Cost Control Section Head (HQ)
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About the Role
This role focuses on managing and optimizing project and operational costs to ensure strong financial performance. You will be responsible for monitoring budgets, analyzing financial data, and identifying opportunities for cost savings and efficiency improvements.
Key Skills for This Role
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Overview
- This role focuses on managing and optimizing project and operational costs to ensure strong financial performance.
- You will be responsible for monitoring budgets, analyzing financial data, and identifying opportunities for cost savings and efficiency improvements.
- Working closely with project managers and internal teams, you will track expenditures, review financial documents, and ensure compliance with company policies.
- You will also support claims and variation analysis, prepare reports and forecasts for management, and contribute to continuous improvement initiatives.
- In addition, you will guide and mentor team members while ensuring all activities align with company standards and best practices.
- Develop and implement cost control strategies and procedures to ensure effective financial management.
- Monitor and analyze financial data to identify cost-saving opportunities and improve profitability.
- Prepare and present financial reports, budget forecasts, and variance analysis to senior management.
- Coordinate with project managers and department heads to track and control projects costs.
- Review and approve purchase orders, invoices, and expense reports to ensure compliance with company policies and budget limits.
- Conduct regular audits of financial records and procedures to identify and resolve discrepancies.
- Train and mentor cost control staff to ensure their understanding of cost control processes and procedures.
- Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency.
- Manage & support Claims & Variations study, analysis and evaluation.
- Stay updated on industry trends, regulations, and best practices in cost control and financial analysis.
- Provide guidance and support to the finance team on cost control matters.
- Informs themselves of the relevant Quality, Environmental, Safety and Occupational Health Policies, Manuals and Procedures in place within Hill International, and ensures continued compliance with these requirements while employed by Hill.
- Perform other duties as assigned by the line manager/supervisor.
- Bachelor in engineering from an accredited university.
- Minimum 20 years’ experience in cost control including having been a cost manager for large-scale projects.
- Experience in performing, monitoring, and reviewing cost engineering functions, including cost estimating, cost control, financial reporting systems, and cost analysis, in the field and the home office.
- Demonstrated ability to plan, organize, direct, perform, review, and present cost engineering and cost estimating products. This includes planning and scheduling products independently with minimal supervision using a high level of professional judgment and knowledge related to technical planning and scheduling skills and engineering design and construction practices.
- Skilled in verbal and written communication.
- Advanced level of knowledge of engineering, procurement, contracts, construction, and startup work processes.
- Extensive experience in producing projects cash flow forecast.
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