Cost Control Manager

About the Job

• Assist the Project Managers to complete Projects on time and within the approved budget
• Create a schedule/cost/Risks assessment of all projects
• Work with client, project manager, and vendors to prepare technical and project cost documentation
• Analyze cost & revenue trends and reporting problems or potential problems to Executive Management
• Set‐up Cost Control System and Project Budget manual based on established Alkan Construction’s Chart of Accounts and Project Expense items
• Ensure regular and constant communication with operation, procurement and engineering functions during the preparation of the budget of the project as long as the project is in process
• Monitor the detailed construction progress of the project to ensure full adherence to work plans within agreed budget and resources
• Notify project managers of any under- or over-run in project costs, recommending courses of action.
• Assist the project manager in identifying and gaining approval of estimates/change requests
• Review cast commitments and expenditure information for all cost elements on a consistent basis and ensuring that all the information received is accurate and correctly input
• Conduct regular cost reports and advise management of any forecast cost overruns to allow corrective actions to be taken in a timely manner
• Highlight cost areas of concern and suggesting areas of improving
• Maintaining comprehensive accessible registers of financial approvals, variations, and change orders
• Liaise with the finance department to establish monthly evaluation of work done, logistics received, and services rendered for invoice preparation and verification
• Ensure the satisfaction and retention of the cost control team
• Provide regular performance management for subordinates including (Feedback, Coaching, career development, and disciplinary actions)