Cost Control Manager

  • Kuwait
  • Permanent
  • Full-time
  • 1 month ago
The Cost Control Manager plays a crucial role in the real estate industry, particularly in managing financial resources effectively to ensure project profitability. This position involves overseeing the budgeting, forecasting, and financial analysis processes to maintain cost efficiency throughout various projects. The ideal candidate will have a strong background in finance and project management, with the ability to analyze complex data and provide actionable insights. This role is essential for ensuring that projects are completed within budget and that financial targets are met.Responsibilities: * Develop and implement cost control procedures and policies to enhance financial efficiency.
  • Prepare and monitor project budgets, ensuring alignment with financial goals.
  • Conduct regular financial analysis and forecasting to identify potential cost overruns.
  • Collaborate with project managers to provide financial insights and support decision-making.
  • Review and approve all project expenditures, ensuring compliance with budgetary constraints.
  • Prepare detailed reports on financial performance and present findings to senior management.
  • Identify opportunities for cost savings and efficiency improvements across projects.
  • Ensure accurate and timely financial reporting in accordance with company standards.
  • Train and mentor junior staff on cost control practices and financial management.
  • Stay updated on industry trends and regulations affecting cost management in real estate.
Preferred Candidate: * Strong analytical skills with a keen eye for detail.
  • Proven experience in cost control or financial management within the real estate sector.
  • Excellent communication skills, both verbal and written.
  • Ability to work collaboratively in a team-oriented environment.
  • Proficiency in financial software and Microsoft Excel.
  • Strong problem-solving skills and the ability to think strategically.
  • Experience in project management methodologies.
  • Ability to handle multiple projects simultaneously under tight deadlines.
  • Strong organizational skills and attention to detail.
  • Commitment to continuous professional development and learning.

Bayt

Similar Jobs

  • Cost Accountant

    • Kuwait
    · Prepare and monitor daily operating costs for all branches. · Follow up on raw material costs and control variances. · Provide periodic cost-related reports to management. …
    • 13 days ago
  • Cost Controller - Finance

    Bilfinger

    • Kuwait City
    The primary purpose of a Cost Controller is to manage the provision of financial performance analysis through effective and compliant cost attribution, financial control, and rep…
    • 13 days ago