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Project Cost Controller

2 weeks ago

Singapore CONCORD CORPORATION PTE. LTD. Full time

**Job Description**:

- Work in closely with project manager to maximise the project profitability.
- Provide critical assessment of project budgets and cost projections
- Remain acutely aware of market trends that could impact resource costs
- Collaborate with department heads to strategize ways to minimize waste and improve project profitability
- Monitoring and updating cost estimates for projects to ensure that costs are within expected ranges
- Reviewing project P&L reports to ensure that cost is reasonable and appropriate for the circumstances
- Coordinating with other departments such as human resources, payroll, accounting, and finance to ensure that all costs are accurately tracked
- Conducting cost analyses to identify areas where costs can be reduced or eliminated altogether
- Monitoring budgets to ensure that spending does not exceed approved levels
- Collecting cost data from suppliers or subcontractors to track material costs
- Preparing monthly WIP reports to management regarding costs and expenses
- Countercheck bid estimates for new projects or bids on existing projects
- Alert the management for the potential project cost overruns.