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
Qualification/Experience:
- 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
