Graduate Cost Estimation (UAE National)

Role Overview

Graduate Cost Estimation at Wood PLC, based in the United Arab Emirates. This role is open to UAE Nationals.

Role Purpose

The Graduate Cost Estimation supports the project team throughout all phases of project delivery by managing project budgeting, cost monitoring, forecasting, and financial reporting activities. The role ensures projects are executed within approved cost baselines while supporting effective cost control, variance analysis, and financial performance aligned with project scope and schedule.

Key Responsibilities

Cost Control & Financial Management

• Develop and maintain project cost budgets and forecasts.
• Track costs, monitor expenditure, and conduct variance analysis.
• Prepare cost reports, cash flow forecasts, and financial dashboards.
• Support change management, including evaluation of cost impacts.
• Apply earned value management (EVM) principles.
• Identify and mitigate cost risks.

Planning & Coordination

• Coordinate closely with project controls, planning, procurement, and construction teams.
• Support project managers in cost-related decision making.
• Collect and consolidate cost data from multiple stakeholders on a timely basis.
• Interface with finance teams for invoicing, accruals, and cost actuals.

Communication & Reporting

• Report cost performance clearly and concisely to project and management teams.
• Explain cost variances and forecasts to non-financial stakeholders.
• Communicate effectively in writing and verbally.

Qualifications & Experience

• Bachelor's degree in engineering, Quantity Surveying, Finance, Cost Engineering, or a related discipline.
• Proven experience working on engineering, construction, energy, infrastructure, or industrial projects.
• Solid understanding of project cost management principles, including budgeting, forecasting, cost reporting, and variance analysis.
• Experience in EPC, PMC, or Owner's Engineer environments is highly preferred.
• Professional certifications such as AACE (CCP), PMP, or related cost engineering credentials are an advantage.

Skills & Competencies

• Strong numerical and analytical skills with high attention to detail.
• Interpret financial data and identify cost trends.
• Validate and reconcile data accurately.
• Advanced proficiency in Excel and data analysis.
• Strong proficiency in cost control and reporting tools such as SAP, Oracle, and project cost management systems.
• High level of integrity, accountability, and ownership.
• Manage priorities and meet reporting deadlines.
• Proactive, detail-oriented, and results-driven approach.
• Adaptable to fast-paced, multi-project environments.