Costing Supervisor

4 months ago


Umm alQuwain City, United Arab Emirates GULF CRAFT INC LLC Full time

Responsible to control and monitor project total expenditure including verifying and checking of invoices and claims from suppliers, vendors and subcontractors to ensure that all project expenditures are captured and properly recorded.
- Provide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes, etc
- Perform and manage project activity scheduling and monitoring
- Perform technical and commercial review of EPCI (Engineering Procurement Construction and Installation) long time tenders (subcontractor’s quotations) for the preparation of Service agreements
- Ensure effective project implementation and utilize productive reports from the creation of WBS (Work break down structure) with the use of project management system to monitor the status of all purchases, invoicing and delivery up to the closure of the project.
- Coordinate and work with the project management team to resolve project issues to ensure the delivery/completion of the project work.
- Attend project meetings and discussions with the PMT (Project Management Team) and external clients
- Perform project costing related reporting to the team and management’s review on a monthly basis to ensure that expenditures are kept within the project budget.
- Provide cost control and planning advice to the internal PMT as and when required.
- Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.
- Analyzing data collected and recording results
- Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
- Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
- Recording cost information for use in controlling expenditures
- Analyzing audits of costs and preparing reports
- Making estimates of new and proposed product costs
- Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
- Maintaining Cost Accounting System
- Assisting in Month end close of the General Ledger
- Conducts physical inventories and monitors cycle count program
- Reconciles finished goods inventories
- Any other tasks assigned by the Line Manager


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