Cost Estimation & Budgeting:
- Prepare detailed cost estimates for projects, including materials, labor, equipment, and subcontractor costs.
- Develop and monitor project budgets, ensuring alignment with financial constraints and forecasts.
- Identify cost-saving opportunities without compromising quality or project objectives.
2. Cost Tracking & Analysis:
- Monitor actual costs vs. budgeted costs, identifying variances and potential risks.
- Conduct cost trend analysis and report deviations to management.
- Maintain cost breakdown structures (CBS) for accurate financial reporting.
3. Financial Reporting & Documentation:
- Generate weekly/monthly cost reports and present key findings to stakeholders.
- Maintain detailed cost records for auditing and reference purposes.
- Support the forecasting and cash flow analysis process to ensure financial stability.
4. Risk Management & Cost Control:
- Identify potential financial risks and recommend strategies to mitigate them.
- Ensure that project expenditures comply with contractual obligations and company policies.
- Assist in the review of change orders, claims, and contract variations.
5. Collaboration & Coordination:
- Work closely with procurement, finance, and project teams to align cost management strategies.
- Review supplier and subcontractor invoices to ensure cost accuracy.
- Support cost negotiations and provide recommendations for cost efficiency.
6. Process Improvement & Compliance:
- Implement cost control procedures and best practices to enhance project financial management.
- Stay updated on industry trends, inflation rates, and cost estimation techniques.
- Ensure compliance with financial regulations, contract terms, and internal policies
Job Details
| Posted Date: | 2025-03-19 |
| Job Location: | Egypt - Cairo - Heliopolis |
| Job Role: | Engineering |
| Company Industry: | Recruitment & Employee Placement Agency |
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