Cost Management Professional

2 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia CARE Full time
Key Responsibilities
  • Cost Management: Develop and implement cost control procedures and best practices for projects. Review detailed cost estimates and support in developing cost baseline for projects using estimate to budget conversion. Monitor ongoing projects expenses and conduct regular cost forecasting to prompt potential deviations to the budget. Analyze cost data and provide insights to project teams and management. Collaborate with project managers to track and report on financial performance. Prepare and present detailed cost reports to senior management, highlighting any variances, potential overruns, and recommended actions.
  • Risk Management: Conduct risk analysis and advise on cost implications of project change. Implement cost risk management frameworks and tools for project teams to use in daily operations. Ensure consistent risk reporting and a monthly risk meeting, including communicating major risks to senior leadership. Promote a culture of proactive risk identification and response within the project cost control teams.

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