Senior Cost Control

Overview

The Senior Cost Control professional is responsible for planning, monitoring, analyzing and controlling project costs to ensure delivery within the approved budget. The role involves close coordination with project teams, finance, procurement and management to provide accurate cost forecasts, variance analysis and financial reporting.

• Assist the Contracts Manager in establishing project cash flow and budget.
• Control project expenses and revenue to ensure conformity with the project cash flow and budget.
• Monitor deviations between the project budgeted figures and the actual expenses incurred.
• Add overhead costs and financial expenses to the project cash flow based on input from Accounting reports.
• Track the profitability of each project.
• Consolidate the cash flow statements and budgets of all projects.
• Estimate projects receivables and payables.
• Compute rework costs, indicators, hourly rates and shipped BOQ value.
• Prepare quarterly and yearly reports to the Ministry of Finance.
• Plan, implement and manage company’s Accounting department, suggesting improvements, automating procedures, onboarding new personnel.
• Oversee the management of the company’s cash flow.
• Control the preparation of accounting and financial reports.
• Negotiate and contract client deals.
• Plan ordering and conduct internal audits when necessary to optimize operations and meet ISO standards.
• Generate specific reports for developing and implementing budgets.
• Control the cost of production and work to reduce it.
• Conduct monthly and quarterly accounts reconciliations to ensure accurate reporting and ledger maintenance.
• Support month-end and year-end closing procedures.
• Handle receivables and payables accounts, as well as company accounts.
• Prepare journal vouchers, employee salaries, income taxes, CNSS, bank reconciliation and related entry adjustments, VAT transaction analysis.
• Liaise with internal and external auditors.

Help with the development and implementation of the company's strategic plan.