Senior Cost Control Manager
4 days ago
The Lead Cost Control is a critical role responsible for overseeing all aspects of project cost control. This involves developing and implementing cost control procedures, monitoring project costs, analyzing variances, and providing accurate and timely cost reporting to project management and stakeholders.
Key Responsibilities- Cost Control Systems: Establish and maintain effective cost control systems and procedures to ensure project costs are managed and controlled efficiently.
- Financial Analysis: Monitor project expenditures, commitments, and actual costs against the approved budget to identify variances and recommend corrective actions.
- Cost Forecasting: Develop and maintain accurate cost forecasts, providing timely cost reporting to support decision-making processes.
- Budget Development: Prepare detailed cost estimates and budgets, including the development of Work Breakdown Structures (WBS) and cost control plans.
- Collaboration: Collaborate with project teams to review and validate cost estimates, track changes, and ensure that all cost impacts are accurately captured.
- Education: Bachelor's degree in Engineering, Finance, Business Administration, or a related field.
- Certifications: Certification in Cost Control or Project Management, such as AACE CCP or PMI-PMP.
- Technical Skills: Proficiency in cost control software and advanced Excel skills.
- Experience: Minimum 10 years of experience in cost control, with at least 5 years in a lead role, preferably within the oil and gas, construction, or EPC industries.
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