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Engineer; Cost Control

Job in Muscat, Oman
Listing for: Galfar Engg. & Contracting SAOG
Full Time position
Listed on 2026-11-06
Job specializations:
  • Finance & Banking
  • Engineering
Salary/Wage Range or Industry Benchmark: 15000 - 27000 OMR Yearly OMR 15000.00 27000.00 YEAR
Job Description & How to Apply Below
Position: Engineer (Cost Control)

Galfar Engg. & Contracting SAOG | Full time

Muscat, Sultanate of Oman | Posted on 11/03/2026

  • Salary Salary and benefits will be at par with the industry
  • Minimum Work Experience in Years 5
  • Qualification Bachelor’s Degree
  • City Muscat
  • State/Province Muscat
  • Country Sultanate of Oman
Job Description
  • Oversee and monitor the budget of projects, compare the actual cost with the budget and analyze any major deviations from budget.
  • Familiar with all individual cost elements of the budget to ensure accurate monitoring of costs.
  • Activity based cost analysis and preparation of master budget for the project.
  • Prepare monthly costing against the scheduled work with proper resource estimation and its monitoring
  • Prepare the resource productivity bench mark for all major activities and resources and monitor against actuals and provide feedback to the management and project team.
  • Analyse material cost, Manpower cost, plant cost, fuel cost, sub contract cost etc on a day to day basis and correctly allocate to prime activities it belong to.
  • Raise red flags and major risks discovered (based on costs incurred and other financial criteria)
  • Analyze costs of sub-contracts involved in the project and compare actual subcontractor costs with budgeted costs.
  • Prepare the cash flow forecast under consideration of the expected flow of funds .
  • Verify invoices and claims from suppliers and subcontracts to properly capture and record all project expenditures
  • Coordinate with procurement to check purchases against budget
  • Analyse and provide the cost deviations reports and improvement measures to curb the cost overrun on a regular basis.
  • Prepare CTC for the project and update the same quarterly
  • Provide cost control and planning advise to the project team as required
  • Develop monthly financial project report comparing actual incurred costs against plans with variance analysis for management reviews.
Requirements

Bachelor’s Degree in Civil Engineering

Minimum 5 Years as Cost controller with Main Contracting company mandatory

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