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naukri

Senior Cost Control Manager

DAR AL RIYADH
Riyadh Region, KSA
15 20 Years
Onsite
Discovered 1 months ago
Project budgetingCost estimationCost monitoring and controlFinancial forecastingVariance analysisChange order management

Full Job Posting

Responsibilities

  • Collaborate with project managers and stakeholders to develop comprehensive project budgets.
  • Estimate costs across all project phases.
  • Implement systems to monitor project expenditures against approved budgets.
  • Review project costs and develop financial forecasts for current and upcoming projects.
  • Identify cost variations and take proactive corrective measures.
  • Conduct variance analysis and explain significant differences between actual and budgeted costs.
  • Manage change orders and assess their impact on project budgets.
  • Serve as a client contact for cost-related matters.
  • Prepare financial reports covering project status, cost trends, and forecasts.
  • Support internal and external audits with organised financial records.
  • Ensure compliance with financial regulations and reporting standards.
  • Recommend improvements to cost control processes and stay current on industry best practices.

Role Requirements

  • The role requires project cost management and financial control capability.
  • The role requires the ability to develop budgets, forecasts, variance analyses, and financial reports.
  • Knowledge of financial regulations and reporting standards is required.

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