Senior Cost Control Manager UCC Baladna

Job Summary

The Senior Cost Control Manager oversees the areas of conceptual estimating, budget

development, cost planning and value management. This position is responsible for the Company wide cost plans, monitors and reports on the Company project cost plans, and monitors cost and

collects the cost data to ensure conformity with the Management's budget directives cost tracking,

forecasting; and financial reporting.

Job Responsibilities 1

Lead the development and management of comprehensive budgets for large-scale projects and

departments, ensuring alignment with organizational goals.

Supervise the preparation of detailed cost estimates, incorporating potential risks and ensuring

accuracy.

Oversee the continuous tracking of project expenditures, ensuring they stay within budget and

addressing any deviations.

Conduct thorough analysis of cost variances, identify root causes, and implement corrective

actions.

Prepare and present detailed financial reports to senior management, highlighting key metrics,

trends, and potential issues.

Identify financial risks associated with projects and develop strategies to mitigate them, ensuring

financial stability.

Review and manage complex contracts, ensuring compliance with financial terms and resolving

any cost-related disputes.

Implement and maintain advanced cost control systems and processes to enhance financial

oversight and efficiency.

Communicate effectively with project managers, finance teams, and senior executives, ensuring

alignment on financial objectives and strategies.

Lead and mentor a team of cost control professionals, fostering a culture of continuous

improvement and financial discipline.

Support the implementation of HSE initiatives, participate in safety awareness activities, and

contribute to incident reporting and resolution in alignment with company and IMS policies