Cost Control Section Head

Your tasks

• Develop and implement cost control strategies and procedures to ensure effective financial management.

• Monitor and analyze financial data to identify cost-saving opportunities and improve profitability.

• Prepare and present financial reports, budget forecasts, and variance analysis to senior management.

• Coordinate with project managers and department heads to track and control project costs.

• Review and approve purchase orders, invoices, and expense reports to ensure compliance with company policies and budget limits.

• Conduct regular audits of financial records and procedures to identify and resolve discrepancies.

• Train and mentor cost control staff to ensure their understanding of cost control processes and procedures.

• Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency.

• Manage and support claims and variations study, analysis, and evaluation.

• Stay updated on industry trends, regulations, and best practices in cost control and financial analysis.

• Provide guidance and support to the finance team on cost control matters.

• Inform themselves of the relevant quality, environmental, safety, and occupational health policies, manuals, and procedures in place within the company, and ensure continued compliance with these requirements while employed.

• Perform other duties as assigned by the line manager or supervisor.

Requirements

• Bachelor in engineering from an accredited university.

• Minimum 20 years’ experience in cost control including having been a cost manager for large-scale projects.

• Experience in performing, monitoring, and reviewing cost engineering functions, including cost estimating, cost control, financial reporting systems, and cost analysis, in the field and the home office.

• Demonstrated ability to plan, organize, direct, perform, review, and present cost engineering and cost estimating products. This includes planning and scheduling products independently with minimal supervision using a high level of professional judgment and knowledge related to technical planning and scheduling skills and engineering design and construction practices.

• Skilled in verbal and written communication.

• Advanced level of knowledge of engineering, procurement, contracts, construction, and startup work processes.

• Extensive experience in producing project cash flow forecasts.