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Cost Controller Specialist

3.00 to 5.00 Years   Rawdha Ar Jeddah, Saudi Arabia   05 Jul, 2024
Job LocationRawdha Ar Jeddah, Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryTechnical Maintenance & Repair; Facilities & Property Management; Manufacturing
Functional AreaNot Mentioned

Job Description

úParticipates in preparation and development of projects budget for direct and indirect costs, allowance for G&A, and determination of projects gross margin and net profit.úÿCoordinates, and assists in amending projects budget to reflect revenue alterations by fall or raise (variation orders, additional works, reductions).úDetails internal manpower utilization plans (deployment and layoff) for discipline, service, and/or specialty activities.úReviews purchase requests/ purchase orders to verify quantities, prices, payments T&C, and GL cost accounting.úÿPerforms tracking of interim payment applications (submission, approval, return), and presents reports on the payment-related aspects in terms of providing the adequate justifications regarding deductions, penalties, withholdings, if any.úDevelops monthly reports on projects progress status, billing position (under/ over billed amounts), work in progress adjustments if required.úAssists in generating realistic cash flow projections which allow the company to realize its financial health, cash position, solvency, and any deficits may be expected in its projects.úControls and analyzes of projects expenses against the approved budget costs and identifies any deviations thereof.úMaintains producing of projects monthly variance analysis report which show deviations form budget, the amount of accrual costs, the P&L statement, and any other figures may be required to reflect the project status which let executives? make their decisions.

  • Performs other related duties as assigned.

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