Job description
Role Overview
Senior Cost Control Manager at AHS Properties, a leading ultra-luxury real estate developer in Dubai. This role leads cost management and financial oversight across a portfolio of ultra-luxury developments.
Company Overview
AHS Properties is a leading ultra-luxury real estate developer in Dubai, renowned for creating exceptional waterfront villas, bespoke mansions, and iconic residences that redefine luxury living. The company's developments combine world-class architecture, craftsmanship, and innovation, setting new benchmarks in the global luxury real estate market.
Role Purpose
To ensure robust budget control, accurate forecasting, cost optimization, and commercial governance throughout the entire project lifecycle of ultra-luxury residential developments. The role demands extensive experience in high-value residential or mixed-use developments and a strong understanding of construction costs, procurement strategies, and project financial management within the UAE market.
Key Responsibilities
Budget and Cost Management
- Develop, manage, and maintain project budgets from pre-development through project completion.
- Monitor project expenditures, commitments, and forecasts to ensure alignment with approved budgets.
- Manage project cash flow forecasts and support long-term financial planning.
Reporting and Analysis
- Prepare and present monthly cost reports, variance analyses, and financial performance updates to senior leadership.
- Review and validate cost estimates, BOQs, contractor submissions, and consultant recommendations.
Cost Control and Governance
- Lead cost control processes across multiple luxury real estate developments simultaneously.
- Establish and improve cost control procedures, reporting systems, and governance frameworks.
- Monitor and evaluate variation orders, claims, and contract changes, ensuring commercial compliance and cost transparency.
Stakeholder Collaboration and Procurement
- Collaborate with Development, Design, Procurement, Construction, and Finance teams to identify cost-saving opportunities while maintaining luxury quality standards.
- Support tender evaluations and procurement strategies from a commercial and cost perspective.
Risk Management
- Identify commercial and financial risks and implement mitigation strategies.
Qualifications & Experience
- Bachelor's Degree in Quantity Surveying, Civil Engineering, Construction Management, Finance, or a related field.
- Minimum 10 years of experience in cost control, quantity surveying, commercial management, or project finance within the construction or real estate industry.
- Minimum 5 years in a senior-level cost management role.
- Proven experience managing large-scale luxury residential, mixed-use, hospitality, or high-end development projects.
- Main contractor background is highly recommended.
- Strong knowledge of UAE construction market rates, procurement practices, and contract administration.
Skills & Competencies
- Excellent understanding of project budgeting, forecasting, cash flow management, and cost reporting.
- Advanced proficiency in Microsoft Excel and cost management systems.
- Strong analytical, negotiation, and stakeholder management skills.
- Experience with FIDIC contracts and commercial management practices.
- Professional certifications such as MRICS, CCP, PMP, or equivalent are advantageous.
Additional Information
- Opportunity to work on some of Dubai's most prestigious ultra-luxury developments.
- Collaborative and high-performance work environment.
- Competitive compensation package.
- Career growth within a rapidly expanding luxury real estate developer.