Project Cost Controller

WOLFFKRAN for Equipment is looking for a talented Project Cost Controller to join our team!

This is an exciting opportunity to work at the forefront of one of the giga projects in Saudi Arabia's .

Tasks

Job Description: Monitors and controls project costs, ensuring efficient project execution within budget, reports on the progress. Reporting to the Finance Director.

• Monitors Project Expenditures against the Approved Budget and Identifies and Reports Variances.
• Checks that time is properly accounted for in projects.
• Produces the Percentage of Completion Sheets for all the projects and discuss with the Project Managers then reports them to the Accounting on a monthly basis to account for it.
• Analyses Cost Variances and Provides Insights for Corrective Actions.
• Prepares with the Delivery Director , Finance Director, Supply Chain Manager Commercial Manager Reports and Monthly Forecasts (Income, Cost, and Cash Flow).
• Participates in Project Reviews and Provides Financial Updates to Project Stakeholders.
• Records the minutes of the cost control and the PMO meetings.
• Ensures Adherence to Cost Control Procedures for all Projects.
• Reports to Managing Director and Finance Director on How Project Managers and the Operations Department has Achieved its KPIs.
• Monitors the suppliers’ costs in relation with the P.O. issued and received invoices.
• Helps in the Monthly and Quarterly closings and production of reports.

Authorities: Approves project purchase , expenses and amendments within the Business Plan and flags (and significant cost deviations requiring management intervention) to be sent for final Approval by the Company Board and MD.

Requirements

• Degree Qualification or equivalent in Quantity Surveying
• 10+ years’ experience of project cost controlling, change control and reporting in construction projects
• Understanding and experience in forecasting, budget movements, commitments, EFC and cash flows
• Ability to work with other multifunctional stakeholders i.e schedulers/planners, finance, risk
• Good working knowledge of Excel essential, experience with SAP would be advantageous plus Odoo