Senior Cost Control Manager

About the Role

UrbaCon Contracting & Trading Company is seeking a Senior Cost Control Manager to oversee conceptual estimating, budget development, cost planning, and value management. This full-time position is central to managing company-wide cost plans, monitoring project expenditures, and ensuring financial reporting aligns with management directives.

Role Overview

The Senior Cost Control Manager will be responsible for the comprehensive oversight of cost control functions across the company's projects. This includes tracking, forecasting, and collecting cost data to ensure conformity with budget directives and providing accurate financial reporting to senior management. The role involves leading a team and implementing robust cost control systems.

Key Responsibilities

• Lead the development and management of comprehensive budgets for large-scale projects and departments, ensuring alignment with organizational goals.
• Supervise the preparation of detailed cost estimates, incorporating potential risks and ensuring accuracy.
• Oversee the continuous tracking of project expenditures, ensuring they stay within budget and addressing any deviations.
• Conduct thorough analysis of cost variances, identify root causes, and implement corrective actions.
• Prepare and present detailed financial reports to senior management, highlighting key metrics, trends, and potential issues.
• Identify financial risks associated with projects and develop strategies to mitigate them, ensuring financial stability.
• Review and manage complex contracts, ensuring compliance with financial terms and resolving any cost-related disputes.
• Implement and maintain advanced cost control systems and processes to enhance financial oversight and efficiency.
• Communicate effectively with project managers, finance teams, and senior executives, ensuring alignment on financial objectives and strategies.
• Lead and mentor a team of cost control professionals, fostering a culture of continuous improvement and financial discipline.
• Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies.

Qualifications and Experience

• A minimum of 8-10 years of experience in cost control, financial management, or a related field.
• Demonstrated experience in conceptual estimating, budget development, and cost planning for large-scale projects.
• Proven ability to manage and analyze complex financial data and reports.

Work Environment

This is a full-time position within UrbaCon Contracting & Trading Company, requiring a commitment to financial discipline and effective team leadership.

Application Process

Qualified candidates are encouraged to apply. Salary details will be discussed during the interview process.