Job Overview
We are seeking a seasoned Cost Management Specialist to lead our project control initiatives and drive cost efficiency across the organization.
Main Responsibilities
1. Project Oversight: Provide strategic direction for project management commissions, ensuring effective end-to-end service delivery.
2. Data Integration: Integrate data from scope estimating planning and risk disciplines to establish a baseline cost profile at the control account level, summarizing and assessing at project and programme levels.
3. Value of Work Done Analysis: Collaborate with project managers to conduct periodic assessments of Value of Work Done (VOWD) based on contractor payment applications, accrued costs, and forecasts from Tier 1 contractors and suppliers.
4. Cost Capture and Reporting: Ensure accurate and consistent capture of commitments and actual costs from financial and procurement systems, producing executive monthly cost reports using standard formats.
5. Estimate to Complete and Estimate at Completion: Integrate data from project managers to calculate the Estimate to Complete (ETC) and Estimate at Completion (EAC) based on trends, change status, VOWD, and ETC.
6. Variance Analysis: Analyze variances between baseline, actual earned, and forecast costs during periodic reviews.
7. Communication and Escalation: Maintain regular communication regarding the performance of the Project Controls Cost Management team, acting as a point of escalation when necessary.
Key Skills and Qualifications
* Proven experience in cost management and project controls.
* Strong analytical and problem-solving skills.
* Excellent communication and leadership abilities.
* Familiarity with industry standards and best practices.
Benefits
We offer a competitive salary and benefits package, including opportunities for professional growth and development.
Why Join Us?
This is an excellent opportunity to join a dynamic team and contribute to the success of our organization. If you are a motivated and experienced cost management professional looking for a new challenge, we encourage you to apply.