Cost Control Engineer

Job Description

Location: Cairo, EgyptThales people architect solutions that support 85 million mainline and suburban passenger journeys, worldwide, every day. Our Rail Signalling and Communication systems are used on metro lines across major cities, and 72,000 kms of route, 52,000 trains per day in 16 countries are controlled by our Traffic Management Systems. Together We deployed the first-ever nationwide ticketing system which processes over 50 million ticketing transactions in 100 cities daily.Thales has built a presence in Egypt for over 40 years and has today over 100 employees. Thales in Egypt is part of our Middle East business that has 1,800 people across Egypt, Iraq, Kuwait, KSA, Lebanon, Oman, Pakistan, Qatar and UAE.Together We delivered fare collection and control and communication systems for the first metro line in Africa, Metro Line 1 in Cairo. Since then we have continued to bring growth and security and safety to the country by upgrading these transportation systems as well as providing solutions for customers in air traffic management, air defence and Navy.Key Responsibilities- Responsible to control and monitor project total expenditure including verifying and checking of invoices and claims from suppliers, vendors and subcontractors to ensure that all project expenditures are captured and properly recorded- Provide cost-controlling support for all projects, which includes variation reporting and preparation of customer billing processes, etc- Provide the cost report reflecting budget, commitments, actual cost, and forecasts on a bi-weekly basis and updated cash flow also to ensure smooth financial planning and alert for a potential deficit- Coordinate with Operations, Contracts & Procurement Departments to monitor and review variation orders and update database of projects accordingly, identify cost, budget, cash flow and schedule impact of proposed changes- Provide cost analysis and commercial recommendations in claims- Ensure effective project implementation and utilize productive reports from the creation of WBS with the use of the company internal system to monitor the status of all purchases, invoicing and delivery up to the closure of the project- Attend project meetings and discussions with the clients and subcontractors- Perform project costing related reporting to the department head and managements review on a monthly basis to ensure that expenditures are kept within the project budget- Provide cost control advice to management when required- Undertake any other ad-hoc duties as required REQUIREMENTS: What are we looking for- Degree in Engineering with specialization in Project Management or Cost Control related training- 4+ years experience in cost controlling- Advance Knowledge level in Excel and preferably good user of SAP- Strong analytical and problem solving skills and meticulous- Mature, proactive, resourceful and hands-on with good initiativeAt Thales we provide CAREERS and not only jobs. With Thales employing 80,000 employees in 68 countries our mobility policy enables thousands of employees each year to develop their careers at home and abroad, in their existing areas of expertise or by branching out into new fields. Together we believe that embracing flexibility is a smarter way of working. Great journeys start here, apply now!

Keyskills :

About Company

With operations in 50 countries and 68,000 employees, Thales is a world leader in mission-critical information systems for defence and security, aerospace and transportation.

Building on its expertise in the most sophisticated technologies and large-scale software systems, Thales is stepping up to the security challenges of its customers in an increasingly complex world. With its global network of 22,500 high-level researchers, Thales has earned particular recognition for its ability to develop and deploy dual civil and military technologies. Leveraging its international operations and spanning the entire value chain from equipment to systems and services, Thales is playing a pivotal role in making the world a safer place.