Job Purpose
Responsible for monitoring and controlling project costs, tracking expenses against budgets, and preparing cost reports and forecasts. The role involves analyzing cost variances, identifying financial risks and cost-saving opportunities, and supporting project teams to ensure projects are completed within budget while maintaining accurate financial reporting.
Key Accountabilities
- Support budget preparation, cost estimation, and planning activities.
- Prepare work order proposals and related cost documentation.
- Work closely with the Project Management Team (PMT) to ensure timely and accurate proposal submissions in accordance with established deadlines.
- Review and assess the financial impact of change orders and scope changes.
- Prepare and maintain control budgets, cost forecasts, cash flow projections, and cost reports in a timely manner.
- Analyse budget variances and recommend corrective actions.
- Track commitments, expenditures, and overall project financial performance.
- Ensure accurate and timely cost reporting to management.
- Identify and manage cost risks and opportunities.
- Coordinate with project, finance, procurement, and contract teams.
- Maintain compliance with company procedures, project controls, and reporting standards.
Qualifications
Bachelor's degree in Accounting, Finance, Engineering, or related field.
Relevant Experience
Minimum 3-4 years’ experience, proficiency in SAP system, and Microsoft Excel, experience in monitoring project costs, analyzing variances, and implementing cost control measures