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Project Control Manager

1 month ago

Dubai, Dubai, United Arab Emirates Albaddad Capital Full time

· Manage and monitor the costcontrol process to ensure that financial resources are utilizedeffectively and efficiently.

·Develop, review, and manage project or operationalbudgets.

· Prepare detailed costestimates and financial forecasts.

·Monitor and track expenditures to ensure alignment withbudget.

· Review and analyzecost-related data to maintain control over project and operationalexpenses.

· Develop Cost ControlPolicies and Procedures:

· Create andimplement comprehensive cost control policies and procedures tomanage expenses and optimize resourceallocation.

· Regularly update andrefine cost control practices to align with organizational goalsand industry standards.

· Collaboratewith project managers to ensure accurate budgeting, forecasting,and financial reporting.

· Workclosely with various departments to integrate cost control measuresinto their operational processes.

·Report to Senior Management on Financial Performance and CostControl Measures:

· Prepare andpresent detailed reports on financial performance, cost variances,and the effectiveness of cost controlmeasures.

· Provide senior managementwith insights and recommendations for improving financialperformance and controlling costs.

·Identify opportunities for cost reduction and processimprovements.

· Develop and implementcost control strategies and bestpractices.

· Generate and reviewfinancial reports, including cost summaries and varianceanalyses.

· Implement cost controlmeasures and procedures to manage and reducecosts.

· Manage and control the 3costing pilers of Project costing, Manufacturing Costing, Logisticscosting and Overhead costing.

·Maintain, develop and monitor the cost, Gross margins and expensebudgets on a regular bases flaggingvariances.

· Strongly influence andaudit the pricing mechanism in collaboration with Estimationdepartment and Management.

· Strongcollaboration with the ERP department for generation of livecosting and variances reports.

Qualifications

·Bachelor's degree in Finance, Accounting, BusinessAdministration, or a related field. (Master's degree orprofessional certification such as CPA or CMA is aplus.)

KeySkills
Cost Control
Employment Type : Full-time
Department / Functional Area: Cost Estimation
Experience: 2 Years - 0 Years years
Gender: Male
Vacancy: 1
Joining Date: Mon, 27Jan 2025