Description
Summary:
We are seeking a detail-oriented Cost Control Engineer to manage project costing, budgeting, and financial monitoring, providing crucial insights to management.
Highlights:
1. Manage project costing, budgeting, and financial monitoring activities
2. Develop standardized costing systems and monitor cost performance
3. Support strategic decision-making with financial insights
**Job Title:** Cost Control Engineer
**Job Summary:**
We are looking for an experienced and detail\-oriented Cost Control Engineer to manage project costing, budgeting, and financial monitoring activities. The ideal candidate will play a key role in developing standardized costing systems, monitoring cost performance, supporting bid preparation, and providing accurate financial insights to management.
Key Responsibilities:
* Develop and maintain standardized costing templates covering all cost categories.
* Ensure consistent costing assumptions and methodologies across all departments.
* Establish structured data submission requirements for timely and accurate cost inputs.
* Introduce and maintain dashboards for variance analysis and cost monitoring.
* Identify cost inefficiencies and recommend corrective actions.
* Prepare regular reports on cost drivers, trends, and budget performance for management review.
* Conduct quarterly market research and benchmarking to update cost assumptions.
* Maintain an updated cost library reflecting current market rates and supplier pricing.
* Support competitive bid preparation using data\-driven costing models.
* Collect, review, and validate cost inputs from Finance, Operations, HR, Procurement, and HSEQ departments.
* Ensure completeness and accuracy of cost data through effective cross\-functional coordination.
* Provide guidance and training to departments on cost control procedures and best practices.
* Establish clear reporting structures under Finance \& Commercial departments.
* Deliver transparent and timely cost control reports to management.
* Support strategic decision\-making by highlighting cost implications of projects and commercial bids.
**Qualifications:**
* Bachelor’s Degree in Engineering, Finance, Accounting, or related field.
* Professional certification such as CMA, CPA, ACCA, or equivalent is preferred.
* Minimum 5 years of experience in cost control, financial analysis, or management accounting.
* Experience in facility management, real estate, construction, or service industries preferred.
* Strong analytical, reporting, and problem\-solving skills.
* Proficiency in MS Excel, ERP systems, and cost management tools.
* Excellent communication and coordination abilities.
**Preferred Skills:**
* Strong attention to detail and organizational skills.
* Ability to work under pressure and meet deadlines.
* Experience in budgeting, forecasting, and variance analysis.
* Ability to work collaboratively with multiple departments.
Pay: QAR12,000\.00 per month
Work Location: In person