Job description:
- The Project Cost Controller manages the cost control function. This involves monitoring the overall control of project activities & project forecasting.
- This job involves collecting actual costs and collating them in a format to allow comparison with project budgets
- Gathering of Information and required documents from Vendors, supplier and contractors in relation to Projects that are being handled.
- Revise the analyses of all project activities
- Provide monthly and weekly reporting to Director and B.O.D
- Monitoring projects during execution by analyzing the achieved results and comparing them with budget which could lead to pinpointing major variance as applicable.
- Coordinating with Contractors and Clients with regard to Project progress and hindrance or issues
- Perform cost analysis simulation and forecast backed by empirical data that aims at improving progress of the project and reducing risk contributing to the overall project success.
- Other duties as assigned
Responsibility & tasks:
- Verifying costs with vendors and suppliers
- Estimating expenditures
- Recommending cost-saving measures to upper management
- Monitoring and analyzing costs.
- Cooperating with project managers, Contractors and Suppliers to help them meet budgeting goals and achieve set objectives.
- Writing reports and presenting information to key stakeholders.
- Developing and adjusting budgets.
- Researching to find opportunities to reduce expenses.
Required Skills:
- Background experience in estimating/scheduling is a plus
- Must have budgeting or forecasting experience
- Project management background preferred
- Experience in auditing is a plus
- Experience in Construction projects is a plus
- Familiar with the concepts of “Budget Planning”, “Monitoring expenses”, “Change control systems”, “Time management” and “Tracking earned value”
- Proficient interpersonal and organization skills
- MS Office proficiency including advanced knowledge of Excel
- Excellent verbal and written communication
- An analytical mind with problem-solving aptitude
- Keen eye for detail
- Bachelor or Master Degree in Accounting, Finance or Civil Engineering
- 3-5 Years experience in Projects Management Operations particularly in the Oil & Gas Industries