Job Description

Job Description

Managerial Responsibilities:


  • Governance & Compliance: Ensure adherence to internal cost control frameworks, audit protocols, and financial governance across all post-contract activities.
  • Stakeholder Management: Interface with Development, Finance, and Project Delivery teams to align cost control objectives with project and corporate goals.
  • Team Oversight: Lead and mentor cost engineers or quantity surveyors assigned to post-contract works, ensuring timely reporting and issue resolution.


Direct Functional Responsibilities:


  • Cost Monitoring & Reporting: Track actual costs vs. budget across all packages, prepare monthly cost reports, and flag deviations with root-cause analysis.
  • Change Management: Evaluate and validate contractor claims, variations, and change orders, ensuring alignment with contract terms and budget impact.
  • Forecasting & Cash Flow: Maintain rolling forecasts and cash flow projections based on committed and anticipated expenditures.
  • Final Account Closure: Lead the reconciliation and closure of final accounts, ensuring all contractual obligations are met and documented.
  • System & Data Integrity: Maintain cost data accuracy in ERP or cost management systems (e.g., Oracle, SAP, Candy, or bespoke platforms).


Job Details

Role Level: Mid-Level Work Type: Full-Time
Country: United Arab Emirates City: Dubai
Company Website: https://www.damacproperties.com Job Function: Finance
Company Industry/
Sector:
Real Estate

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About the Company

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