Responsibilities:
- Collate and compile independently the necessary information to support timely cost data consolidation, analysis and reporting.
- Understand the requirements of the approved cost control procedures and ensure proper implementation in the course of work.
- Develop and maintain detailed cost control plans using Company tools and best industry practices.
- Set-up Cost Breakdown Structure and allocate budget, resources, and any other data required into the system.
- Derive and consolidate the commitments and actual costs for one or more portions of the scope of work.
- Review, analyze and update accurate forecasts for one or more portions of the scope work by using best industry practices.
- Track budget variances and challenge budget owners on any deviation from approved cost baseline.
- Generate and distribute internal cost report for part or the entire scope of work on a regular basis and as per Company standards.
- Reconcile project cost reporting with accounting and financial records.
- Review subcontractors’ invoices for accuracy and completeness and ensure that costs are allocated with the correct coding.
- Review Change Order requests and/or potential variations that impact project budget and forecasts, and maintain appropriate register.
- Establish appropriate coordination with other project functions to ensure compatibility with the Cost Control requirements and timely flow of the information.
- Contribute and participate to the Project Risk Management process by providing cost input and identifying potential budget and forecast impacts for risks’ occurrences.
- Perform cost risk analysis to define accurate contingency reserve by using company tools and best industry practices.
- Provide guidance and support to less experienced cost control staff as required.
Requirements:
- Minimum Degree in Accountancy/Finance, ACCA, or an equivalent Professional Accounting qualification.
- A minimum of 6 to 8 years of relevant work experience in managing and executing accounting controls and ound knowledge of IFRS and SFRS accounting standards.
- Proficiency in MS Word, Excel, and PowerPoint.
- Experience with SAP (preferred) or different ERP system.
- Possesses a high level of integrity and ethics.
- Team player with people management skills, capable of leading, developing, and driving the performance of direct reports.
- Highly organized and detail-oriented.
- Strong problem-solving and analytical abilities.
- Effective time management to meet tight deadlines and multitask efficiently.
- Adaptability to work under pressure and respond to changes.
- Excellent communication and presentation skills, both written and verbal.
