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Cost Control Engineer

3.00 to 5.00 Years   Cairo, Egypt   31 Aug, 2019
Job LocationCairo, Egypt
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryConstruction & Building
Functional AreaNot Mentioned

Job Description

Performs cost control for running projects while handling the coordination with finance to ensure a proper invoice and cash flow plan and with procurement to ensure a proper procurement plan for all projects according to the projects schedules and approved budgets.Responsibilities:

  • Overlooks on overall master schedules, integrating revenues plan / forecast and actual figures.
  • Prepares projects budgets according to the approved P&L and follows up on the budgeted cost items.
  • Assures to stay within the project each item cost budget and discusses each case with the relevant PM before action.
  • Reports deviations recognized on the budget, prepares recovery plans and seeks management approvals.
  • Follows up on cost control processing to optimize the cash out and report budget issues.
  • Updates the budget, margin & invoices while comparing them with the base line.
  • Coordinates a master consolidated projects CM plan synchronized with projects schedules and reports progress to the concerned management team.
  • Shares Knowledge from lessons learnt with all team members.?

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