Position:ย Cost Control Manager
Date posted: 2025-01-14
Industry: Construction
Employment type: Full Time
Experience: 18 to 20 year
Qualification: Bachelorโs Degree holder
Salary: AED 25000 to 30000
Location: Dubai, United Arab Emirates
Company: Confidential
Description:
Hiring Cost Control Manager
Requirements:
- Monitor, analyze, and report on project costs for large-scale construction projects.
- Develop and manage detailed project budgets and cost control plans for multiple phases of construction.
- Perform variance analysis to identify deviations between budgeted and actual costs, and provide actionable recommendations.
- Validate project-related expenses, including petty cash, non-PO-based expenses, and supplier payments.
- Assess supplier performance, credit facilities, and credit periods to optimize financial efficiency.
- Work closely with project teams to track progress and ensure cost performance aligns with project timelines.
- Prepare regular reports on cost performance, profit margins, and project cash flow for internal and external stakeholders.
- Ensure costs align with contractual terms, identifying and addressing any discrepancies.
- Review and audit project expenses to confirm compliance with applicable financial and contractual regulations.
- Ensure accurate valuation and monitoring of inventory utilized in construction projects.
- Oversee fixed asset management, including recording, monitoring, and maintaining assets at project sites.
- Generate monthly, quarterly, and annual financial reports, including variance analysis and forecasts.
๐๐ฎ๐๐ฅ๐ข๐๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ/๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ
- 18โ20 years of experience in cost control within the UAE construction industry.
- Bachelorโs degree in Finance, Accounting, or Engineering.
- Extensive understanding of the construction project lifecycle, cost drivers, and industry-specific risks.
- Advanced knowledge of project management and accounting software (e.g., SAP, Oracle).
- Expertise in budgeting, cost analysis, and variance analysis.
To apply for this job email your details to ashitha@avoir.co.in
Application ends on
February 13, 2025