Skip to content
Job Alerts

Sr. Cost Controller

M I R A L.L.C · Dubai, Dubai, United Arab Emirates

Full-time16 hours ago

About this role

We are seeking a precise and analytical Senior Cost Controller to manage project budgets, financial tracking, and cost risk analysis across our construction project portfolio. In this role, you will establish budget baselines, monitor live project expenses against forecasts, implement rigorous cost-control procedures, and provide executive management with accurate, data-driven financial reports to protect project profit margins.

Key Responsibilities

Budget Establishment & Breakdown: Develop and maintain baseline project budgets based on tender calculations, contractual agreements, and Work Breakdown Structures (WBS) / Cost Breakdown Structures (CBS)

Cost Tracking & Variance Analysis: Continuously monitor site commitments, actual costs, equipment hire, materials usage, and labor expenses against baseline budgets to identify cost variances early

Earned Value & Forecasting: Perform monthly Cost Performance Index (CPI) and Schedule Performance Index (SPI) analyses; generate Estimate at Completion (EAC) and Estimate to Complete (ETC) reports

Cash Flow Management: Prepare monthly project cash flow forecasts, monitor cash inflow/outflow projections, and reconcile site expenditure with finance teams

Change Order & Variation Review: Evaluate the financial impact of scope changes, variation orders, and subcontractor claims alongside Quantity Surveyors and Commercial Managers

Subcontractor & Supplier Cost Audits: Audit and review subcontractor interim payment applications, purchase orders, and supplier invoices prior to payment approvals

Management Reporting: Produce comprehensive monthly Cost Value Reconciliations (CVR), financial progress reports, and risk exposure dashboards for project leadership

Requirements

Education: Bachelor's degree in Civil Engineering, Construction Management, Quantity Surveying, or Finance/Accounting.

Experience: 7-10+ years of dedicated project cost control experience within civil, commercial building, or large-scale infrastructure construction projects.

Software Proficiency:

Advanced expertise in MS Excel (financial modeling, pivot tables, complex formulas, macros)

Strong proficiency in Enterprise Resource Planning systems (SAP, Oracle Primavera Unifier, or PRISM)

Familiarity with scheduling software (Primavera P6) to align cost profiles with project progress

Key Competencies:

Deep understanding of Earned Value Management (EVM) methodology and Cost Breakdown Structures (CBS)

Strong knowledge of construction financial processes (CVR, invoicing, retention, commitments)

Excellent analytical mindset, commercial acumen, and cross-departmental communication skills

Benefits

Competitive base salary package with performance bonuses

Comprehensive health and life insurance

Professional development opportunities and support for professional certifications

Clear career progression paths within project management