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Job Details

(1703) Cost Controller

Scope of Duties:

 Ensure the full professional implementation of the project contract conditions.

 Maintain close monitoring of project activities in line with contractual conditions

 Monitor all claims and variations from contractor and prepare status report

 Overview control on all procurement activities by contractor

 Establishes the project controls budgets procedure and maintains regular comparison with actual costs for small projects. Updates the original control budgets with budget transfers, endorses changes and maintains current control budget.

 Reviews and endorses project control data submitted by the assigned Engineers/ Contractors during the course of the project including estimates and budgets, cost and commitment status, schedules and progress reports. Verifies all submitted data, ensuring that they are timely and accurate.

 Analyses projects cost and schedule status on an ongoing basis to ensure that all problems have been identified and that proposed solutions are appropriate

 Checks and verifies invoices from assigned Engineers, Contractors and recommends for payments.

 Reviews change orders and carries out estimates and issues recommendations

 Compiles and maintains support documentation for commitment, expenditure and physical progress of work

 Reviews the forecasts for final project costs and cash flow. Prepares final cost reports and project close out reports

 Monitors the detailed schedules, percentage complete, trend lines, milestones, etc… Reviews the work content supporting the approved schedule throughout the duration of the project.

 Evaluates manpower levels productivity and resources in relation to the original schedule requirement. Ensures that early warning capabilities to spot deviations in work plans are observed to take corrective actions.

 Monitors the status of procurement of critical items and recommends remedial action

 Co-ordinates with Project Contractors representatives in preparing their project monthly progress and cost reports.

 Ensures that safe operating and maintenance procedures are followed, and counsels contractors about compliance with safe working procedures as necessary.

 Utilizes up to date information to support the project cost control and planning functions including data bank, computer software and manual forms. Development, maintenance and operation of computer programmers/systems for cost/planning.

 Performs other similar or related tasks as assigned

 Monitor cost performance of project during execution period

 The Role and Responsibilities would change based on work demand and skills of the person.
 The selected candidate has to work on 6 Months probationary period.

 On confirmation after the probationary period, Performance of the candidate will be reviewed once in a year to terminate the services of non-performers.
Industry Type : Oil & Gas / Petroleum
Functional Area : Engineering


Start Date : 09/03/2016

Status : Waiting

Oil & Gas / Petroleum
Abu Dhabi
Education Level
Bachelor of Technology/Engineering
Professional Type
Required Skills
Cost Controller Cost Control Cost Controlling cost engineer Cost Estimation costing