Cost Control Manager

The Cost Control Manager ensures the financial health of projects by developing, monitoring, and managing budgets. They provide accurate cost estimates, track expenditures, and identify variances to maintain financial control. Their role involves implementing effective cost control systems and strategies to optimize resource allocation and achieve financial efficiency.

• Track actual spending vs. budgeted amounts and analyse any differences.
• Review contracts to ensure financial terms are followed and resolve cost issues.
• Work closely with project managers, finance teams, and others to stay aligned.
• Suggest and implement improvements to cost control practices.
• Develop detailed budgets for projects and departments that align with company goals.
• Participate in safety initiatives and incident reporting in line with company policies.
• Identify financial risks and create plans to avoid cost overruns.
• Prepare accurate cost forecasts, including all potential expenses and risks.
• Set up and maintain systems to ensure financial accuracy and efficiency.
• Create financial reports with key metrics and trends for management.

• Strong budgeting, cost estimation, and financial analysis skills
• Strong communication and leadership skills
• The candidate should have over 8 years of total experience, including at least 5 years in a supervisory role, with 2 years of experience in the GCC region preferred.
• Bachelor's in finance, Accounting, Economics, Public or Business Administration
• Masters in Accounts and Finance (preferred)
• Knowledge of risk mitigation and contract management
• ERP experience (preferably SAP)
• Excellent analytical and reporting abilities