Cost Management Analyst

4 days ago

Doha, Baladīyat ad Dawḩah, Qatar Bounty Hunter World Full time
Job Description

The Cost Control Specialist (Reporting / Invoicing) plays a pivotal role in maintaining effective cost control systems within Bounty Hunter World. This position supports the project management team by providing accurate financial data, variance analysis, and forecasts to ensure that project costs remain within approved parameters.

This specialist is responsible for handling invoicing processes, ensuring timely and accurate billing in compliance with contract terms. Key responsibilities include:

  • Developing and implementing cost control procedures to monitor project expenditures, commitments, and invoicing.
  • Preparing and distributing regular cost control reports, including budget status, cost variances, and forecasts.
  • Managing the invoicing process, ensuring all project costs are accurately captured and billed in a timely manner.
  • Analyzing cost data to identify trends, variances, and areas of concern, providing insights and recommendations for corrective actions.
  • Assisting in the preparation of cash flow forecasts and budget adjustments based on project changes and actual performance.
  • Collaborating with project managers, procurement, and finance teams to ensure accurate cost allocation and reporting.
  • Reviewing contractor and supplier invoices for accuracy and compliance with contract terms before processing.
  • Maintaining cost control databases and ensuring data integrity and consistency in all financial reports.
  • Supporting the project team during audits, providing documentation and clarifications as required.
  • Ensuring adherence to company policies, procedures, and contractual obligations related to cost management and invoicing.

Requirements

  • Bachelor's degree in Finance, Accounting, Engineering, or a related field.

Certifications / Specialization / IT Skills

  • Proficient in cost control software (e.g., SAP, Oracle) and MS Office applications, especially Excel.
  • Certification in Cost Engineering (e.g., AACE CCP) or related qualification is an advantage.

Years of Experience

  • Minimum 7 years of experience in cost control, financial reporting, or invoicing in the construction, oil & gas, or EPC industry.

Technical Knowledge

  1. Cost Management: Strong understanding of cost control principles, including budgeting, forecasting, variance analysis, and financial reporting. Experience with cost data integration and reporting in large-scale projects.
  2. Invoicing and Financial Processes: Proven experience in managing invoicing processes, including reviewing, validating, and coordinating with finance teams to ensure timely and accurate billing.

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