Senior Cost Controller

Confidential Company

Employer Active

Posted 27 min ago

Experience

7 - 13 Years

Job Location

Abu Dhabi - United Arab Emirates (UAE)

Education

Master of Commerce(Commerce), MBA/PG Diploma in Business Mgmt(Finance), Chartered Financial Analyst(Finance), Chartered Accountant(Chartered Accountant)

Nationality

Any Nationality

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  • Develop and implement comprehensive cost control strategies to optimize project budgets and minimize financial risks.
  • Analyze project expenditure and variances to provide actionable insights for senior management and project teams.
  • Prepare detailed cost reports and forecasts that highlight key financial metrics and trends for ongoing projects.
  • Collaborate with cross-functional teams to ensure alignment on budgetary expectations and identify cost-saving opportunities.
  • Conduct regular audits of project costs to ensure compliance with financial policies and procedures.
  • Utilize advanced financial modeling techniques to support strategic decision-making and resource allocation.
  • Maintain a robust database of historical cost data to enhance future budgeting accuracy and forecasting.
  • Coordinate with procurement to evaluate supplier contracts and ensure cost-effective purchasing decisions.
  • Train and mentor junior cost control staff to enhance their skills and improve departmental performance.
  • Present cost analysis findings to stakeholders, articulating the financial implications of project decisions.

Desired Candidate Profile

  • Bachelor's degree in Finance, Accounting, or a related field; a master's degree is highly preferred.
  • Professional certifications such as CPA, CMA, or equivalent are essential for credibility.
  • A minimum of 7 years of relevant experience in cost control or financial analysis, ideally in construction or engineering sectors.
  • Experience with large-scale projects and a proven track record of managing complex budgets effectively.
  • Proficiency in financial software, such as SAP, Oracle, or advanced Excel for data analysis.
  • Strong analytical skills with the ability to interpret complex financial data and make informed recommendations.
  • Excellent communication skills to articulate financial concepts clearly to non-financial stakeholders.
  • A proactive mindset with exceptional problem-solving abilities to address financial discrepancies swiftly.
  • Cultural sensitivity and the ability to work in diverse teams; familiarity with international finance practices is a plus.
  • Fluency in English is required; proficiency in additional languages is an advantage for global project coordination.

Employment Type

    Full Time

Company Industry

  • Construction
  • Civil Engineering

Department / Functional Area

  • Engineering

Keywords

  • Budget Analyst
  • Cost Manager
  • Cost Analyst

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Confidential Company