Monitoring and updating cost estimates for projects to ensure that costs are within expected ranges
Reviewing expense reports to ensure that expenses are 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 reports to management regarding costs and expenses
Preparing bid estimates for new projects or bids on existing projects
Managing supplier relationships to ensure that the company is receiving quality products at competitive prices
candidates who have a master’s degree in business administration (MBA) are primarily selected.