
Senior Project Cost Analyst
2 days ago
Project Cost Controllers are responsible for analyzing and controlling project costs to ensure alignment with budgets. They monitor, analyze, and report on project expenses.
The role involves tracking costs across various phases of a project, including engineering, procurement, and construction. This includes preparing detailed variance reports to identify the causes of deviations between budgeted and actual costs.
- Perform thorough cost analysis and control, ensuring accurate budgeting and forecasting.
- Monitor and analyze project expenses, identifying areas for cost reduction and optimization.
- Prepare regular financial and cost reports, providing valuable insights to stakeholders.
Key Responsibilities:
- Develop and implement effective cost management strategies to minimize waste and optimize resource utilization.
- Collaborate with project teams to track progress and update percentage-of-completion calculations.
- Provide strategic recommendations to improve project cash flow and profitability.
Qualifications:
- Chartered Accountant (CWA/CMA) with 8 years of experience in EPC Industry.
- Familiarity with International Financial Reporting Standards (IFRS), particularly IFRS 15, IFRS 9, and IFRS 16.
- Understanding of EPC project lifecycle, cost drivers, and risks.
- Strong analytical skills in cost analysis, budgeting, and variance analysis.
Required Skills:
- Effective communication skills to present complex financial information to non-technical stakeholders.
- Proficiency in project management and accounting software (SAP, Oracle).
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