Cost Control Manager

Confidential Company

Posted 30+ days ago

Experience

12 - 15 Years

Job Location

Abu Dhabi - United Arab Emirates (UAE)

Education

Bachelor of Technology/Engineering

Nationality

Any Nationality

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  • Analyse projects Commercial Handover Document (CHOD) and help the cost control team to prepare projects Execution Budget by Responsible Cost Centres
  • Supervise and oversee the budget controllers for preparation of Work Budget, analysis of Actual cost, preparation of accurate Forecast
  • Lead, supervise, co-ordinate and follows-up the cost control team that provides effective cost control of projects, operating centres & management
  • Liaison/ communication internally with all concerned depts. (PMT, Finance, Planning team, operating centres, QSs, etc.) to ensure adequate cost control services and optimum results
  • Analyse cost performance, address concerns and recommend corrective measures
  • Check and review all Project Work Budgets and Cost Control Reports
  • Analyse projects cost performance and cost trends, identify variances and initiate early warnings for the Sr. Management
  • Ensure project budget control/monitoring information is well maintained and knowledge is transferred to project management and commercial department
  • Closely collaborate with PMT, Finance dept., Contract dept. etc
  • Lead in developing Cost control systems, processes, procedures, standards, and automations.
  • Creating a synergy/cooperation within Departments (ex. Finance, Operations, Tendering, Procurement etc.) and work around timely fulfilling the Corporate requirements like Business plan/Revenue projections, Group receivable monitoring, Risk & Opportunities etc
  • Provide weekly/monthly/yearly financial reports (Business plans, Yearly Planned Budget, Earned Revenue, Revenue Forecast etc.) to Finance dept. /Project support dept. /GPE committee/Sr. management
  • Come up with creative and innovative ideas / alternatives in order to ensure a competitive cost control and efficient work plan
  • Actively engaged in mentoring and advising colleagues/subordinates to foster their professional development and contribute to the overall growth and success of the department as well as the company

Desired Candidate Profile

  • Minimum 12 years of experience in Estimation, Budget and Cost Control in related industries
  • Bachelor’s Degree in Engineering in a related discipline, or equivalent
  • Preferably with experience in heavy civil and infrastructure projects

Employment Type

    Full Time

Company Industry

  • Construction
  • Civil Engineering

Department / Functional Area

  • Engineering

Keywords

  • Budget Control
  • Budget Management
  • Budget Controller
  • Cost Control Management
  • Cost Control Manager
  • Project Cost Control
  • Cost Analysis
  • Cost Forecasting
  • Cost Control Specialist
  • Budget Manager

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Confidential Company

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