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Cost Control Section Head - Construction | Saudi Arabia

1.00 to 10.00 Years   Mecca, Saudi Arabia   12 Feb, 2025
Rawaj HCM
10 to 49 Jobs Openings
Job LocationMecca, Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryConstruction & Building
Functional AreaNot Mentioned

Job Description

Leverage your abilities?and join the dynamic team of a leading company specializing in the Construction industry in?Makkah, Saudi Arabia.?The?Cost Control Section Head?position entails?measuring financial and technical project standards, identifying gain or loss indicators, analyzing cost deviations per cost center, and providing corrective solutions. This role plays a critical part in?maximizing profitability, optimizing resource utilization, and ensuring projects adhere to budgetary constraints and timelines.Key Accountabilities?

  • Provide?technical support for bid and contract management, including?cost analysis of direct and indirect expenses.
  • Prepare the?estimated baseline budget?for project costs, ensuring accuracy and feasibility.
  • Perform?detailed cost estimation?for?direct, indirect, and overhead expenses?across various?construction projects, aligning with?industry best practices and standard norms.
  • Assist?Project Managers?in identifying and addressing?cost deviations.
  • Prepare and submit?monthly cost reports, detailing the financial position of each project, recommending corrective actions for cost deviations.
  • Review?monthly project reports?to evaluate financial and technical adjustments, ensuring?compliance with cost control measures.
  • Conduct?regular meetings with Project Managers?to assess adherence to budget, timelines, and actual project performance.
  • Provide?consolidated financial and non-financial reports, offering insights and analysis on project performance.
  • Prepare?periodical dashboard reports?for management, outlining project cost compliance, identifying variances, and specifying corrective actions.
  • Lead and?manage the cost control team, ensuring efficiency and accuracy in cost tracking and reporting.
  • Ensure?on-time reporting?of cost analysis, recommendations, and financial updates.

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