Project Cost Controller


General Information


Company:
Confidential
Job Type:
Engineering
Location:
Lebanon
Date Posted:
Jan 15, 2021
Salary:
Unspecified
Employee Type:
Full-Time Employee
Gender:
Both

Description


Job Title: Project Cost Controller
Job Location: Beirut, Lebanon


Job Brief

We are currently seeking an experienced, thorough, and insightful project cost controller to oversee costs of our projects. The Cost Controller is responsible for successfully executing cost control activities on a variety of projects of different size in accordance with the project priorities within the budget and on schedule. This role is responsible for monitoring, updating and analyzing project cost, reporting on cost variances and supporting the schedule reviews. Cost Controller requires knowledge and awareness of both planning and cost control activities.


Job Responsibilities

• Open and setup a group of projects, monitor, control and report their performance through the whole project life cycle according to the company procedures and general project control practices
• Control project cost accounts, coordinate their opening and closing according to the schedule and project status
• Manage whether a proper progress measurement is in place for all project activities through the whole project cycle
• Propose solutions on matters that could prevent meeting the project objectives and provide recommendations to optimize the overall project cost
• Provide timely and accurate cost report updates at the end of each reporting period for the project control accounts to warrant proper monthly cost report
• Provide regular reports on project cost status and cost deviations and recommend remedial actions
• Provide regular reports on project time accumulation, analyze time budget variances, recommend remedial actions
• Provide input to client reporting as per contract requirements
• Prepare forward looking project and business cash flow forecasts
• Coordinate change management process on the project
• Report on the areas of concern that could prevent meeting the project objectives
• Interface with other project controls staff including cost controllers and planners to maintain an integrated cost-schedule project control system
• Interface with planners on the deliverables’ progress to update estimate-to-complete
• Present to team members as required
• Collaborate with Accounting and Finance department to initiate, review and issue client invoices
• Special assignments, ad hoc reports and other related duties as required


Qualifications
• Knowledge of project management techniques (i.e., critical path method, progress measurement and earned value technique) and experience in cost monitoring, analyzing and reporting
• Proficient in MS office suite software, with emphasis on Microsoft Excel
• Good organizational skills are required with attention to details
• Ability to establish priorities and work under pressure to meet project deadlines
• Working knowledge of the general project controls policies and procedures
• Working knowledge of regular financial processes, preferably in construction or engineering projects is an asset
• Solid report writing, communication and presentation skills
• Effective problem-solving skills with a results-oriented approach
• Strong analytical skills.
• Ability to work with staff, build and maintain good working relationships with Project Controls team

Company Profile