Thursday, March 29, 2012

Bayt.com Jobs: Budget & Cost Control Manager Job - Al Arrab Contracting Co.

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Budget & Cost Control Manager Job - Al Arrab Contracting Co.
Mar 29th 2012, 10:51

• Develops adequate policies, procedures and processes for the Cost Control function to maintain efficient operational excellence.

• Reviews project drawings, specifications, BOQs and other contract documents in order to prepare an accurate & comprehensive workable budget and cost control plan.

• Ensures communicating with Operation, Procurement and Engineering functions during the preparation of the detailed budget.

• Monitors, regularly, the detailed construction progress of the project to ensure full adherence to work plans within agreed budget and resources.

• Recommending corrective actions based on the status and summary reports to requesting management on material, machines and labor requirement of the project against agreed plans.

• Assesses and analyses all amendments to the project as a result of change orders and takes necessary actions to amend budget.

• Providing expert advice on cost and budgeting issues related to current projects to project managers, conducting analysis of actual performance against plan.

• Notifying project managers of any under- or over-run in project costs, recommending courses of action and coordinating progress with the Planning Department.

• Preparing cost trending & forecasting analysis for project costs, communicating these to all related parties, highlighting concerns and heeds, recommending necessary measures, actions and methods

• Preparing regular monthly reports and reviews of projects cost performance, providing all concerned parties with regular feedback and advice.

• Participating in weekly meetings for reviewing project progress and current cost position.

• Performs other duties and tasks as assigned.

Job Details

Date Posted: 2012-03-29
Job Location: Riyadh, Saudi Arabia
Job Role: Engineering
Company Industry: Construction

Preferred Candidate

Career Level: Management

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