex cost information to non-technical stakeholders.
Proven experience in risk management and mitigation strategies to handle potential cost escalations.
Develop and maintain detailed project cost estimates that reflect the actual scope and schedule of oil and gas construction projects.
Implement robust cost control processes to track expenditures against budget and identify variances in real-time. Conduct thorough risk assessments to forecast potential cost overruns and propose mitigation strategies proactively.
Collaborate with engineering and procurement teams to ensure accurate pricing of materials and labor for project execution.
Prepare and present detailed cost reports and forecasts to stakeholders, providing insights for informed decision-making.
Utilize advanced software tools for cost management, ensuring data accuracy and real-time reporting capabilities.
Facilitate budget reviews and audits, ensuring compliance with financial regulations and company policies.
Assist in contract negotiations, providing cost analysis to secure favourable terms for the organization. Monitor project progress and performance metrics, adjusting cost estimates and forecasts as necessary.