62 Cost Controller jobs in Saudi Arabia
Cost Controller
Posted today
Job Viewed
Job Description
Join to apply for the Cost Controller role at Burjline Builders
Join to apply for the Cost Controller role at Burjline Builders
Get AI-powered advice on this job and more exclusive features.
Job Summary:
We are looking for a seasoned
Job Summary:
We are looking for a seasoned Senior Cost Controller with over 10 years of experience in managing and overseeing project cost performance across complex and large-scale projects. The ideal candidate will play a strategic role in ensuring budget adherence, conducting in-depth financial analysis, and supporting decision-making through accurate and timely cost reporting. The role demands strong collaboration with planning, procurement, and engineering teams to proactively manage and mitigate financial risks.
Key Responsibilities:
- Oversee and manage the full cost control cycle for large-scale and multi-disciplinary projects.
- Monitor project budgets, track actual expenditures against approved estimates, and ensure cost compliance.
- Analyze cost variances and provide actionable insights and technical recommendations to maintain financial control.
- Lead the preparation of comprehensive financial reports, cost forecasts, and dashboards using Excel and Power BI.
- Utilize ERP systems (such as SAP, Oracle, or similar) to record, monitor, and control project-related costs and commitments.
- Evaluate actual quantities and costs executed on-site and compare with baseline budgets and BOQs.
- Collaborate with planning, procurement, and engineering teams to assess the cost impact of design changes and procurement strategies.
- Review and verify contractor invoices, variation orders, and change requests against contract terms and planned quantities.
- Prepare and update project cash flow forecasts to support financial planning and funding requirements.
- Ensure full alignment of costs with project scope, contractual terms, and payment conditions.
- Support integration between cost control and project scheduling for accurate earned value reporting and performance tracking.
- Mentor junior cost engineers and provide guidance in best practices for cost management and reporting.
- Bachelor’s degree in Engineering, Finance, Quantity Surveying, or a related field.
- 10+ years of proven experience in cost control/project controls, ideally in the construction, infrastructure, or engineering sectors.
- Advanced proficiency in Microsoft Excel, Power BI, and enterprise ERP systems (e.g., SAP, Oracle).
- Strong understanding of cost management methodologies, project lifecycle, and quantity tracking techniques.
- Expertise in earned value management (EVM), cash flow forecasting, and financial performance analysis.
- Excellent analytical, organizational, and leadership skills.
- Ability to communicate complex financial data effectively with both technical and non-technical stakeholders.
- Professional certification such as Certified Cost Professional (CCP) from AACE or PMP.
- Experience working on mega projects in sectors such as oil & gas, infrastructure, or EPC.
- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Accounting/Auditing and Finance
- Industries Construction
Referrals increase your chances of interviewing at Burjline Builders by 2x
Sign in to set job alerts for “Cost Controller” roles. CFO – Financial Controller (Regulated Role) - AssociateRiyadh, Riyadh, Saudi Arabia 21 hours ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-LjbffrCost Controller
Posted 4 days ago
Job Viewed
Job Description
As a project cost controller, you will be responsible for the cost control of several projects. You will report operationally to the project managers and functionality to the project cost control Manager, a member of the project Management office.
Job Description
Roles and Responsibilities:
- Monitor and analyze all operational costs to ensure adherence to budget.
- Track and evaluate expenditure on projects and daily operations to ensure they align with the company’s financial plans.
- Develop and maintain cost control procedures and methodologies.
- Forecast and manage costs related to materials, labour, and overhead.
- Prepare detailed cost analysis reports and present findings to senior management.
- Provide monthly, quarterly, and annual cost reports, including variance analysis and recommendations.
- Assist in preparing budgets and forecasts based on cost analysis data.
- Identify opportunities for cost reduction without compromising quality.
- Implement cost-control strategies across all departments and functions.
- Collaborate with other teams to develop and execute cost-effective processes and solutions.
- Assist in the creation of project budgets and financial forecasts.
- Review project costs regularly and ensure that financial targets are met.
- Develop cost models and financial projections for new and existing projects.
- Work closely with procurement, operations, and project management teams to ensure cost efficiency.
- Ensure effective communication regarding cost control measures and adherence to budgets.
- Liaise with finance teams to ensure accurate recording and allocation of costs.
- Ensure compliance with internal cost control policies, industry standards, and legal regulations.
- Prepare for and support internal and external audits by providing necessary cost-related information.
- Utilize cost control software and tools to track and report expenses.
- Continuously improve cost tracking and reporting methods to increase accuracy and efficiency.
- Analyze and report on risks related to costs and provide actionable recommendations.
- Identify potential financial risks and assist in implementing mitigation plans.
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. Professional certifications (e.g., CPA, CMA) are a plus.:
- 3-5 years of experience in cost control, accounting, or financial management.
- Experience in project cost control is highly preferred
- Proficiency in financial software (e.g., SAP, Oracle, QuickBooks).
- Strong knowledge of Excel/Power BI and data analysis
- English proficiency is a must
- Ability to analyze complex financial data and identify trends and anomalies.
- Strong attention to detail, with the ability to identify discrepancies and inconsistencies in cost data
- Excellent verbal and written communication skills to report findings and collaborate with teams
- Ability to think critically and propose cost-effective solutions
- Ability to prioritize tasks and meet deadlines in a fast-paced environment
- Ability to work both independently and as part of a team
- Strong ethical standards and a commitment to confidentiality
- Flexible and adaptable to changing business needs
- May involve some travel for project oversight or financial audits
- Office-based with occasional site visits
Relocation Assistance Provided: No #J-18808-Ljbffr
Cost Controller
Posted today
Job Viewed
Job Description
Join to apply for the Cost Controller role at Burjline Builders
Join to apply for the Cost Controller role at Burjline Builders
Get AI-powered advice on this job and more exclusive features.
Sign in to access AI-powered advicesContinue with Google Continue with Google
Continue with Google Continue with Google
Continue with Google Continue with Google
Continue with Google Continue with Google
About Us:
BAAN Holding Group, formerly known as Al Hokair Group, was established in 1978 and boasts a legacy spanning over five decades. As one of the pioneers in the hospitality and entertainment sectors across Saudi Arabia and the Arab world, BAAN Holding continues to expand its investments, starting with its notable ventures into catering.
Job Title: Area Cost Controller
Company: BAAN Holding | بان القابضة
Job Type: Full-time
Location: Eastern Region - Saudi Arabia
About Us:
BAAN Holding Group, formerly known as Al Hokair Group, was established in 1978 and boasts a legacy spanning over five decades. As one of the pioneers in the hospitality and entertainment sectors across Saudi Arabia and the Arab world, BAAN Holding continues to expand its investments, starting with its notable ventures into catering.
At BAAN Holding, we are committed to delivering innovative and diverse solutions in entertainment, hospitality, catering, and investment sectors. We prioritize quality and sustainability in every project we undertake, aiming to provide exceptional experiences for our customers while driving sustainable growth through innovative service models.
JOB PURPOSE:
Under the general guidance and supervision of the Finance & Business Support Manager, provide costing, control, administration support in regard to food and beverage cost to F&B Department, supervises inventory control. Implements and maintains proper control systems in regard to sales and costs. Responsible for all charges and records of operating supplies in the storerooms except engineer storeroom, proper recording of merchandise entering and leaving the storerooms, and supervising & training the storeroom and receiving personnel and relevant record keeping in accordance with Intercontinental Hotel Group's Policy and Procedure.
RELATIONSHIPS:
- Reports directly to Area Financial Controller.
- Interacts with other employees of the Accounting, Stores and Purchasing Office as and when necessary.
- Interacts with Executive Chef, Sou Chef, F&B Manager and suppliers.
- Cooperate, coordinates with Hotel Departments as required.
- To perform daily/monthly food and beverage sales reconciliation using POS-generated sales analysis report and ensure that all discrepancies are explained.
- To perform monthly physical count of all warehouse and operation stocks and month-end inventory closing in the strict respect of the hotel procedures, with final balances reconciled with general ledger month-end balance.
- To report the daily and monthly F&B costs with emphasis and detailed analysis on exceptional variances, trend of cost of sales ratios, slow moving items, breakage & loss, etc
- To study, analyze and report on all variances pertaining to costs and inventory management
- To manage the hotel monthly inventory process in the strict respect of the hotel policies
- To supervise the daily receiving and storekeeping activities the hotel are accounted for and properly supported
- To ensure the implementation of all cost control policies and procedures and their enforcement by all departments
- To prepare and issue various cost reports
- To verify that officer checks (duty meals), F&B entertainment checks are processed according to the procedure and to prepare a daily entertainment report
- To cost all recipes, inter-kitchen transfer as well as any food and beverage consumed by the hotel employee.
- To define min/max, par stock management system and ensure the strict compliance with by all parties concerned
- To control that all goods received and delivered in/out hotel main stores are properly documented and accounted for
- To maintain a close relationship with the Executive Chef, F&B Manager, Kitchen staff, Bartender in order to minimize food and beverage costs.
- To be ready and responsible when assigned to perform any other duties as designated by higher management.
- To take responsibility to ensure all required tasks are completed accurately and within given time frames.
- Any other reasonable request as required by your supervisor or Hotel
- Seniority level Entry level
- Employment type Full-time
- Job function Accounting/Auditing and Finance
- Industries Construction
Referrals increase your chances of interviewing at Burjline Builders by 2x
Sign in to set job alerts for “Cost Controller” roles.Continue with Google Continue with Google
Continue with Google Continue with Google
Riyadh, Riyadh, Saudi Arabia 21 hours ago
Financial Controller, Multilateral Financial Institution (Role Based in GCC)Riyadh, Riyadh, Saudi Arabia 14 hours ago
Senior Cost & Change Controller- NEOM GHE Factory Business Controller - Saudi Nationals Only Senior Project Financial Controller (H/F) - AIRBUS DEFENCE AND SPACE SAUDI LIMITEDWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-LjbffrCost Controller
Posted today
Job Viewed
Job Description
Join to apply for the Cost Controller role at Sofitel .
Get AI-powered advice on this job and more exclusive features.
Company DescriptionSofitel Riyadh Hotel & Convention Center: A Symphony of French Elegance and Saudi Arabian Warmth
The Sofitel Riyadh is dedicated to providing a five-star experience characterized by luxury, elegance, and impeccable service. The hotel's commitment to personalized attention ensures that each guest's stay is not just comfortable but memorable. Blending urban sophistication with refined opulence, the Sofitel Riyadh creates an atmosphere where every detail is thoughtfully curated to offer a unique and unforgettable experience.
Job Description- Check the data entered by Materials Management employees and correct where necessary.
- Amend the micros database as requested & approved by proper authorities.
- Prepare daily Comparison Reports on Food & Beverage Actual vs. Potential costs / sales.
- Reconcile the cost of all officer and entertainment checks and apply credits to the respective departments.
- Prepare analysis on General Stores issues such as guest supplies against budget.
- Verify the accuracy of recipes for outlets and kitchens for inventory control and potential costing.
- Maintain records of inventory transactions that cannot be tracked through the system, such as banquet events and buffets.
- Audit inventory transactions and make adjustments when necessary.
- Collate and journalize month-end figures.
- Attend month-end and other stocktaking activities in all Food & Beverage and general areas.
- Degree or Diploma in Accountancy or equivalent
- 2+ years of experience in cost control or a related field
- Strong knowledge of cost accounting principles
- Excellent analytical and problem-solving skills
- Proficient in Materials Control and Micros software
Our Commitment To Diversity & Inclusion
We are an inclusive company and our ambition is to attract, recruit, and promote diverse talent.
Seniority levelEntry level
Employment typeFull-time
Job functionAccounting/Auditing and Finance
IndustriesHospitality
Referrals increase your chances of interviewing at Sofitel by 2x.
Get notified about new Cost Controller jobs in Riyadh, Riyadh, Saudi Arabia .
#J-18808-LjbffrCost Controller
Posted today
Job Viewed
Job Description
Job Summary:
We are looking for a seasoned Senior Cost Controller with over 10 years of experience in managing and overseeing project cost performance across complex and large-scale projects. The ideal candidate will play a strategic role in ensuring budget adherence, conducting in-depth financial analysis, and supporting decision-making through accurate and timely cost reporting. The role demands strong collaboration with planning, procurement, and engineering teams to proactively manage and mitigate financial risks.
Key Responsibilities:
- Oversee and manage the full cost control cycle for large-scale and multi-disciplinary projects.
- Monitor project budgets, track actual expenditures against approved estimates, and ensure cost compliance.
- Analyze cost variances and provide actionable insights and technical recommendations to maintain financial control.
- Lead the preparation of comprehensive financial reports, cost forecasts, and dashboards using Excel and Power BI.
- Utilize ERP systems (such as SAP, Oracle, or similar) to record, monitor, and control project-related costs and commitments.
- Evaluate actual quantities and costs executed on-site and compare with baseline budgets and BOQs.
- Collaborate with planning, procurement, and engineering teams to assess the cost impact of design changes and procurement strategies.
- Review and verify contractor invoices, variation orders, and change requests against contract terms and planned quantities.
- Prepare and update project cash flow forecasts to support financial planning and funding requirements.
- Ensure full alignment of costs with project scope, contractual terms, and payment conditions.
- Support integration between cost control and project scheduling for accurate earned value reporting and performance tracking.
- Mentor junior cost engineers and provide guidance in best practices for cost management and reporting.
Qualifications & Skills:
- Bachelor’s degree in Engineering, Finance, Quantity Surveying, or a related field.
- 10+ years of proven experience in cost control/project controls, ideally in the construction, infrastructure, or engineering sectors.
- Advanced proficiency in Microsoft Excel , Power BI , and enterprise ERP systems (e.g., SAP, Oracle).
- Strong understanding of cost management methodologies, project lifecycle, and quantity tracking techniques.
- Expertise in earned value management (EVM), cash flow forecasting, and financial performance analysis.
- Excellent analytical, organizational, and leadership skills.
- Ability to communicate complex financial data effectively with both technical and non-technical stakeholders.
Preferred:
- Professional certification such as Certified Cost Professional (CCP) from AACE or PMP .
- Experience working on mega projects in sectors such as oil & gas, infrastructure, or EPC.
Cost Controller
Posted today
Job Viewed
Job Description
Job Description
Cost Controller - ( ACC000A9 )
Description
A Cost Controller manages the project costs. Cost Controllers' tasks include developing, controlling, planning, and forecasting the project's budget. They ensure that projects are completed within the approved budget and minimize deviations from it. Cost Controllers should understand total cost management concepts, budget distribution, and setting a cost limit. They should also know how to detect issues, analyze cost reports, and manage value. Being a Cost Controller also requires skills to effectively communicate the project's cost performance, concerns, and recovery plans to the project team.
Key Responsibilities- Work in conjunction with all department heads to ensure maximum profitability.
- Provide critical assessment of all budgets and cost projections.
- Assess all incoming products, resources, and services to ensure the best price.
- Maintain vendor and service provider relationships.
- Remain acutely aware of market trends that could impact resource costs.
- Keep up to date on new vendors and possible cost-cutting partnerships.
- Analyze invoices to ensure correct products/services were received at the expected cost.
- Collaborate with department heads to strategize ways to minimize waste.
- Demonstrate a comprehensive understanding of the interdependency of cost drivers.
- Understand the entire arc of the business and how productivity impacts profitability.
- Commit to maximizing efficiency at all levels without compromising quality.
- Develop and implement proactive solutions and cost-cutting measures.
- Present new strategies and assessments to stakeholders in a compelling fashion.
- Educate and persuade stakeholders to procure buy-in and cooperation.
- Roll out clear cost-saving programs with timelines and assessment goals.
- Evaluate project and conduct project cost/benefit analysis.
- Improve business cost-efficiency by reducing costs, or at least restricting the rate of growth.
Cost Controller
Posted today
Job Viewed
Job Description
Job Summary:
We are looking for a seasoned Senior Cost Controller with over 10 years of experience in managing and overseeing project cost performance across complex and large-scale projects. The ideal candidate will play a strategic role in ensuring budget adherence, conducting in-depth financial analysis, and supporting decision-making through accurate and timely cost reporting. The role demands strong collaboration with planning, procurement, and engineering teams to proactively manage and mitigate financial risks.
Key Responsibilities:
- Oversee and manage the full cost control cycle for large-scale and multi-disciplinary projects.
- Monitor project budgets, track actual expenditures against approved estimates, and ensure cost compliance.
- Analyze cost variances and provide actionable insights and technical recommendations to maintain financial control.
- Lead the preparation of comprehensive financial reports, cost forecasts, and dashboards using Excel and Power BI.
- Utilize ERP systems (such as SAP, Oracle, or similar) to record, monitor, and control project-related costs and commitments.
- Evaluate actual quantities and costs executed on-site and compare with baseline budgets and BOQs.
- Collaborate with planning, procurement, and engineering teams to assess the cost impact of design changes and procurement strategies.
- Review and verify contractor invoices, variation orders, and change requests against contract terms and planned quantities.
- Prepare and update project cash flow forecasts to support financial planning and funding requirements.
- Ensure full alignment of costs with project scope, contractual terms, and payment conditions.
- Support integration between cost control and project scheduling for accurate earned value reporting and performance tracking.
- Mentor junior cost engineers and provide guidance in best practices for cost management and reporting.
Qualifications & Skills:
- Bachelor’s degree in Engineering, Finance, Quantity Surveying, or a related field.
- 10+ years of proven experience in cost control/project controls, ideally in the construction, infrastructure, or engineering sectors.
- Advanced proficiency in Microsoft Excel , Power BI , and enterprise ERP systems (e.g., SAP, Oracle).
- Strong understanding of cost management methodologies, project lifecycle, and quantity tracking techniques.
- Expertise in earned value management (EVM), cash flow forecasting, and financial performance analysis.
- Excellent analytical, organizational, and leadership skills.
- Ability to communicate complex financial data effectively with both technical and non-technical stakeholders.
Preferred:
- Professional certification such as Certified Cost Professional (CCP) from AACE or PMP .
- Experience working on mega projects in sectors such as oil & gas, infrastructure, or EPC.
Be The First To Know
About the latest Cost controller Jobs in Saudi Arabia !
Cost Controller
Posted today
Job Viewed
Job Description
Job Description
Cost Controller - ( ACC000A9 )
Description
A Cost Controller manages the project costs. Cost Controllers' tasks include developing, controlling, planning, and forecasting the project's budget. They ensure that projects are completed within the approved budget and minimize deviations from it. Cost Controllers should understand total cost management concepts, budget distribution, and setting a cost limit. They should also know how to detect issues, analyze cost reports, and manage value. Being a Cost Controller also requires skills to effectively communicate the project's cost performance, concerns, and recovery plans to the project team.
Key Responsibilities- Work in conjunction with all department heads to ensure maximum profitability.
- Provide critical assessment of all budgets and cost projections.
- Assess all incoming products, resources, and services to ensure the best price.
- Maintain vendor and service provider relationships.
- Remain acutely aware of market trends that could impact resource costs.
- Keep up to date on new vendors and possible cost-cutting partnerships.
- Analyze invoices to ensure correct products/services were received at the expected cost.
- Collaborate with department heads to strategize ways to minimize waste.
- Demonstrate a comprehensive understanding of the interdependency of cost drivers.
- Understand the entire arc of the business and how productivity impacts profitability.
- Commit to maximizing efficiency at all levels without compromising quality.
- Develop and implement proactive solutions and cost-cutting measures.
- Present new strategies and assessments to stakeholders in a compelling fashion.
- Educate and persuade stakeholders to procure buy-in and cooperation.
- Roll out clear cost-saving programs with timelines and assessment goals.
- Evaluate project and conduct project cost/benefit analysis.
- Improve business cost-efficiency by reducing costs, or at least restricting the rate of growth.
Cost Controller

Posted 6 days ago
Job Viewed
Job Description
**Job Number** 25104848
**Job Category** Finance & Accounting
**Location** The Red Sea EDITION, Shura Island, Hanak, Saudi Arabia, Saudi Arabia, 48313VIEW ON MAP ( Full Time
**Located Remotely?** N
**Position Type** Management
**JOB SUMMARY**
Supports the day-to-day execution of general ledger impacted processes, including support to clients as they work with and understand these processes. Performs accounting functions specifically in the areas of account balancing, ledger reconciliation, reporting and discrepancy resolution.
**CANDIDATE PROFILE**
**Education and Experience**
- 4-year bachelor's degree in Finance and Accounting or related major; no work experience required.
**OR**
- 2-year degree from an accredited university in Finance and Accounting or related major; 1 year experience in finance and accounting or related professional area.
**CORE WORK ACTIVITIES**
**Managing Work, Projects, and Policies**
- Coordinates and implements accounting work and projects as assigned.
- Coordinates, implements and follows up on Accounting SOP audits for all areas of the property.
- Complies with Federal and State laws applying to fraud and collection procedures.
- Generates and provides accurate and timely results in the form of reports, presentations, etc.
- Analyzes information and evaluates results to choose the best solution and solve problems.
- Compiles, codes, categorizes, calculates, tabulates, audits, or verifies information or data.
- Balances credit card ledgers.
- Verifies contracts for groups and performs credit reference checks for direct billed groups if necessary.
**Maintaining Finance and Accounting Goals**
- Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
- Develops specific goals and plans to prioritize, organize, and accomplish your work.
- Submits reports in a timely manner, ensuring delivery deadlines.
- Ensures profits and losses are documented accurately.
- Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
- Maintains a strong accounting and operational control environment to safeguard assets.
- Completes period end function each period.
- Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources.
**Demonstrating and Applying Accounting Knowledge**
- Demonstrates knowledge of job-relevant issues, products, systems, and processes.
- Demonstrates knowledge of return check procedures.
- Demonstrates knowledge of the Gross Revenue Report.
- Demonstrates knowledge and proficiency with write off procedures.
- Demonstrates knowledge and proficiency with consolidated deposit procedures.
- Keeps up-to-date technically and applying new knowledge to your job.
- Uses computers and computer systems (including hardware and software) to program, develop financial spreadsheets, set up functions, enter data, or process information.
- Uses relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
**Additional Responsibilities**
- Provides information to supervisors and co-workers by telephone, in written form, e-mail, or in person.
- Demonstrates personal integrity.
- Uses effective listening skills.
- Demonstrates self confidence, energy and enthusiasm.
- Manages group or interpersonal conflict effectively.
- Informs and/or updates the executives and the peers on relevant information in a timely manner.
- Manages time well and possesses strong organizational skills.
- Presents ideas, expectations and information in a concise well organized way.
- Uses problem solving methodology for decision making and follow up.
- Makes collections calls if necessary.
_At Marriott International, we are dedicated to being an equal opportunity employer, welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and celebrated?Our greatest strength lies in the rich blend of culture, talent, and experiences of our associates. We are committed to non-discrimination on any protected basis, including disability, veteran status, or other basis protected by applicable law._
EDITION Hotels combine the visionary genius of boutique hotelier Ian Schrager, the service delivery of a world-class luxury hotel, and the global reach of Marriott International to create an entirely new experience in the world of hospitality. EDITION delivers the best of both worlds in a delicate balancing act - polish with personality, perfectionism with individualism, and comfort with charisma and charm. The brand targets sophisticated, knowledgeable consumers who understand quality, originality, design, and service excellence, but who want it without limitations - breaking the bounds of convention and demanding an attitude and a feeling wrapped in a package that showcases the exceptional.
But to create this magical experience, we need you. We are looking for outgoing, authentically amazing people who are looking for a place to work that inspires them, challenges them and makes them proud to come to work. A place where service comes from the heart, not from a handbook. A place that delivers a never-ending theatrical performance that continuously delights and enchants each and every one of our guests.
We invite you to join us today. In joining EDITION, you join a portfolio of brands with Marriott International. **Be** where you can do your best work,? **begin** your purpose, **belong** to an amazing global? team, and **become** the best version of you.
Cost Controller
Posted 25 days ago
Job Viewed
Job Description
As a project cost controller, you will be responsible for the cost control of several projects. You will report operationally to the project managers and functionality to the project cost control Manager, a member of the project Management office.
**Job Description**
**Roles and Responsibilities:**
+ Monitor and analyze all operational costs to ensure adherence to budget.
+ Track and evaluate expenditure on projects and daily operations to ensure they align with the company's financial plans.
+ Develop and maintain cost control procedures and methodologies.
+ Forecast and manage costs related to materials, labour, and overhead.
+ Prepare detailed cost analysis reports and present findings to senior management.
+ Provide monthly, quarterly, and annual cost reports, including variance analysis and recommendations.
+ Assist in preparing budgets and forecasts based on cost analysis data.
+ Identify opportunities for cost reduction without compromising quality.
+ Implement cost-control strategies across all departments and functions.
+ Collaborate with other teams to develop and execute cost-effective processes and solutions.
+ Assist in the creation of project budgets and financial forecasts.
+ Review project costs regularly and ensure that financial targets are met.
+ Develop cost models and financial projections for new and existing projects.
+ Work closely with procurement, operations, and project management teams to ensure cost efficiency.
+ Ensure effective communication regarding cost control measures and adherence to budgets.
+ Liaise with finance teams to ensure accurate recording and allocation of costs.
+ Ensure compliance with internal cost control policies, industry standards, and legal regulations.
+ Prepare for and support internal and external audits by providing necessary cost-related information.
+ Utilize cost control software and tools to track and report expenses.
+ Continuously improve cost tracking and reporting methods to increase accuracy and efficiency.
+ Analyze and report on risks related to costs and provide actionable recommendations.
+ Identify potential financial risks and assist in implementing mitigation plans.
**Required Qualifications:**
+ Bachelor's degree in Accounting, Finance, Business Administration, or a related field. Professional certifications (e.g., CPA, CMA) are a plus.:
+ 3-5 years of experience in cost control, accounting, or financial management.
+ Experience in project cost control is highly preferred
+ Proficiency in financial software (e.g., SAP, Oracle, QuickBooks).
+ Strong knowledge of Excel/Power BI and data analysis
+ English proficiency is a must
**Desired Qualifications:**
+ Ability to analyze complex financial data and identify trends and anomalies.
+ Strong attention to detail, with the ability to identify discrepancies and inconsistencies in cost data
+ Excellent verbal and written communication skills to report findings and collaborate with teams
+ Ability to think critically and propose cost-effective solutions
+ Ability to prioritize tasks and meet deadlines in a fast-paced environment
+ Ability to work both independently and as part of a team
+ Strong ethical standards and a commitment to confidentiality
+ Flexible and adaptable to changing business needs
+ May involve some travel for project oversight or financial audits
+ Office-based with occasional site visits
**Additional Information**
**Relocation Assistance Provided:** No
GE Vernova is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.