Job Description

Overview:

We are seeking a highly skilled and detail-oriented

Project Cost Controller

to oversee cost management aspects of our construction project. The ideal candidate will play a pivotal role in ensuring the project's success by maintaining budgetary control, analyzing costs, and providing accurate variance analysis and cost saving options. This position requires a proactive individual with a strong understanding of construction cost management and industry best practices.

Key Responsibilities:

Budget Management:

Develop, monitor, and manage the project's budget in coordination with the Project Management and Finance team. Ensure all expenditures align with the approved budget and contractual agreements.

Cost Analysis and Forecasting:

Conduct detailed cost analyses to identify potential risks and opportunities for cost optimization. Prepare accurate cost forecasts, ensuring financial objectives are met throughout the project lifecycle.

Financial Reporting:

Generate and present comprehensive financial reports, including cost tracking, variance analysis, and cash flow statements. Provide regular updates to stakeholders on project financial performance compared to the set budgets.

Resource Allocation:

Collaborate with procurement and project teams to ensure cost-effective allocation of materials, labour, and equipment. Monitor and evaluate supplier and subcontractor costs to ensure alignment with project budgets.

Compliance and Documentation:

Ensure all financial activities comply with company policies, contractual requirements, and relevant regulations. Maintain detailed records of all cost-related activities and documentation for audit purposes.

Risk Management:

Identify and assess financial risks associated with the project and recommend mitigation strategies. Proactively address potential cost overruns and implement corrective measures.

Stakeholder Coordination:

Act as the primary point of contact for projects cost-related matters, liaising with internal and external stakeholders. Support the Project Manager in decision-making by providing financial insights and recommendations.

Qualifications and Experience:

Bachelor's degree in Civil Engineering, Finance, Accounting, or a related field. Professional certifications such as Certified Cost Professional (CCP) or Project Management Professional (PMP) are highly preferred. Minimum 5 years of experience in cost control, preferably within the construction industry. Proven track record of managing financial aspects of large-scale projects. Proficiency in cost management software and tools such as Primavera, SAP, and MS Excel.

Key Skills:

Strong analytical and problem-solving skills. Excellent communication and stakeholder management abilities. Expertise in budgeting, cost estimation, and financial forecasting. Attention to detail and commitment to accuracy. Knowledge of construction industry standards and financial regulations.
Job Type: Full-time

Experience:

Cost Controller: 5 years (Required) Construction Industry: 5 years (Required)
Location:

* Muscat (Required)