Cost Control Head

Role Summary:

The Head of Cost Control is a pivotal leadership role, responsible for overseeing all aspects of cost management, budgeting, and financial planning within the contracting company. Operating from the head office, this position requires a strategic thinker with deep corporate experience and a proven track record in contracting or construction environments. The ideal candidate will have exceptional expertise in managing cost control processes for large-scale projects, ensuring financial efficiency and organizational profitability.

Key Responsibilities:

Strategic Cost Management:
- Develop and implement company-wide cost control policies, procedures, and systems.
- Align cost control strategies with corporate goals and project requirements.

Budgeting and Forecasting:
- Lead the preparation of budgets for projects and operations, ensuring accurate forecasting and cost estimation.
- Monitor and evaluate budget variances, proposing corrective actions where necessary.

Cost Analysis and Reporting:
- Oversee the preparation of cost reports, providing detailed analyses and insights to senior management.
- Ensure accurate and timely reporting of cost data to facilitate strategic decision-making.

Risk Management:
- Identify cost-related risks and develop mitigation strategies.
- Establish controls to manage potential financial exposures effectively.

Project Oversight:
- Collaborate with project teams to ensure cost optimization across all phases of the project lifecycle.
- Provide expertise on contractual and procurement cost control matters.

Leadership and Collaboration:
- Lead and mentor the cost control team, fostering a culture of excellence and accountability.
- Work closely with cross-functional teams, including finance, project management, and procurement.

Compliance and Governance:
- Ensure adherence to corporate financial policies, regulatory standards, and best practices in cost management.
- Drive continuous improvement initiatives to enhance efficiency and accuracy in cost control processes.