Urgent! Lead Cost Control Engineer Job Opening In Algeria, Algeria – Now Hiring Power International Holding
Job Summary
The Lead Cost Control Engineer is responsible to manage and optimize project expenditures throughout the construction lifecycle, ensuring adherence to budgetary constraints, including overseeing cost estimation, tracking, and reporting processes, identifying variances and implementing corrective actions to maintain financial targets.
Through meticulous analysis and strategic planning, the role maximizes cost efficiency and support the timely delivery of high-quality projects.
Job Responsibilities 1
Develop and implement cost control procedures and systems to monitor project expenditures and ensure adherence to budgetary constraints.
Collaborate with project managers and stakeholders to establish project budgets, cost forecasts, and expenditure plans.
Conduct detailed cost estimation and analysis for project components, materials, labor, and overhead expenses.
Track and analyze project costs, identifying variances, trends, and potential cost-saving opportunities.
Prepare regular cost reports and presentations for project stakeholders, highlighting key financial metrics and performance indicators.
Review contractor and vendor invoices, verifying accuracy and adherence to contract terms and pricing agreements.
Evaluate change orders and variations to assess their impact on project costs and timelines, and negotiate with stakeholders as necessary.
Implement cost control measures to mitigate risks and minimize cost overruns, including value engineering and cost-saving initiatives.
Provide guidance and support to project teams on cost-related matters, offering recommendations for cost-effective solutions and strategies.
Continuously monitor market trends, pricing fluctuations, and regulatory changes that may impact project costs, and adjust cost control strategies accordingly.
Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies
Job Responsibilities 2
Additional Responsibilities 3
Job Knowledge & Skills
Proficiency in financial analysis techniques to assess project costs, identify trends, and analyze variances.
This includes knowledge of financial modeling, cost estimation methodologies, and understanding of accounting principles.
Strong project management skills to effectively plan, organize, and prioritize tasks related to cost control activities.
This includes the ability to coordinate with multiple stakeholders, manage timelines, and ensure alignment with project objectives.
Familiarity with cost control software and tools such as Primavera, Procore, or similar platforms used for budget tracking, forecasting, and reporting.
Proficiency in using spreadsheets and database software for data analysis and reporting is also essential.
Knowledge of contract management principles and experience in reviewing contracts, change orders, and vendor agreements to ensure compliance with cost control objectives.
This includes the ability to negotiate terms and resolve disputes related to project costs.
Excellent communication and interpersonal skills to effectively liaise with project teams, contractors, vendors, and other stakeholders.
The ability to convey complex cost-related information clearly and concisely, as well as collaborate with cross-functional teams, is crucial for success in this role.
ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Job Experience
Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plus.
Competencies
Education
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Unlock Your Lead Cost Potential: Insight & Career Growth Guide
Real-time Lead Cost Jobs Trends in Algeria, Algeria (Graphical Representation)
Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph below. This graph displays the job market trends for Lead Cost in Algeria, Algeria using a bar chart to represent the number of jobs available and a trend line to illustrate the trend over time. Specifically, the graph shows 24 jobs in Algeria and 8 jobs in Algeria. This comprehensive analysis highlights market share and opportunities for professionals in Lead Cost roles. These dynamic trends provide a better understanding of the job market landscape in these regions.
Great news! Power International Holding is currently hiring and seeking a Lead Cost Control Engineer to join their team. Feel free to download the job details.
Wait no longer! Are you also interested in exploring similar jobs? Search now: Lead Cost Control Engineer Jobs Algeria.
An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Power International Holding adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a Lead Cost Control Engineer Jobs Algeria varies, but the pay scale is rated "Standard" in Algeria. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
Key qualifications for Lead Cost Control Engineer typically include Business Operations Specialists and a list of qualifications and expertise as mentioned in the job specification. Be sure to check the specific job listing for detailed requirements and qualifications.
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Here are some tips to help you prepare for and ace your job interview:
Before the Interview:To prepare for your Lead Cost Control Engineer interview at Power International Holding, research the company, understand the job requirements, and practice common interview questions.
Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the Power International Holding's products or services and be prepared to discuss how you can contribute to their success.
By following these tips, you can increase your chances of making a positive impression and landing the job!
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