Oversee and monitor the budget of on-going projects, compare the actual cost with the budget and analyze any major deviations from budget.
Financial
Familiar with all individual cost elements of the budget to ensure accurate monitoring of costs.
Operational
Analyse material cost, Manpower cost, plant cost etc on a day to day basis and correctly allocate to prime activities it belongs to.
Raise red flags and major risks discovered (based on costs incurred and other financial criteria).
Analyze costs of sub-contracts involved in the project and compare actual subcontractor costs with budgeted costs.
Prepare the cash flow forecast under consideration of the expected flow of funds.
Verify invoices and claims from suppliers and subcontracts to properly capture and record all project expenditures.
Coordinate with procurement to check purchases against budget.
Prepare CTC for the project and update the same quarterly.
People Management
Provide cost control and planning advise to the project team as required.
Other Responsibilities
Develop monthly financial project report comparing actual incurred costs against plans.
Requirements
Sound knowledge of Finance and Accounting practices.
Experience in Infrastructure projects (Roads / airports / marine etc).
Basic knowledge of ERP Systems.
Excellent ability to work in a multicultural environment.
Excellent Communication Skills
Knowledge in modelling and planning software used in construction (e.g., Primavera) advantageous.
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Cost Controller • Muscat, Muscat Governorate, Oman
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