Cost Control Manager

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Manage and monitor the cost control process to ensure that financial resources are utilized effectively and efficiently.

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Develop, review, and manage project or operational budgets.

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Prepare detailed cost estimates and financial forecasts.

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Monitor and track expenditures to ensure alignment with budget.

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Review and analyze cost-related data to maintain control over project and operational expenses.

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Develop Cost Control Policies and Procedures:

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Create and implement comprehensive cost control policies and procedures to manage expenses and optimize resource allocation.

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Regularly update and refine cost control practices to align with organizational goals and industry standards.

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Collaborate with project managers to ensure accurate budgeting, forecasting, and financial reporting.

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Work closely with various departments to integrate cost control measures into their operational processes.

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Report to Senior Management on Financial Performance and Cost Control Measures:

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Prepare and present detailed reports on financial performance, cost variances, and the effectiveness of cost control measures.

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Provide senior management with insights and recommendations for improving financial performance and controlling costs.

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Identify opportunities for cost reduction and process improvements.

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Develop and implement cost control strategies and best practices.

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Generate and review financial reports, including cost summaries and variance analyses.

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Implement cost control measures and procedures to manage and reduce costs.

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Manage and control the 3 costing pilers of Project costing, Manufacturing Costing, Logistics costing and Overhead costing.

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Maintain, develop and monitor the cost, Gross margins and expense budgets on a regular bases flagging variances.

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Strongly influence and audit the pricing mechanism in collaboration with Estimation department and Management.

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Strong collaboration with the ERP department for generation of live costing and variances reports.

Qualifications

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Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. (Master’s degree or professional certification such as CPA or CMA is a plus.)