Cost Control Manager
4 weeks ago
The ideal candidate should hold a bachelor's or master's degree in civil or architectural Engineering from an internationally recognized university.
Minimum 15 years of experience in construction management (PMC) of large multi-site projects.
Key Responsibilities:
- Develop and implement comprehensive cost management strategies aligned with organizational objectives, ensuring a proactive approach to identifying and capitalizing on cost-saving opportunities.
- Analyze budgetary data with precision, tracking expenditures and variances to maintain financial discipline. Provide regular and insightful reports to executive leadership, enabling informed decision-making.
- Collaborate across business units to enhance cost-efficiency in operational processes. Identify and implement measures to streamline workflows without compromising quality or productivity.
- Conduct thorough financial analyses to identify trends, assess the impact of cost drivers, and provide actionable insights to support key business decisions.
- Liaise with cross-functional teams to facilitate a holistic understanding of cost dynamics. Provide financial expertise and collaborate on initiatives that align cost considerations with broader business goals.
- Establish, refine, and enforce robust cost control frameworks. Develop and implement policies and procedures to govern cost-related activities, fostering a culture of financial responsibility.
- Optimize the allocation of financial resources by assessing the efficiency and effectiveness of various investments and expenditures.
- Conduct in-depth variance analyses to identify deviations from budgeted costs and formulate corrective actions to address discrepancies.
- Utilize forecasting models to predict future cost trends and facilitate proactive decision-making. Provide accurate and timely financial forecasts to support overall business planning.
- Ensure adherence to financial regulations, accounting standards, and internal policies. Implement measures to mitigate financial risks and maintain compliance with relevant regulatory requirements.
- Effectively communicate financial insights and cost-related information to stakeholders, fostering a transparent and collaborative environment.
- Drive a culture of continuous improvement by identifying areas for optimization, implementing best practices, and staying abreast of industry trends and benchmarks.
- Identify and assess financial risks associated with cost structures. Develop and implement risk mitigation strategies to safeguard the organization's financial stability.
- Establish and monitor key performance indicators (KPIs) related to cost control and financial management. Regularly assess and report on the achievement of established metrics.
Mid-Senior level
Employment typeFull-time
Job functionConsulting
IndustriesConstruction
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