Cost Controller

avua


Date: 2 days ago
City: Jeddah
Contract type: Full time

Note: This is for one of our clients, not avua directly


  • Develop detailed cost estimates for projects, including materials, labor, equipment, and overheads.
  • Prepare budget forecasts and work with project teams to set cost targets.
  • Monitor project budgets and track expenditures.
  • Ensure that costs are kept within approved limits and report any deviations.
  • Prepare regular financial reports, including cost status, budget variances, and cash flow forecasts.
  • Provide detailed analysis and explanations for any cost discrepancies.
  • Implement and maintain cost control systems and procedures.
  • Review and approve cost allocations, expenditures, and invoices.
  • Conduct regular cost audits and ensure compliance with financial policies and procedures.
  • Work closely with project managers to ensure financial aspects of projects are managed effectively.
  • Provide financial support and guidance to project teams.
  • Assist in contract negotiations and manage financial aspects of contracts.
  • Identify potential financial risks and develop mitigation strategies.
  • Monitor and manage project contingencies.


Qualifications:

  • Bachelor’s degree in Finance, Accounting, Engineering, Construction Management, or a related field.
  • Professional certification (e.g., CMA, CPA) is an advantage.
  • Proven experience as a Cost Controller in the engineering or construction industry.
  • Strong knowledge of financial and cost control principles, practices, and procedures.
  • Proficiency in cost management software and financial systems.
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.

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