About the job
Join Nawy Real Estate as a Cost Control Engineer, where you will play a pivotal role in overseeing and managing project costs to ensure that our construction projects meet financial targets. Your expertise will be essential in developing and implementing effective cost control procedures, analyzing project budgets, and delivering precise cost forecasts to aid strategic decision-making.
Key Responsibilities:
- Design and execute robust cost control strategies and procedures to efficiently monitor project expenditures.
- Prepare and uphold comprehensive project budgets, cost estimates, and forecasts throughout each phase of the project lifecycle.
- Monitor and assess project expenditures to ensure adherence to established budgetary constraints.
- Conduct periodic cost reviews and generate variance reports for project managers.
- Collaborate with project teams to uncover cost-saving initiatives and identify financial risks.
- Support the progress billing process and assist in verifying supplier and contractor invoices.
- Offer technical guidance in generating financial reports, including cash flow forecasts.
- Engage in project meetings to provide insights on cost performance and financial projections.
- Ensure all financial reporting and analyses align with the company’s accounting standards.
- Act as a liaison between the finance department and project teams to promote transparency in financial dealings.
