Cost Control Staff

Cost Monitoring and Reporting:

• Track and analyze costs, including labor, materials, and overhead.

Prepare detailed cost reports and forecasts.

• Identify variances between actual costs and budgeted amounts.

Provide regular updates and financial status reports to management.

• Budget Management:

Assist in the preparation of project budgets and financial plans.

• Review and validate project budgets submitted by various departments.

Ensure budget adherence through regular monitoring and adjustments.

• Cost Control Procedures:

Develop and implement cost control procedures and policies.

• Conduct cost analysis to identify cost-saving opportunities.

Ensure compliance with financial regulations and company policies.

• Data Analysis and Reporting:

Analyze financial data and trends to support decision-making.

• Prepare financial models and forecasts to predict future costs.

Report on cost performance and suggest corrective actions.

• Collaboration and Communication:

Work closely with project managers to review project plans and ensure cost efficiency.

• Liaise with suppliers and contractors to negotiate pricing and contracts.

Communicate effectively with finance teams to reconcile budgets and expenses.

• Documentation and Record-Keeping:

Maintain accurate records of all financial transactions related to projects.

• Ensure that all cost control documentation is up-to-date and accessible.

Prepare documentation for audits and reviews.

Qualifications:

• Education:

Bachelors degree in Accounting, Finance, Business Administration, or a related field.

• Experience: Minimum of 2-3 years of experience in cost control, financial analysis, or a related field.

• Skills:

Strong analytical skills with the ability to interpret financial data.

• Proficiency in financial software and Microsoft Office Suite, particularly Excel.

Excellent communication and interpersonal skills.

• Detail-oriented with strong organizational and time management abilities.

Ability to work independently and collaboratively within a team.

• Other Requirements:

Strong problem-solving skills and the ability to think critically.

• High level of integrity and professionalism.

Willingness to continuously learn and improve skills.

Job Type: Full-time