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Cost Control Accountant - Constr...

Heliopolis, Cairo

Cost Control Accountant - Construction

Heliopolis, Cairo
Posted 1 month ago
61Applicants for1 open position
  • 59Viewed
  • 7In Consideration
  • 0Not Selected

Job Details

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Job Description

  • Track and monitor project costs to ensure alignment with approved budgets.
  • Analyze cost variances and recommend corrective actions to stay within budget constraints.
  • Assist in the preparation of project budgets and cost estimates during the planning phase.
  • Update project budgets based on actual costs incurred and anticipated future expenses.
  • Prepare regular financial reports, including cost-to-complete, cash flow forecasts, and budget variance analysis.
  • Provide accurate and timely financial information to project managers and senior management.
  • Develop and implement cost control procedures to improve financial efficiency.
  • Review and validate all cost-related documents, including purchase orders, invoices, and subcontractor payments.
  • Evaluate the financial impact of change orders, variations, and scope changes.
  • Work closely with the project team to ensure changes are properly documented and reflected in the project budget.
  • Review contracts and agreements to ensure cost-related terms and conditions are met.
  • Ensure compliance with company policies, contractual obligations, and industry standards.
  • Perform monthly and quarterly reconciliations of cost accounts to maintain accurate financial records.
  • Investigate discrepancies and take corrective actions to resolve any accounting issues.
  • Work closely with project managers, procurement teams, and other stakeholders to manage project costs effectively.
  • Provide financial insights to support decision-making and project planning.

Job Requirements

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Minimum of 10 years of experience in cost control accounting within the construction industry.
  • Proficient in accounting software and tools (e.g., SAP, Oracle, MS Excel).
  • Strong analytical and problem-solving skills.
  • Excellent organizational and communication skills.
  • Ability to work independently and as part of a team in a dynamic environment.
  • Knowledge of construction contracts, project management principles, and cost control methodologies.
  • Experience with large-scale construction projects.
  • Familiarity with financial forecasting and budgeting tools.


 

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