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Cost Control Manager
Unknown
Riyadh Region, KSA
Contract
Director
Onsite
Discovered 1 weeks ago
BudgetingCost estimationFinancial analysisFinancial reportingCost controlRisk assessment and mitigation
Free
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BudgetingCost estimationFinancial analysis
Role Overview
Ensure the financial health of projects through budgeting, cost estimation, expenditure monitoring, variance analysis, and financial control.
Implement cost control systems and strategies to optimize resource allocation and financial efficiency.
Key Skills for This Role
BudgetingCost estimationFinancial analysisFinancial reportingCost controlRisk assessment and mitigation
Full Job Posting
Job Summary
Ensure the financial health of projects through budgeting, cost estimation, expenditure monitoring, variance analysis, and financial control.
Implement cost control systems and strategies to optimize resource allocation and financial efficiency.
Responsibilities
- Develop project and departmental budgets aligned with organizational financial goals.
- Prepare cost estimates that include potential expenses and risks.
- Track expenditures and compare actual costs with budgeted amounts.
- Analyze variances and recommend corrective actions.
- Prepare financial reports for senior management and stakeholders.
- Maintain cost control systems and procedures.
- Identify financial risks and develop mitigation strategies.
- Review contracts for financial compliance and cost issues.
- Coordinate financial matters with project managers, finance teams, and stakeholders.
- Improve cost control practices and processes.
- Support HSE initiatives, safety awareness, and incident reporting.
Knowledge and Skills
- Expertise in budgeting, cost estimation, and financial analysis.
- Strong analytical skills for interpreting financial data and cost variances.
- Knowledge of financial risk assessment and mitigation.
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