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Cost Control Specialist
2 months ago
Key Responsibilities
Develop, maintain, and manage project cost control systems, procedures, and policies to ensure project costs are accurately reported and controlled.
Monitor and analyze project expenditures, including labor, materials, equipment, and subcontractors, to ensure alignment with the approved budget.
Prepare detailed cost reports, forecasts, and financial summaries for senior management to inform strategic decision-making.
Identify and report on variances and trends, providing recommendations for corrective actions to optimize project outcomes.
Collaborate with project managers and the finance team to develop and manage project budgets and cost baselines, ensuring alignment with business objectives.
Review project contracts, change orders, and claims for cost implications, ensuring compliance with company policies and procedures.
Conduct regular site visits to verify actual work progress and assess cost impacts, providing valuable insights for project stakeholders.
