Cost Controller

3 months ago


Dubai, United Arab Emirates Phoenician Technical Services L.L.C Full time

Budget Preparation and Management: Develop and maintain the project budget; forecast project costs based on historical data, market trends, and project specifics.
- Cost Monitoring and Reporting: Regularly monitor actual project expenditures against the budget and forecast future costs. Prepare detailed cost reports and financial summaries to present to project managers and senior management.
- Change Order Management: Evaluate the financial impact of changes in project scope, including additional work or alterations, and incorporate these into the project budget.
- Contract Management: Work closely with the procurement team to manage contracts, including reviewing bids, making recommendations, and ensuring contract compliance regarding project costs.
- Risk Analysis: Identify potential financial risks associated with project delays, cost overruns, and other issues. Develop and implement strategies to mitigate these risks.
- Collaboration with Project Teams: Work closely with project managers, engineers, architects, and other stakeholders to ensure cost objectives are met. Provide cost-related input and advice during project planning and execution phases.
- Financial Forecasting and Analysis: Use financial modeling to predict outcomes of project financial performance. Analyze variances between actual and budgeted or forecasted costs and recommend corrective actions.
- Process Improvement: Continually assess and improve cost control methods, tools, and processes to enhance the efficiency and accuracy of cost management.

Pay: From AED4,000.00 per month

Application Deadline: 23/09/2024


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