Cost Controller

GE Vernova

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profile موقع الوظيفة:

جدة - السعودية

profile الراتب شهرياً: لم يكشف
تاريخ النشر: نُشرت منذ أكثر من 30 يومًا
عدد الوظائف الشاغرة: 1 عدد الوظائف الشاغرة

ملخص الوظيفة

Job Description Summary

As a project cost controller you will be responsible for the cost control of several projects. You will report operationally to the project managers and functionality to the project cost control Manager a member of the project Management office.

Job Description

Roles and Responsibilities:

  • Monitor and analyze all operational costs to ensure adherence to budget.
  • Track and evaluate expenditure on projects and daily operations to ensure they align with the companys financial plans.
  • Develop and maintain cost control procedures and methodologies.
  • Forecast and manage costs related to materials labour and overhead.
  • Prepare detailed cost analysis reports and present findings to senior management.
  • Provide monthly quarterly and annual cost reports including variance analysis and recommendations.
  • Assist in preparing budgets and forecasts based on cost analysis data.
  • Identify opportunities for cost reduction without compromising quality.
  • Implement cost-control strategies across all departments and functions.
  • Collaborate with other teams to develop and execute cost-effective processes and solutions.
  • Assist in the creation of project budgets and financial forecasts.
  • Review project costs regularly and ensure that financial targets are met.
  • Develop cost models and financial projections for new and existing projects.
  • Work closely with procurement operations and project management teams to ensure cost efficiency.
  • Ensure effective communication regarding cost control measures and adherence to budgets.
  • Liaise with finance teams to ensure accurate recording and allocation of costs.
  • Ensure compliance with internal cost control policies industry standards and legal regulations.
  • Prepare for and support internal and external audits by providing necessary cost-related information.
  • Utilize cost control software and tools to track and report expenses.
  • Continuously improve cost tracking and reporting methods to increase accuracy and efficiency.
  • Analyze and report on risks related to costs and provide actionable recommendations.
  • Identify potential financial risks and assist in implementing mitigation plans.

Required Qualifications:

  • Bachelors degree in Accounting Finance Business Administration or a related field. Professional certifications (e.g. CPA CMA) are a plus.:
  • 3-5 years of experience in cost control accounting or financial management.
  • Experience in project cost control is highly preferred
  • Proficiency in financial software (e.g. SAP Oracle QuickBooks).
  • Strong knowledge of Excel/Power BI and data analysis
  • English proficiency is a must

Desired Qualifications:

  • Ability to analyze complex financial data and identify trends and anomalies.
  • Strong attention to detail with the ability to identify discrepancies and inconsistencies in cost data
  • Excellent verbal and written communication skills to report findings and collaborate with teams
  • Ability to think critically and propose cost-effective solutions
  • Ability to prioritize tasks and meet deadlines in a fast-paced environment
  • Ability to work both independently and as part of a team
  • Strong ethical standards and a commitment to confidentiality
  • Flexible and adaptable to changing business needs
  • May involve some travel for project oversight or financial audits
  • Office-based with occasional site visits

Additional Information

Relocation Assistance Provided: No

Job Description SummaryAs a project cost controller you will be responsible for the cost control of several projects. You will report operationally to the project managers and functionality to the project cost control Manager a member of the project Management office.Job DescriptionRoles and Respons...
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GE Vernova's Asset Performance Management software can help you increase asset reliability, minimize costs and reduce operational risks. View a demo today.

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