Cost Controller

1 week ago

Riyadh, Saudi Arabia Almashrik Contracting Company Full time

We are looking for Cost controller as following details:
5-10 years Experience in construction Project.

Immediate joining and capable to work any location in KSA

Job Responsibilities:

- Monitoring and updating cost estimates for projects to ensure that costs are within expected ranges
- Control and monitor total project expenditure.
- Verification of claims from suppliers/agencies/sub-contractors.
- Scheduling and monitoring
- Coordinate and work with Project Engineering team for delays/deliveries & resolve discrepancies if any.
- To ensure expenditures are kept within planned monthly budget and at any given point of time.
- Reviewing expense reports to ensure that expenses are reasonable and appropriate for the circumstances
- Coordinating with other departments such as human resources, payroll, accounting, and finance to ensure that all costs are accurately tracked
- Conducting cost analyses to identify areas where costs can be reduced or eliminated altogether
- Monitoring budgets to ensure that spending does not exceed approved levels
- Collecting cost data from suppliers or subcontractors to track material costs
- Preparing reports to management regarding costs and expenses
- Preparing bid estimates for new projects or bids on existing projects
- Managing supplier relationships to ensure that the company is receiving quality products at competitive prices
- Analysing variances on forecasted profits and expenses.
- Communicating with stakeholders.
- Visiting project sites to observe workflows.
- Planning and managing costs, project scope and scope changes.

Education Required:
**A relevant bachelor degree

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