Cost Control Section Head (E2)
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Key skills for this role
About the Role
As a Cost Control Section Head, you will spearhead the development and implementation of cost control strategies that enhance financial management.
Key Skills for This Role
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Overview
- General Description of Role and Responsibilities:
- 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 projects 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 & support Claims & 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.
- Informs themselves of the relevant Quality, Environmental, Safety and Occupational Health Policies, Manuals
- and Procedures in place within Hill International, and ensures continued compliance with these requirements
- while employed by Hill.
- Perform other duties as assigned by the line manager/supervisor.
Qualifications, Experience, Knowledge and Skills
- 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 projects cash flow forecast.
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