We are hiring Cost Controller - WSP

Your new role, what's involved?

• Cost Planning and Budgeting:
• Develop comprehensive project cost plans and budgets in collaboration with project managers and stakeholders, considering all civil engineering aspects of the project.
• Conduct detailed cost estimates for civil engineering activities, including site preparation, earthworks, structural works, utilities, and infrastructure development.
• Cost Monitoring and Analysis:
• Monitor project costs throughout the project lifecycle, tracking expenditures, analyzing variances against budgets, and identifying potential cost risks or deviations.
• Implement effective cost control measures to mitigate risks and optimize project financial performance, ensuring adherence to budgetary constraints.
• Forecasting and Reporting:
• Prepare accurate and timely financial forecasts, cost reports, and expenditure analyses, providing regular updates to project teams and management.
• Highlight key cost drivers, trends, and potential impacts on project schedule and profitability, facilitating informed decision-making.
• Change Management:
• Evaluate and assess the financial impact of project changes, including scope changes, variations, and contract amendments, on civil engineering activities.
• Collaborate with project stakeholders to document, approve, and track change orders effectively, ensuring alignment with project objectives and budget constraints.
• Risk Management:
• Identify and assess financial risks and opportunities associated with civil engineering works, such as material price fluctuations, labor shortages, and unforeseen site conditions.
• Develop risk mitigation strategies and contingency plans to address potential cost impacts and ensure project delivery within established parameters.
• Cost Control Systems:
• Implement and maintain robust cost control systems, tools, and procedures to streamline cost management processes and enhance data accuracy and integrity.
• Ensure compliance with company policies, procedures, and industry standards related to project cost management and reporting.
• Stakeholder Communication:
• Establish and maintain effective communication channels with project stakeholders, including clients, contractors, and internal teams, to provide regular updates on project costs and financial performance.
• Build strong relationships based on trust, transparency, and accountability, fostering collaboration and alignment towards project objectives.

Job Details

Posted Date:	2024-02-22
Job Location:	Saudi Arabia - Riyadh
Job Role:	Accounting and Auditing
Company Industry:	Construction & Building

Preferred Candidate

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