Cost Control Section Head (Saudization)
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Key skills for this role
About the Role
Develop and implement cost control strategies and procedures to ensure effective financial management. Monitor and analyze financial data to identify cost-saving opportunities a.
Key Skills for This Role
Responsibilities
- Develop and implement cost control strategies and procedures
- Monitor and analyze financial data to identify cost saving opportunities
- Prepare and present financial reports, budget forecasts, and variance analysis to senior management
- Coordinate with project managers and department heads to track and control project costs
- Review and approve purchase orders, invoices, and expense reports
- Conduct regular audits of financial records and procedures
- Train and mentor cost control staff
- Manage and support claims and variations study, analysis, and evaluation
Requirements
- Experience in cost control and financial management
- Strong analytical and reporting skills
- Experience with budget forecasting and variance analysis
- Knowledge of claims and variations study
- Leadership and mentoring abilities
Full Job Posting
Key Responsibilities
- 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 project 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.
- Perform other duties as assigned by the line manager/supervisor.
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