Summary
Innovo Group is seeking a Project Cost Control Manager in Dubai. The role leads cost forecasting and reporting, monitors project performance against approved cost baselines, and develops periodic executive reports. It also guides project teams on complex cost-control issues and manages and develops cost-control staff. Applicants should have a BS or MS in Civil Engineering and 12+ years of experience in project management, project controls, estimation, budgeting, and cost control.
The posting
As published on innovogroup.com. Pulled from the employer's site and shown as they wrote it.
Key Accountabilities
Recommend, oversee can customize the execution for the project’s Cost control systems to meet
project requirements.
• Lead forecasting/reporting of cost performance throughout projects life cycle.
• Analyse project performance and data base update.
• Responsible for preparing accumulative Executive Summery periodic reports for the approved
cost baselines (Budgets) behaviours and trends for various projects.
• Provide guidance, direction, and specialized assistance to projects for the resolution of difficult
and complex project control problems.
• Manage a team of Cost Control Engineers/Specialists with leadership, mentoring and team work
skills with the ability to effectively transfer technical expertise to less experienced Cost Control
professionals
• Ensure that relevant cost management procedures and reporting requirements are incorporated
• Prepare and assist in various levels of project reporting.
• Document employee performance issues and participates in resolutions as appropriate and
provides personnel development for the assigned employees.
• Take part in the development and implementation of project control strategies
• ensuring active engagement of team members by delegation of tasks to the appropriate person
both on a long term and on a day-to-day basis
Qualifications, Experience, Knowledge & Skills
BS/MS Civil Engineering from a reputable college.
• 12+ years’ experience in the domain of project management, project control and estimation,
budgeting and cost control.
• Proficiency in cost engineering principles and methods including:
-Budgeting and Forecasting
-Change Management Systems / Procedures
-Work Breakdown Structures
-Earned Value Systems
- Revenue Recognization / Under Billing & Over Billing Analysis
-Contingency allocation
• Strong knowledge with project cost planning, scheduling and execution.
• Ability to work under minimal supervision and effectively manage multiple/changing priorities.
• Possesses knowledge of construction accounting principles with an extensive understanding of
the manner in which the company establishes and documents the financial position.
• Exceptional analytical skills to effectively evaluate system performance, troubleshooting and
mastery of continuous process improvement tools.