Cost Control Specialist: Cost Management

16 أكتوبر، 2022

0 5 دقيقة واحدة

Job Description

Job Description :
Company
Our client is founded by the Saudi government to bring all communities together and develop all sectors and fields with innovative solutions. The organization generates over $24 million in sales and has over 850 companies and 700 employees.
They are currently looking for a Cost Management & Control Specialist to be based in Saudi Arabia.
Duties & Responsibilities:

Review standard project cost reports including committed cost, cost exposure, monthly cost report, forecasted future cost etc.
Reconcile cost reports correspond with system-based reports and take necessary corrective actions for discrepancies.
Review planning, budgeting and re-forecasting on different projects.
Review original estimated cost and total estimated cost to completion.
Compare Estimate / Budget to Actual Performance & Forecast and prepare budget utilization report on different projects.
Compare forecasted future cost report to project schedule
Periodically review cost drivers and advice any changes, if required.
Review and validate allocation of indirect and FTE to projects based on approved cost drivers.
Ensure timely allocation of indirect and FTE cost to projects.
Prepare monthly financial performance cost report.

Qualification & Requirements:

Bachelor's Degree in Business Administration or Finance from a recognized university is preferable
About 5 years of related experience of which a minimum of 3 years should be in a similar position/ responsibility, preferably in the government / public sector.
Extensive knowledge of costing, accounting, business operations, payroll (experience in these areas preferred)
Expert knowledge of desktop applications (Ms-Office, Word, Excel, PowerPoint, etc.), Earned Value Management and BI Tools.
Working knowledge of project management systems such as SAP, Oracle, S4HANA.