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Job Description
- Monitor project expenses and compare them to budgeted costs.
- Analyze cost variances and identify areas of cost overruns.
- Assist in developing project budgets and cost estimation methodologies.
- Prepare accurate cost forecasts based on project progress.
- Develop and implement cost control strategies to minimize project expenses.
- Maintain detailed records of project costs and financial documents.
- Prepare regular cost reports and updates for project stakeholders.
- Identify potential risks to project costs and develop risk mitigation strategies.
- Evaluate vendor and contractor proposals and monitor their performance.
- Collaborate with project teams to address cost-related issues and optimize project finances.
Job Requirements
- Proven experience as a cost analyst, cost specialist, or similar role
- 5 to 12 years of experience
- Proven experience in cost control, preferably in engineering or construction.
- Strong analytical skills and proficiency in cost management software.
- Excellent communication and interpersonal skills.
