Assistant Director - Cost Control & Budgeting - Dubai Holding Real Estate

**Refined Job Description:**

Dubai Holding Real Estate, a prominent player in the real estate industry of Dubai, is dedicated to crafting strategic destinations and communities that cater to the diverse lifestyle needs of residents and visitors. As a master developer, we prioritize sustainable infrastructure, community amenities, and family-focused facilities to create vibrant living spaces. Our integrated real estate services encompass land sales, project management for large-scale developments, and top-tier facilities management.

We are currently seeking an Assistant Director - Cost Control & Budgeting to join our esteemed team at Dubai Holding Real Estate. This pivotal role involves optimizing the financial performance of real estate projects by ensuring adherence to approved budgets and contractual obligations. The Assistant Director will collaborate with Development Directors on budget preparation, monitor project costs throughout their lifecycle, identify variances, and recommend corrective actions to safeguard financial objectives.

The ideal candidate for this position will possess a Bachelor's degree in Civil Engineering (Master's degree preferred) along with 10-12 years of relevant experience in the UAE market. Proficiency in areas such as tendering, procurement, cost analysis, budgeting, and financial reporting is essential. Strong analytical skills coupled with advanced Excel proficiency are required for effective budgeting and forecasting. The successful candidate will demonstrate exceptional leadership qualities, excellent communication skills, and a proactive approach to problem-solving.

Join us at Dubai Holding Real Estate and be part of a dynamic team committed to your professional growth and well-being. We offer competitive compensation packages, career development opportunities, and a collaborative work environment that fosters innovation. If you are a forward-thinker looking to make a significant impact on the future of Dubai's real estate landscape, we invite you to apply for this rewarding opportunity as an Assistant Director - Cost Control & Budgeting at Dubai Holding Real Estate.

• Minimum of 10 to 12 years experience in a similar field in UAE
• Experience working on large master plan communities in Dubai/UAE
• Experience in tendering, procurement, cost analysis, budgeting, and financial reporting
• Bachelor’s degree in Civil Engineering
• Master's degree preferred
• Strong analytical skills with advanced proficiency in Excel and reporting/software tools

• Support Development Directors across projects to prepare annual budgets
• Manage cost control procedures and systems to monitor project budgets and expenditure
• Identify cost variances and recommend corrective actions to mitigate financial risks
• Negotiate with vendors and suppliers to achieve cost savings while maintaining quality standards

• Budgeting
• Cost Control
• Financial Reporting
• Procurement
• Negotiation

Seniority Level: Senior Level

• Assistant Director

Job Functions: Finance

• Cost Control
• Budgeting

Industries : Real Estate

• Construction
• Property Management