· Participates in preparation and development of projects budget for direct and indirect costs, allowance for G&A, and determination of projects gross margin and net profit.
· Coordinates, and assists in amending projects budget to reflect revenue alterations by fall or raise (variation orders, additional works, reductions).
· Details internal manpower utilization plans (deployment and layoff) for discipline, service, and/or specialty activities.
· Reviews purchase requests/ purchase orders to verify quantities, prices, payments T&C, and GL cost accounting.
· Performs tracking of interim payment applications (submission, approval, return), and presents reports on the payment-related aspects in terms of providing the adequate justifications regarding deductions, penalties, withholdings, if any.
· Develops monthly reports on projects progress status, billing position (under/ over billed amounts), work in progress adjustments if required.
· Assists in generating realistic cash flow projections which allow the company to realize its financial health, cash position, solvency, and any deficits may be expected in its projects.
· Controls and analyzes of projects expenses against the approved budget costs and identifies any deviations thereof.
· Maintains producing of projects monthly variance analysis report which show deviations form budget, the amount of accrual costs, the P&L statement, and any other figures may be required to reflect the project status which let executives’ make their decisions.
- Performs other related duties as assigned.
Job Details
| Posted Date: | 2024-07-04 |
| Job Location: | Saudi Arabia - Jeddah - Ar-Rawdha |
| Job Role: | Accounting and Auditing |
| Company Industry: | Technical Maintenance & Repair; Facilities & Property Management; Manufacturing |
Preferred Candidate
| Nationality: | Saudi Arabia |
| Degree: | Bachelor's degree |
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jobs Cost Controller Specialist - SSCL
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