Cost Control Manager - PMC

Egis Group

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profile Job Location:

Riyadh - Saudi Arabia

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

  • Develop and manage the initial Cost Plan in consultation with all parties including Consultants and SAR.
  • Track and report costs against approved budgets including committed incurred actual/paid and forecast final/out-turn costs.
  • Prepare job cost reports showing variances between budgets and costs earned value and movements from prior months.
  • Validate and verify all commercial/financial performance aspects of the project including benchmarking Contractors claims and forecasts.
  • Ensure timely and accurate final accounting including all claims and outstanding payments.
  • Prepare and oversee the pricing schedule or Bills of Quantities for incorporation within RFPs or post-contract documents.
  • Provide cost consultancy services and be responsible for all aspects of contract administration and cost consultancy for the project.
  • Manage all contractual and cost issues related to the administration of Consultants Contractors and works packages.
  • Provide regular cost reports including updated cash flow forecasts reconciliation of payments and forecast final accounts.
  • Carry out cost estimates and comparisons of alternative design or construction solutions.
  • Review and recommend variation payments and verify payment applications from Consultants and Contractors.
  • Prepare recommendation reports on claims including cost and time impacts and assist in negotiations and settlements.
  • Ensure that all parties hold correct and current insurances and bonds as required.
  • Maintain a project retention insurance and bond register status report.
  • Ensure no certification of payment applications where correct insurances and bonds have not been provided.
  • Prepare and submit monthly reports detailing project status cost control measures and financial performance.
  • Ensure accurate and timely documentation of all cost management activities including change management procedures and final account settlements.

Qualifications :

 

  • Minimum of 15 years of experience in cost management within the rail and transportation industry
  • Strong knowledge of cost control principles budgeting and financial analysis in PMC or PMO projects.
  • Excellent analytical problem-solving and communication skills.
  • Proficiency in cost management software and tools.
  • Attention to detail and accuracy in financial reporting.
  • Strong organizational and time management skills.
  • Ability to work collaboratively with multiple stakeholders.
  • Proactive approach to identifying and resolving cost-related issues.
  • Commitment to maintaining high standards of professional ethics and integrity.

Remote Work :

No


Employment Type :

Full-time

Develop and manage the initial Cost Plan in consultation with all parties including Consultants and SAR.Track and report costs against approved budgets including committed incurred actual/paid and forecast final/out-turn costs.Prepare job cost reports showing variances between budgets and costs earn...
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  • AS 400

About Company

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Egis is a leading global architecture, consulting, construction engineering and operating firm. We work side by side with clients to build a more balanced, sustainable and resilient world.

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