https://bayt.page.link/v1TUmrkCw1dqRip19
$4,000 - $5,000
3 Open Positions
Full Time Employee
100-499 Employees · Construction & Building

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Job Description

  • Develop and maintain project budgets, collaborating with project managers and stakeholders to accurately forecast costs and allocate resources effectively.
  • Monitor project expenditures against budgetary constraints, conducting regular analysis to identify discrepancies and potential cost overruns.
  • Conduct thorough variance analysis to understand the root causes of deviations from budgeted costs, providing insights and recommendations for corrective actions.
  • Prepare detailed reports on project financial performance, including budget vs. actual analyses, cost forecasts, and financial projections for review by senior management and stakeholders.
  • Identify and assess potential risks and opportunities that may impact project costs, implementing strategies to mitigate risks and capitalize on opportunities.
  • Establish and enforce cost control procedures and policies to ensure compliance with budgetary constraints and financial regulations.
  • Collaborate closely with project managers, engineers, and procurement teams to align cost control efforts with project objectives and address financial challenges.
  • Implement cost tracking systems and expense approval processes to optimize cost management and ensure accurate financial reporting.
  • Continuously evaluate and improve cost control processes, leveraging technology and best practices to enhance efficiency and effectiveness.
  • Provide guidance and support to junior cost control staff, fostering a culture of continuous learning and development within the team.

required Skills and Experience:

minimum 10 years working experience preferably Contracting companies experience

must have Bachelor of Engineering in Civil/Mechanical

Knowledge of Cost estimating packages such as CCS (Candy) is essential

Knowledge in Cost Management, Estimating and Change Control

Computer skills: MS applications and Primavera 6 but not essential

Knowledge of multi-project resource planning

Demonstrable project and programme management experience allowing a comprehensive knowledge and

understanding of the fundamental principles and technique

  • ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Power International Holding logo
Power International Holding

Power International Holding (PIH) is a diversified business conglomerate, grouped into 5 main sectors: General Contracting, Agro-Food Industries, Real Estate Development, Lifestyle (Hospitality, Entertainment & Catering) and General Services. To ensure the sustainability and success of each businesses within the various sectors, we are committed to providing every entity with the tools and resources together with the central functional support to enable development and growth. We work in specialization, to ensure that each business strives to achieve the organization’s objectives and goals. Grouping is done through focus and trade excellence of organization leaders who proactively work together in multi-disciplinary groups, ensuring that each business thrives and flourishes.

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