Cost Control Manager

The Cost Control Manager will be responsible for overseeing and managing the company's cost control function across all construction and real estate development projects. This role involves developing, implementing, and monitoring cost control systems, budgets, and financial reporting to ensure cost efficiency, profitability, and adherence to project budgets. The candidate will play a key role in financial planning, risk management, and providing senior management with accurate cost insights for decision-making.

Key Responsibilities

• Develop and implement cost control policies, procedures, and systems in alignment with company objectives.

• Lead cost estimation, budgeting, and forecasting for ongoing and upcoming projects.

• Monitor and control project costs to ensure alignment with approved budgets.

• Review and validate project budgets, BOQs, tender estimates, and financial models.

• Analyze project financial performance, identifying variances and recommending corrective actions.

• Prepare regular cost control reports, dashboards, and presentations for management.

• Coordinate with project managers, QS teams, procurement, and finance to ensure cost transparency.

• Manage cost risk assessment, mitigation strategies, and value engineering initiatives.

• Establish cost benchmarks and KPIs to track project performance and improve cost efficiency.

• Support contract negotiations, claims, and variation orders from a cost-control perspective.

• Provide strategic advice to senior leadership on cost implications of projects.

• Lead, mentor, and manage the cost control team across multiple projects.

Qualifications & Requirements

• Bachelors degree in Civil Engineering, Quantity Surveying, Finance, or related field.

• Minimum of 8 years of experience in cost control within the construction and real estate development sector, with at least 3 years in a leadership role.

• Strong understanding of cost estimation, budgeting, project financing, and financial reporting.

• Solid knowledge of construction contracts (FIDIC and local regulations).

• Proficiency in cost control software (e.g., CCS Candy, Primavera, MS Excel, ERP systems).

• Excellent analytical, problem-solving, and negotiation skills.

• Strong leadership and team management abilities.

• Fluent in English; Arabic is an added advantage.

• Experience in Dubai/UAE real estate and construction market is highly preferred.

Key Competencies

• Strategic financial planning

• Cost monitoring and risk management

• Budgeting and forecasting accuracy

• Strong commercial acumen

• Attention to detail and accountability

• Cross-functional collaboration