Actively Hiring
AA
Cost Control Engineer
AASA Group of Companies
Dubai
Skills:
Procurement
Job Description
Job Title: Cost Control Engineer
Company: AASA Group of Companies
Job Category: SAP MM
Roles & Responsibilities:
* Develop, monitor, and maintain project budgets and cost control systems for steel fabrication and structural steel projects.
* Track actual costs against approved budgets, identifying cost variances and recommending corrective actions.
* Prepare cost reports, cost forecasts, cash flow projections, and cost\-to\-complete statements.
* Monitor material costs for structural steel, plates, sections, bolts, welding consumables, paint, and other fabrication materials.
* Analyse material consumption, wastage, scrap, and production costs to identify cost\-saving opportunities.
* Monitor labour costs, fabrication productivity, equipment costs, subcontractor expenses, and site installation costs.
* Coordinate with procurement, production, project management, planning, and finance teams to collect and validate cost information.
* Review BOQs, estimates, project budgets, and material take\-offs to ensure alignment with project requirements.
* Monitor project progress against planned expenditure and evaluate the financial impact of delays or changes in scope.
* Track variations, additional works, claims, and change orders, ensuring their cost implications are accurately recorded.
* Support monthly cost reviews, budget revisions, and financial performance reporting to management.
* Assist in preparing tender estimates and comparing estimated costs against actual project costs.
* Identify cost overruns, analyse their root causes, and recommend measures to improve project profitability.
* Maintain accurate cost records, project documentation, and management reports.
Work Location: In person
Work Location: Dubai, DU, United Arab Emirates
Availability: Full time
Requirements
Requirements
* Bachelor's degree in Engineering, preferably Mechanical, Civil, Industrial, or a related discipline.
* 0-1 years of experience in cost control, preferably within steel fabrication, structural steel, or steel manufacturing.
* Strong understanding of structural steel fabrication processes, material costing, production costs, and project execution.
* Experience in budget preparation, cost forecasting, variance analysis, cost\-to\-complete reporting, and cost optimisation.
* Familiarity with BOQs, material take\-offs, project estimates, and subcontractor cost monitoring.
* Advanced MS Excel skills; experience with ERP systems, SAP, or similar cost management software is an advantage.
* Knowledge of Primavera P6 or other project planning tools is preferred.
* Strong analytical, reporting, communication, and problem\-solving skills.
Key Skills: Procurement
Salary: AED 10000 - 13000 per monthly