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Cost Control Engineer - Electrical/Power

Albatha Holding LLC · Sharjah

Posted Oct 16, 2026Source: naukrigulf
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Job description

• Monitor project costs against approved budgets and identify cost variances. • Prepare project cost reports, budget forecasts and cost performance updates. • Track actual expenditure, procurement commitments and subcontractor costs. • Forecast project costs to completion and highlight potential budget overruns. • Analyse cost deviations and recommend corrective actions. • Monitor material, equipment and labour costs for electrical and power substation projects. • Review project variations, change orders and their financial impact. • Coordinate with Project Managers, Procurement, Finance and site teams to ensure effective cost control. • Maintain accurate cost records, budget trackers and supporting documentation. • Support management in financial planning and decision making to ensure projects are delivered within approved budgets. • Bachelor's degree in Electrical Engineering or a related engineering discipline. • Minimum 5 years of experience in project cost control within electrical contracting, power or infrastructure projects. • Experience in power substation projects, preferably 132 kV or higher, will be an added advantage. • Strong knowledge of project budgeting, cost monitoring, forecasting and variance analysis. • Experience tracking procurement costs, material commitments, subcontractor costs and project variations. • Proficiency in MS Excel and working knowledge of ERP systems such as SAP or Oracle. • Strong analytical, reporting and problem solving skills. • Good communication and coordination skills with project, procurement and finance teams.

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