Senior Cost Management Specialist

3 days ago


Singapore ALSTOM TRANSPORT (S) PTE LTD Full time
Job Description:

We are seeking a highly skilled Senior Cost Management Specialist to join our team at ALSTOM TRANSPORT (S) PTE LTD. This is an exciting opportunity for an experienced professional to take on a challenging role in financial planning and control.

Key Responsibilities:

- Collaborate with the Turnkey and RSC lead FPM to monitor project costs, identify variances, and develop action plans to address them.
- Develop and maintain accurate budgets and forecasts for all aspects of the project, ensuring timely completion and effective resource allocation.
- Participate in Risk and Opportunity discussions, providing expertise in cost management and financial planning.
- Review cash planning processes, including action plans and follow-ups, to ensure alignment with project goals.
- Assess the impact of hedging and bonds requirements on Estimated Actual Costs (EAC).
- Coordinate with internal partners to ensure seamless financial operations, including intercompany matching processes.
- Oversee customer invoicing and collection, ensuring timely payment and optimal cash flow management.
- Work closely with Site Controlling and Accounting & Reporting teams to facilitate Period End Closing processes.
- Forecast EAC Hours & Costs with Functions, ensuring accurate predictions and informed decision-making.
- Conduct audit procedures with Site Controlling to ensure compliance and accuracy in financial reporting.

About the Role:

This role offers a unique blend of challenge and opportunity, requiring strong analytical skills, excellent communication, and the ability to work effectively in a dynamic environment. As a Senior Cost Management Specialist, you will play a critical role in driving business success through effective financial planning and control.

Requirements:

- Bachelor's degree in Finance, Accounting, or a related field.
- Proven experience in cost management, financial planning, and analysis, preferably in a project-based environment.
- Strong knowledge of financial tools, techniques, and software, including budgeting and forecasting systems.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work independently and collaboratively as part of a high-performing team.

What We Offer:

- Competitive salary: SGD 90,000 - SGD 120,000 per annum.
- Opportunities for career growth and professional development in a dynamic industry leader.
- Collaborative and supportive work environment with a diverse team of experts.
- Comprehensive benefits package, including medical insurance, retirement plan, and paid time off.
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