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Senior Cost & Project Control Engineer

Job in Muscat, Oman
Listing for: Green Umbrella Recruitment
Full Time position
Listed on 2026-09-08
Job specializations:
  • Accounting
    Financial Analyst, Cost Accountant
Salary/Wage Range or Industry Benchmark: 39000 - 61000 OMR Yearly OMR 39000.00 61000.00 YEAR
Job Description & How to Apply Below

Muscat, Sultanate of Oman | Posted on 05/15/2025

We are seeking a highly analytical and experienced Senior Cost & Project Control Engineer to manage cost planning,financial forecasting, and project control activities for our constructionoperations in Oman. This role plays a critical function in aligning financial performance with project execution, maintaining cost discipline, and ensuring compliance with contract terms and reporting obligations. The ideal candidate should have over 8 years of experience in cost control within the construction industry—preferably on industrial or factory-typeprojects and demonstrate mastery in Microsoft Excel, cost modeling, and Earned Value Management (EVM).

The candidate must be capable of independentlydeveloping and managing detailed budgets, cost reports, payment applications,and claims documentation.

Key Responsibilities
  • Develop detailed project budgets in Excel, breaking down costs by labor, materials,equipment, and subcontractors.
  • Create andmanage cost-loaded project schedules aligned with baseline planning.
  • Preparecomparison tables for subcontractor/vendor quotations to ensure competitiveprocurement decisions.
  • Collaborate with the planning and procurement teams to ensure cost alignment with construction sequences and procurement timelines.
  • Track actualvs. budgeted costs and analyze variances with actionable insights.
  • Implement Earned Value Management (EVM) using Excel to generate CPI, SPI, EAC, and ETCmetrics.
  • Prepare anddeliver weekly and monthly financial reports including:
  • - Cash flow projections.
  • - Budget riskforecasts and sensitivity analysis.
  • Create dynamicdashboards and visual reports to support executive decision-making.
  • Evaluate commercial aspects of subcontractor and vendor offers.
  • Maintain costbenchmark databases for recurring material, labor, and equipment rates.
  • Conductcost-based scope alignment to prevent over-budget procurements.
  • Coordinate with procurement and contracts to validate market competitiveness.
Claims & Contract Management
  • Identify,prepare, and submit claims for variations and disruptions with complete documentation.
  • Manage interimpayment applications, ensuring timely certification and recovery.
  • Issuecost/time impact notices in accordance with contract conditions and deadlines.
  • Analyze costdeviations tied to direct and indirect costs, scope changes, and site conditions.
Financial Risk &Compliance
  • Maintainaudit-ready documentation, including timesheets, invoices, material receipts,and procurement logs.
  • Ensure adherence to contract terms regarding financial obligations, milestonepayments, and retention.
  • Support compliance audits and cost verifications conducted by clients or external parties.
  • Monitorexposure to financial risks and recommend mitigation strategies.
Reporting to Management
  • Reportregularly to the Cost Control Manager and Project Controls Lead.
  • Presentfinancial dashboards, cost trends, and budget status during management reviews.
  • Supportstrategic cost forecasting and financial health analysis of ongoing projects.
Requirements

Required Qualifications & Skills
  • Bachelor’sdegree in Civil Engineering, Construction Management, or a related field.
  • 8+ years of relevant experience in construction cost control and project financial management.
  • Advanced Microsoft Excel expertise, including:
  • - Pivottables, dynamic dashboards, and cost-tracking models.
  • - Automationusing formulas and macros (VBA knowledge is a plus).
  • Solid commandof Earned Value Management (EVM) principles (CPI, SPI, variance analysis).
  • Provencapability in claims preparation, cost negotiation, and variationsubstantiation.
  • Strong analytical skills and ability to interpret cost trends and performanceindicators.
  • Excellent verbal and written communication skills; fluent in English.
  • Abilitytowork independently and handle multiple priorities under pressure.
Preferred Qualifications
  • Professionalcertifications such as RICS, AACE CCE, or PMI-SP is an advantage.
  • Experience infactory, warehouse, or industrial project environments.
  • Familiarity with ERP systems or cost control software is an advantage.
  • Knowledge of Power BI, Tableau, or other BI tools for cost visualization is a plus.
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Position Requirements
10+ Years work experience
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