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Role Overview
Engineer Cost Control at alfanar Building Systems. This role is responsible for monitoring, analyzing, and controlling project costs throughout the project lifecycle to ensure delivery within approved budgets.
Role Purpose
Monitor, analyze, and control project costs throughout the project lifecycle to ensure delivery within approved budgets. Provide accurate cost forecasting, financial reporting, and variance analysis while supporting project management in making informed decisions. Coordinate with project, procurement, contracts, quantity surveying, and finance teams to optimize cost performance, manage risks, and maintain effective budget control.
Key Responsibilities
Budget Control & Cost Monitoring
- Prepare, maintain, and update project cost control sheets, cost codes, and budget tracking registers.
- Monitor commitments, actual costs, accruals, and forecasted costs against the approved project budget.
- Identify cost variances, analyze root causes, and recommend corrective actions to project management.
Forecasting & Reporting
- Prepare periodic cost reports, cash-flow updates, cost-to-complete forecasts, and estimate-at-completion dashboards.
- Support monthly project performance reviews by presenting budget status, risks, savings opportunities, and cost trends.
- Coordinate with planning teams to align cost forecasts with the project schedule and progress data.
Subcontracts, Procurement & Payments
- Track subcontractor and supplier commitments, invoices, payment certificates, and change impacts.
- Coordinate with procurement, contracts, quantity surveying, and finance teams to verify cost allocation and payment status.
- Support evaluation of variation orders, claims, and cost impacts before approval.
Professional Development
- Obtain updated soft and technical skills related to the role.
- Develop a vision and plan for career path progression and achievement.
Delivery
- Perform planned activities to meet operational and development targets as per delivery schedules.
- Utilize resources effectively to achieve objectives within efficient cost and time.
- Provide periodic reports detailing deviation and execution of planned tasks.
Problem-Solving
- Solve related problems and escalate complex operational issues appropriately.
Quality
- Ensure quality requirements to develop effective quality control and processes including specifications for products, processes, or related activities.
Business Process Improvements
- Coordinate well-defined written systems, policies, and procedures, and seek automation opportunities.
Compliance & Health, Safety, Environment
- Comply with related policies, procedures, and work instructions.
- Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products and services.
Qualifications & Experience
- Bachelor's degree in Civil Engineering or any relevant field.
- 4 to 6 years of experience.
- 2 to 5 years of related experience.
Skills & Competencies
- Cost Estimating
- Cost Control
- Cost Variance Analysis
- Risk Management
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