Graduate Cost Estimation (UAE National)

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 plays a key part in ensuring 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

• Development and maintenance of project cost budgets and forecasts
• Cost tracking, expenditure monitoring, and variance analysis
• Preparation of cost reports, cash flow forecasts, and financial dashboards
• Support to change management , including evaluation of cost impacts
• Understanding of earned value management (EVM) principles
• Cost risk identification and mitigation

Analytical & Technical Skills

• Strong numerical and analytical skills with high attention to detail
• Ability to interpret financial data and identify cost trends
• Accurate data validation and reconciliation
• Advanced Excel and data analysis capability

Planning & Coordination

• Close coordination with project controls, planning, procurement, and construction teams
• Support to project managers in cost-related decision making
• Timely collection and consolidation of cost data from multiple stakeholders
• Interface with finance teams for invoicing, accruals, and cost actuals

Communication & Reporting

• Clear and concise reporting of cost performance to project and management teams
• Ability to explain cost variances and forecasts to non-financial stakeholders
• Strong written and verbal communication skills

Professional Attributes

• High level of integrity, accountability, and ownership
• Ability to manage priorities and meet reporting deadlines
• Proactive, detail-oriented, and results-driven approach
• Adaptable to fast-paced, multi-project environments
• 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.
• Strong proficiency in cost control and reporting tools such as SAP, Oracle, Excel, and project cost management systems.
• 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.