Overview:
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The Lead Cost Control is responsible for overseeing all aspects of project cost control to ensure projects are completed within the approved budget.
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This role involves developing and implementing cost control procedures, monitoring project costs, analyzing variances, and providing cost forecasting.
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The Lead Cost Control will work closely with project managers, engineers, and finance teams to support decision-making processes and manage financial risks.
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Responsibilities:
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  Establish and maintain cost control systems and procedures to ensure project costs are effectively managed and controlled.
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  Monitor project expenditures, commitments, and actual costs against the approved budget to identify variances and recommend corrective actions.
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  Develop and maintain cost forecasts, providing accurate and timely cost reporting to project management and stakeholders.
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  Prepare detailed cost estimates and budgets, including the development of Work Breakdown Structures (WBS) and cost control plans.
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  Collaborate with project teams to review and validate cost estimates, track changes, and ensure that all cost impacts are accurately captured.
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  Lead cost control reviews, including monthly cost reviews, variance analysis, and progress reporting.
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  Analyze cost trends and provide recommendations to improve cost efficiency and mitigate financial risks.
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  Support the contract and procurement processes by reviewing cost-related aspects of contracts, purchase orders, and change orders.
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  Ensure alignment with company policies, procedures, and industry best practices in cost control.
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Education:
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  Bachelor's degree in Engineering, Finance, Business Administration, or a related field.
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Certifications / Specialization / IT Skills:
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  Certification in Cost Control or Project Management (e.g., AACE CCP, PMI-PMP) is preferred.
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  Proficiency in cost control software (e.g., Primavera, SAP, or other ERP systems) and advanced Excel skills.
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Years of Experience:
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  Minimum 10 years of experience in cost control, with at least 5 years in a lead role, preferably within the oil and gas, construction, or EPC industries.
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Technical Knowledge:
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   Cost Control Systems: Strong knowledge of cost control methodologies, budgeting, forecasting, and financial reporting, including experience with developing and managing cost control systems and tools.
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   Project Management: Understanding of project management principles, including cost estimation, scheduling, risk management, and change control processes.
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Note: Due to Visa limitations, your application will not be accepted if your nationality is Indian, Egyptian or Indonesian. Exception, if you are already a resident inside Qatar with a valid QID, transfer of sponsorship is possible!
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BH-0802

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