Job Description

Aref Sadeq Design Consultants W.L.L

Cost Controller

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Job id: 282610

11 Jul 2019

Job Location

Bahrain

Experience

5 to 7 years

Qualification Level

Graduate

Job Function

Production / Manufacturing

Skillset

Costing, Budgeting

Jobseeker Nationality

Jobseekers from any country

Cost Controller

Job Location : Bahrain

Good Salary package will be offered

Job Responsibilities:

• Implement and maintain all procedures as per the company’s Project Monitoring System ensuring compliance with all requirements related to cost control and reporting.
• Generate and issue monthly cost reports ensuring circulation in time of complete and accurate data to the managing office and other authorized recipients.
• Monitor and analyze project costs related to various sites, identify and highlight major cost variances and advice the project management team and site staff on appropriate and timely corrective action plans.
• Conduct regular site visits, evaluate site operations, compare progress with budget, provide suggestions and comments to improve outcomes and incorporate project performance in forecast calculations.
• Provide required training to all relevant site staff on managing cost allocations, validating project invoices and timecards as per approved standard operating procedures.
• Organize weekly cost meetings with site teams to discuss performance of various work packages, create cost awareness among project staff to deliver most favorable results as well as to assure budgetary compliance.
• Develop the Contract Program with full resource and cost loading and continually monitor and update the program producing fortnightly reports on actual progress against planned progress.
• Prepare and continuously update the as-built program, maintaining record of actual resources employed and highlight variances for corrective action.
• Identify delays against the Contract Program and advice the project manager and lead construction manager on optimum recovery plans to achieved scheduled milestones.
• Coordinate with and support the lead construction manager, site engineers and site foremen in preparing, implementing and monitoring short-term programs.
• Identify and assess project implications relate to client variations and provide inputs and guidance on preparing and processing variation requests and securing variation orders from the client.
• Work with the quantity surveyor for monitoring cash flows and preparing and updating of cash flow forecasts for various work packages
• Prepare monthly journal entries manually or by initiating electronic creation through our software program.
• Review JEs carefully for anomalies and other inconsistencies.
• Prepare monthly and quarterly accounting reports for submission to management.
• Conduct inventory reserve analysis on a quarterly basis and generate reports for senior management.
• Assist the Staff Accountant with suggesting changes to policies or procedures to increase cash flow.
• Review rates of depreciation, labor and overhead and suggest policy changes to improve numbers.
• Classify costs accurately.
• Generate PPV reports and analyze findings.
• Establish standard costs and update them as appropriate.
• Maintain and review the general ledger and reconcile balance sheets.
• Analyze costs of raw materials and other supplies and create cost-benefit analyses for changing vendors.

Requirements :

• Should have 5 years experience as Cost Controller
• Should be available in Bahrain

Interested candidate can apply with your updated resume

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