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Job Description
Cost Control & Budget Management
- Develop and implement cost control strategies to ensure projects remain within approved budgets.
- Oversee cost estimation, forecasting, and variance analysis for engineering projects.
- Monitor project expenditures, identify cost-saving opportunities, and recommend corrective actions.
- Ensure accurate financial reporting and cost tracking in alignment with company policies.
Commercial Strategy & Contract Management
- Lead commercial negotiations with contractors, suppliers, and clients to secure favorable terms.
- Review and manage contracts, ensuring compliance with legal, financial, and regulatory requirements.
- Assess risks in commercial agreements and propose mitigation strategies.
- Drive value engineering initiatives to optimize project costs without compromising quality.
Financial Oversight & Reporting
- Prepare and present financial reports, cost performance analyses, and budget updates to senior management.
- Ensure alignment between project financials and corporate financial goals.
- Work closely with the finance team to ensure accurate cost allocation and financial forecasting.
Team Leadership & Stakeholder Collaboration
- Lead and mentor a team of cost engineers, estimators, and commercial managers.
- Collaborate with project managers, engineering teams, and procurement to align cost control measures with project execution.
- Engage with clients, vendors, and regulatory bodies to ensure commercial and contractual compliance.
Job Requirements
- Has at least 10 years of experience.
- Proven experience as commercial director or other relevant role
- Excellent communication and management skills.
- Fluent in written and spoken English.
