Cost Control Specialist

3 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Pico Play Full time

Key Responsibilities:

  • Cost Management:
  • Develop and manage comprehensive budgets for projects, ensuring accurate cost control through proactive monitoring and reporting.
  • Conduct detailed cost estimates and planning for project phases, mitigating potential overruns and ensuring timely delivery.
  • Manage and assess subcontractor invoices and payments, maintaining a strong working relationship with stakeholders.

Contract Administration:

  • Draft, review, and negotiate contracts and agreements with clients, contractors, and suppliers, ensuring compliance with legal, regulatory, and corporate policies.
  • Maintain accurate records of contractual correspondence and documentation, facilitating seamless communication and collaboration.
  • Effectively manage variations and claims from contractors and suppliers, resolving disputes and issues regarding contract terms and conditions.

Risk Management:

  • Proactively identify and evaluate project risks, proposing mitigation strategies to minimize impact and ensure project success.
  • Monitor risk management efforts throughout the project lifecycle, ensuring continuous improvement and effective implementation.

Reporting:

  • Prepare and present regular reports on project financial status, including cost projections, actuals, and variances, providing actionable insights to stakeholders.
  • Maintain accurate and up-to-date records of project costings, procurement, and contracts, facilitating informed decision-making.


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