
Project Cost Manager
1 week ago
As a pivotal member of our team, you will play a crucial role in driving business growth through effective cost control and management.
Key Responsibilities:- Conduct thorough reviews of major projects, collaborating with cross-functional teams to ensure accurate forecasting and reporting.
- Promote consistency in financial reporting practices across all projects.
- Develop tailored strategies for procurement and contract management during the tender/pre-contract phase of major projects.
- Verify cost competitiveness and highlight contractual or specification risks to senior leadership, offering recommendations.
- Assess projected profit margins to confirm alignment with the project's risk profile.
- Conduct audits on projects as requested by senior leadership, evaluating reports, financial and legal/contractual risks, and team performance.
- Support commercial and legal matters, including Extension of Time (EOT) requests and cost claims.
- Coordinate meetings with group companies to ensure effective risk management.
- Attend project cost control meetings to evaluate cost management practices and provide guidance.
- Participate in cost feedback sessions to support analysis of profit or loss causes.
- Organize Profit and Loss review meetings, including feedback and analysis sessions.
- Monitor and assess cost control operations across group companies.
- Support root cause analysis of profit fluctuations and formulate preventive measures.
- Stay up-to-date with new cost control systems and train staff.
- Facilitate communication between group companies and headquarters regarding current tenders and ongoing project statuses.
- High degree of accuracy, attention to detail, and strong analytical skills.
- Excellent communication and collaboration skills.
- Ability to work effectively in a team environment.
This role requires a proactive and results-driven individual who can thrive in a fast-paced environment.
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