Cost Control Engineer - Project Controls
Posted date [2026-06-27]
(ID: 47158)
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Founded in 1971, ADNOC is a leading diversified energy group, wholly owned by the Abu Dhabi Government. Our network of fully integrated businesses operates across the energy value chain, helping us to responsibly meet the demands of an ever-changing energy market.
Already in the top tier of the lowest carbon intensity oil and gas producers in the world, we are taking significant steps to make today’s energy cleaner while investing in the clean energies of tomorrow, strengthening our position as a reliable and responsible global energy provider. We are allocating an initial $23 billion to advance and accelerate lower-carbon solutions, investing in new energies and decarbonization technologies to enable our net zero by 2045 ambition and our commitment to zero methane emissions by 2030. ... |
Job Description and Requirements
Cost Control Engineer - Project ControlsJob Snapshot
Role: Cost Control Engineer - Project Controls
Location: Abu Dhabi Emirate, United Arab Emirates
Industry: Oil and Energy
Function: Budgeting/Cost Control
Experience: Minimum 8 years in cost control for large oil and gas projects
Job Type: Full-time
Position Overview
Cost Control Engineer - Project Controls in Abu Dhabi Emirate, United Arab Emirates is an Oil and Energy hiring opportunity focused on project cost control, forecasting, budget management, VOWD validation, variation review, and cost reporting for major oil and gas projects. This role supports project management and stakeholders by maintaining accurate cost data, ensuring reliable final forecast cost, controlling commitments, reviewing contractor submissions, and providing clear cost performance insight for timely project decisions.
Job Details
Country: United Arab Emirates
City: Abu Dhabi Emirate
Industry: Oil and Energy
Function: Budgeting/Cost Control
Salary: 28000-38000
Estimated salary range based on similar jobs
in the job city; please confirm the final offer with the employer.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
The Cost Control Engineer - Project Controls will help maintain strong financial discipline across project execution by reviewing budgets, commitments, forecasts, VOWD, change control, cost phasing, invoices, and contractor cost submissions. The position is central to project controls because it converts complex cost data into accurate reports, variance explanations, budget utilization updates, and management recommendations. By coordinating with project management, procurement, finance, consultants, PMCs, contractors, and ADNOC reporting teams, the role supports cost transparency, contract compliance, and effective control of capital and operating budgets.
Key Responsibilities
* Review and manage project cost control activities covering budgets, commitments, VOWD, forecasts, change control, source currency cost phasing, and cost reporting.
* Maintain cost management tools, cost logs, cost registers, and project reports with accurate and complete cost data.
* Provide assurance to project management that final forecast cost and value of work done are accurate, current, and supported by proper documentation.
* Prepare commentary and practical insight on cost performance, cost trends, forecast changes, budget utilization, and variance movements.
* Support monthly coordination and consolidation of project cost information for management review and project controls reporting.
* Provide weekly and monthly cost input for overall project controls reports, dashboards, summaries, and governance updates.
* Coordinate with procurement and finance teams to clarify roles, improve cost coding accuracy, and support smooth cost management workflows.
* Ensure correct coding of requisitions, purchase orders, contracts, invoices, estimates, payment records, and project cost documents.
* Develop and maintain required cost logs and registers in line with approved procedures, guidelines, and project controls requirements.
* Monitor contractor compliance with contractual cost control obligations and cost requirements defined in contract call-offs.
* Support verification of contractor and supplier invoices for payment through approved payment certificates and supporting documentation.
* Investigate and analyze cost data to prepare reports highlighting budget utilization, cost variance, forecast risk, and corrective action requirements.
* Evaluate contractor variation requests and claims through detailed review of cost submissions, entitlement, assumptions, supporting documents, and contractual rates.
* Prepare counter estimates for variations using contract schedules of unit rates, approved scope details, cost benchmarks, and project assumptions.
* Submit clear recommendations to management for approval of variations, claims, estimates, and cost-related decisions.
* Prepare monthly cost status reports and periodic project cost information reports for ADNOC review.
* Support preparation and update of annual capital and operating budgets for the Projects Group.
* Review cost estimates submitted by Pre-FEED engineers, FEED engineers, PMCs, consultants, and contractors.
* Apply oil and gas cost control standards, budgeting principles, estimation techniques, and project governance requirements in all cost reviews.
* Identify potential overruns, cost coding issues, forecast gaps, estimate weaknesses, and control risks, then escalate with practical recommendations.
* Maintain auditable project cost records and ensure all reporting outputs are consistent, traceable, and aligned with approved procedures.
Ideal Profile
* Bachelor Degree in Engineering or an equivalent professional qualification.
* Minimum 8 years of experience in cost control for large projects within the Oil and Energy sector.
* Strong experience in project cost control, cost estimation, budgeting, forecasting, VOWD tracking, commitment reporting, and change control.
* Solid exposure to oil and gas project environments, including Pre-FEED, FEED, PMC, contractor, consultant, and major capital project interfaces.
* Thorough understanding of cost control principles, project budgeting, cost estimation methods, invoice verification, cost phasing, and variance analysis.
* Proven experience preparing and reviewing cost estimates submitted by Pre-FEED engineers, FEED engineers, PMCs, consultants, and contractors.
* In-depth knowledge of oil and gas industry codes, standards, contract cost requirements, unit rates, and project controls practices.
* Ability to evaluate variation requests, contractor claims, counter estimates, payment certificates, and cost-related contractual submissions.
* Cost estimation and cost control certification such as ACE is desirable.
* Working experience with cost estimation software such as k-base,
Risk, or similar tools is desirable.
* PMP certification is preferred.
* Strong analytical skills with the ability to interpret complex cost data, explain movements, and provide management-ready recommendations.
* Able to coordinate effectively with project management, procurement, finance, contractors, consultants, PMCs, and internal stakeholders.
* Detail-focused approach to documentation, cost coding, reporting accuracy, contract compliance, and audit readiness.
* Comfortable working in a structured oil and gas project environment with strict reporting timelines and high-value project controls requirements.
Skills Set
* Project cost control
* Cost estimation
* Budgeting
* VOWD tracking
* Forecasting
* Commitment tracking
* Cost phasing
* Source currency reporting
* Change control
* Budget utilization analysis
* Cost variance analysis
* Cost reporting
* Monthly cost status reports
* Project controls reporting
* Cost logs
* Cost registers
* Requisition coding
* Purchase order coding
* Contract cost coding
* Invoice verification
* Payment certificates
* Contractor cost compliance
* Variation request evaluation
* Claims analysis
* Counter estimates
* Contractual unit rates
* Capital budget preparation
* Operating budget preparation
* Pre-FEED cost estimate review
* FEED cost estimate review
* PMC cost review
* Oil and gas project controls
* ACE certification
* PMP certification
* k-base
*Risk
* Procurement coordination
* Finance coordination
* ADNOC reporting
Why Join Us
This role offers an excellent opportunity for an experienced cost control professional to work on major oil and gas projects in Abu Dhabi Emirate, United Arab Emirates. The position provides exposure to high-value project controls, capital budget governance, contractor cost management, variation analysis, cost forecasting, and ADNOC reporting standards. It is a strong career step for someone who can combine engineering knowledge, cost discipline, analytical judgment, and stakeholder coordination within a complex Oil and Energy project environment.
About the Company
ADNOC Group is a leading energy company headquartered in Abu Dhabi, United Arab Emirates, with operations across the full oil and gas value chain. The group plays a key role in energy production, project development, industrial growth, and long-term economic value creation for the UAE. Through its major projects and operating divisions, ADNOC Group offers professionals the opportunity to contribute to technically complex Oil and Energy programs where cost control, governance, safety, reliability, and project performance are critical to successful delivery.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
The Cost Control Engineer - Project Controls will help maintain strong financial discipline across project execution by reviewing budgets, commitments, forecasts, VOWD, change control, cost phasing, invoices, and contractor cost submissions. The position is central to project controls because it converts complex cost data into accurate reports, variance explanations, budget utilization updates, and management recommendations. By coordinating with project management, procurement, finance, consultants, PMCs, contractors, and ADNOC reporting teams, the role supports cost transparency, contract compliance, and effective control of capital and operating budgets.
Key Responsibilities
* Review and manage project cost control activities covering budgets, commitments, VOWD, forecasts, change control, source currency cost phasing, and cost reporting.
* Maintain cost management tools, cost logs, cost registers, and project reports with accurate and complete cost data.
* Provide assurance to project management that final forecast cost and value of work done are accurate, current, and supported by proper documentation.
* Prepare commentary and practical insight on cost performance, cost trends, forecast changes, budget utilization, and variance movements.
* Support monthly coordination and consolidation of project cost information for management review and project controls reporting.
* Provide weekly and monthly cost input for overall project controls reports, dashboards, summaries, and governance updates.
* Coordinate with procurement and finance teams to clarify roles, improve cost coding accuracy, and support smooth cost management workflows.
* Ensure correct coding of requisitions, purchase orders, contracts, invoices, estimates, payment records, and project cost documents.
* Develop and maintain required cost logs and registers in line with approved procedures, guidelines, and project controls requirements.
* Monitor contractor compliance with contractual cost control obligations and cost requirements defined in contract call-offs.
* Support verification of contractor and supplier invoices for payment through approved payment certificates and supporting documentation.
* Investigate and analyze cost data to prepare reports highlighting budget utilization, cost variance, forecast risk, and corrective action requirements.
* Evaluate contractor variation requests and claims through detailed review of cost submissions, entitlement, assumptions, supporting documents, and contractual rates.
* Prepare counter estimates for variations using contract schedules of unit rates, approved scope details, cost benchmarks, and project assumptions.
* Submit clear recommendations to management for approval of variations, claims, estimates, and cost-related decisions.
* Prepare monthly cost status reports and periodic project cost information reports for ADNOC review.
* Support preparation and update of annual capital and operating budgets for the Projects Group.
* Review cost estimates submitted by Pre-FEED engineers, FEED engineers, PMCs, consultants, and contractors.
* Apply oil and gas cost control standards, budgeting principles, estimation techniques, and project governance requirements in all cost reviews.
* Identify potential overruns, cost coding issues, forecast gaps, estimate weaknesses, and control risks, then escalate with practical recommendations.
* Maintain auditable project cost records and ensure all reporting outputs are consistent, traceable, and aligned with approved procedures.
Ideal Profile
* Bachelor Degree in Engineering or an equivalent professional qualification.
* Minimum 8 years of experience in cost control for large projects within the Oil and Energy sector.
* Strong experience in project cost control, cost estimation, budgeting, forecasting, VOWD tracking, commitment reporting, and change control.
* Solid exposure to oil and gas project environments, including Pre-FEED, FEED, PMC, contractor, consultant, and major capital project interfaces.
* Thorough understanding of cost control principles, project budgeting, cost estimation methods, invoice verification, cost phasing, and variance analysis.
* Proven experience preparing and reviewing cost estimates submitted by Pre-FEED engineers, FEED engineers, PMCs, consultants, and contractors.
* In-depth knowledge of oil and gas industry codes, standards, contract cost requirements, unit rates, and project controls practices.
* Ability to evaluate variation requests, contractor claims, counter estimates, payment certificates, and cost-related contractual submissions.
* Cost estimation and cost control certification such as ACE is desirable.
* Working experience with cost estimation software such as k-base,
Risk, or similar tools is desirable.* PMP certification is preferred.
* Strong analytical skills with the ability to interpret complex cost data, explain movements, and provide management-ready recommendations.
* Able to coordinate effectively with project management, procurement, finance, contractors, consultants, PMCs, and internal stakeholders.
* Detail-focused approach to documentation, cost coding, reporting accuracy, contract compliance, and audit readiness.
* Comfortable working in a structured oil and gas project environment with strict reporting timelines and high-value project controls requirements.
Skills Set
* Project cost control
* Cost estimation
* Budgeting
* VOWD tracking
* Forecasting
* Commitment tracking
* Cost phasing
* Source currency reporting
* Change control
* Budget utilization analysis
* Cost variance analysis
* Cost reporting
* Monthly cost status reports
* Project controls reporting
* Cost logs
* Cost registers
* Requisition coding
* Purchase order coding
* Contract cost coding
* Invoice verification
* Payment certificates
* Contractor cost compliance
* Variation request evaluation
* Claims analysis
* Counter estimates
* Contractual unit rates
* Capital budget preparation
* Operating budget preparation
* Pre-FEED cost estimate review
* FEED cost estimate review
* PMC cost review
* Oil and gas project controls
* ACE certification
* PMP certification
* k-base
*
Risk* Procurement coordination
* Finance coordination
* ADNOC reporting
Why Join Us
This role offers an excellent opportunity for an experienced cost control professional to work on major oil and gas projects in Abu Dhabi Emirate, United Arab Emirates. The position provides exposure to high-value project controls, capital budget governance, contractor cost management, variation analysis, cost forecasting, and ADNOC reporting standards. It is a strong career step for someone who can combine engineering knowledge, cost discipline, analytical judgment, and stakeholder coordination within a complex Oil and Energy project environment.
About the Company
ADNOC Group is a leading energy company headquartered in Abu Dhabi, United Arab Emirates, with operations across the full oil and gas value chain. The group plays a key role in energy production, project development, industrial growth, and long-term economic value creation for the UAE. Through its major projects and operating divisions, ADNOC Group offers professionals the opportunity to contribute to technically complex Oil and Energy programs where cost control, governance, safety, reliability, and project performance are critical to successful delivery.
