Cost Control Specialist

Cost Control Specialist

Job Description

  • Studies, reviews and keeps abreast of project and department budgets.
  • Compares budgets and forecasts with actual results on a continuing basis.
  • Prepares the annual budgets for all projects undertaken by the Client.
  • Prepares the AFE's and provides information on the corresponding WBS's to F&A for setting up in SAP for all necessary projects.
  • Coordinates budget matters with construction managers, engineers and project managers.
  • Advises senior management of the status and various aspects of financial planning and budget matters.
  • Generates accurate and timely budgeting and forecasting reports in the format required by the Client, Government and partners.
  • Prepares and analyzes data for departmental and project budgets and consolidates information in required formats for monthly and annual reporting.
  • Works with and obtain services of various accounting personnel to accumulate, develop and consolidate cost statistics and information.
  • Provides review and advises Finance department on incorrect entries and facilitates corrections.
  • Preparation and submission to F&A for monthly project accruals.
  • Confers with accounting personnel to obtain additional background information to supplement reports submitted by them.
  • Develops the interpersonal skills needed to function effectively as a member of a team and to interface well with team members and other departments.
  • Provides assistance in other areas of the department whenever possible that may include tasks outside of area of expertise.
  • Applies Cost Control and other analytical techniques to quantify financial performance and projections.
  • Provides along with Project Controls, an accountability/audit trail of significant project decisions in order to minimize company's commercial risk.

Company Profile:

Salary: Not disclosed

Industry: Accounting / Finance

Functional Area: Account and Finance

Role Category: Others

Employment Type: Full time


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