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Senior Cost Engineer

5.00 to 8.00 Years   United Arab Emirates   01 Mar, 2023
Brunel
Job LocationUnited Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryOther
Functional AreaNot Mentioned

Job Description

About this role:

  • Develop project cost control structures to track and control project costs. Establish the project control budget, tracking and controlling project accruals and commitments against set budget constraints. Provide accurate and timely reporting of all project costs. Track project contingency expenditure and reporting of its linkage to remaining risk on the project.
  • Provide assigned project cost budgets including material, manpower and equipment/material costs, subcontracts, third party services and financial cost etcetera.
  • Coordinate with the project engineers and scope owners to clarify any query/discrepancies.
  • Assist in the identification and mitigation of project risks.
  • Prepare cost reports on a periodic basis on the status of the costs incurred and the variations of the budgeted v/s actual in consultation with scope owners and all departments.
  • Monitor costs and generate variance reports as and when required and ensure that all scope owners are constantly informed of their budget status.
  • Workout forecast for various line items of the cost report in consultation with project team members, departments, and subcontractors.
  • Carry out assessment of potential variations/claims from sub-contractors/vendors.
  • Assist Project Engineers in preparing additional cost analysis as deemed necessary.
  • Develop Cost Estimates as and when required to support budget proposals as and when required.
  • Participate in project review meetings, if required and provide any cost related data as and when required.
  • Interface and provide clarification to the project engineers and Accounts and provide assistance wherever required.
  • Propose new suggestion if any and keep improving/updating the process of effective cost control.
  • Develop historical Cost database of all projects for future reference.
What you need to bring:
  • University Degree in a relevant field and / or international recognized certifications relevant to Cost Engineering.
  • 8 plus years experience in a similar industry. 5 years experience as a senior cost engineer.
  • Driven individual with a strong sense of commitment to deadlines and quality of deliverables. Clear understanding of TIC project costs including owners costs and EPC contracts.
  • Strong analytical skills and excellent attention to detail.
  • Committed, accountable and Team player.
  • Strong Computer skills in MS Office applications and data base inputs. Expert MS Excel skills.

Keyskills :

About Company

Landmark Group is an Indian multinational conglomerate based in Dubai, UAE headed by Micky Jagtiani, who is the Founder and Chairman of the company. The group is involved in retailing of apparel, footwear, consumer electronics, cosmetics & beauty products, home improvement and baby products.

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