Cost Specialist
Abu Dhabi, United Arab Emirates
Job Description
Scope:
Perform routine aspects of Project Cost Control such as tracking, monitoring, and analysing costs of projects, including running cost control reports, analyzing budget variances and ensuring accurate costs
Principle duties & responsibilities:
Control and monitor project total expenditure such as verifying and checking of invoices and claims from suppliers, vendors and subcontractors
Follow cost and accounting procedures and ensure that all expenditures, estimates, and change orders are properly caputured, recorded, coded and dispersed into proper work breakdown structure (WBS) and that codes match the project list in SAP
Provide planning and cost controlling support for all projects that includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes, etc
Perform routine aspects of Project Cost Control such as tracking, monitoring, and analysing costs of projects, including running cost control reports, analyzing budget variances and ensuring accurate costs
Principle duties & responsibilities:
Control and monitor project total expenditure such as verifying and checking of invoices and claims from suppliers, vendors and subcontractors
Follow cost and accounting procedures and ensure that all expenditures, estimates, and change orders are properly caputured, recorded, coded and dispersed into proper work breakdown structure (WBS) and that codes match the project list in SAP
Provide planning and cost controlling support for all projects that includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes, etc
Prepare project PCCS/BAF reporting, in conjunction with PMs, for monthly project status meetings ensure that expenditures
are kept within the project budget and elevate issues in a timely manner
Liaise with procurement and Finance Teams on invoice coding/approval and accrual processes
Liaise with BU Finance team on month end process and procedures
Assists in the maintenance of the project cash flow (PFS) as required by the organization
Identify variances to budget and liaise with project team to identify the reason for the variance
Liaise with procurement and Finance Teams on invoice coding/approval and accrual processes
Liaise with BU Finance team on month end process and procedures
Assists in the maintenance of the project cash flow (PFS) as required by the organization
Identify variances to budget and liaise with project team to identify the reason for the variance
Generate system reports to provide Project Managers with the information necessary to effectively understand and manage
the project
Attend project meetings and discussions with the Project Management team, work with them to resolve project issues to ensure the delivery/completion of the project work and provide cost control and planning advice to them as and when required
Ensure effective project implementation and utilize productive reports from the creation with the use of project management system to monitor the status of all purchases, invoicing and delivery up to the closure of the project
Use SAP functions to perform the required activities and the production of various reports as required.
Comply with all Enerflex HR, Quality, HSE, and all the Company policies, procedures, processes, work instructions and guidelines
Perform all other duties as assigned by Supervisor / Manager
Job Specifications:
Minimum bachelors in Engineering or Business with specialization in Project Management or Cost Control related training
Minimum 5 years relevant and similar capacity in project estimating and cost controlling preferably in EPC industry
Bookkeeping/accounting Knowledge is required
Technically strong in project cost planning, scheduling and reporting
Knowledge in the use of MS Project, Primavera Scheduling and SAP softwares is highly advantageous
Demonstrate strong interpersonal, communication and presentation skills
Strong analytical and problem solving skills and meticulous
Possess good project background and technical writing ability and skills
Mature, proactive, resourceful and hands-on with good initiative
Independent worker who can work well with a team
Working conditions:
Office Based
Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, tasks, duties, knowledge, skills, abilities and/or other requirement.
Attend project meetings and discussions with the Project Management team, work with them to resolve project issues to ensure the delivery/completion of the project work and provide cost control and planning advice to them as and when required
Ensure effective project implementation and utilize productive reports from the creation with the use of project management system to monitor the status of all purchases, invoicing and delivery up to the closure of the project
Use SAP functions to perform the required activities and the production of various reports as required.
Comply with all Enerflex HR, Quality, HSE, and all the Company policies, procedures, processes, work instructions and guidelines
Perform all other duties as assigned by Supervisor / Manager
Job Specifications:
Minimum bachelors in Engineering or Business with specialization in Project Management or Cost Control related training
Minimum 5 years relevant and similar capacity in project estimating and cost controlling preferably in EPC industry
Bookkeeping/accounting Knowledge is required
Technically strong in project cost planning, scheduling and reporting
Knowledge in the use of MS Project, Primavera Scheduling and SAP softwares is highly advantageous
Demonstrate strong interpersonal, communication and presentation skills
Strong analytical and problem solving skills and meticulous
Possess good project background and technical writing ability and skills
Mature, proactive, resourceful and hands-on with good initiative
Independent worker who can work well with a team
Working conditions:
Office Based
Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, tasks, duties, knowledge, skills, abilities and/or other requirement.
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Job Detail
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Job IdJD1487369
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationAbu Dhabi, United Arab Emirates
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EducationNot mentioned