Job Summary:

The Project Controls Manager is responsible for overseeing and managing the financial aspects of projects, ensuring strict adherence to budgets, identifying cost-saving opportunities, and maintaining accurate cost records. This role plays a key part in ensuring the successful completion of projects within budgetary constraints while supporting operational efficiency and strategic objectives.

Key Responsibilities:

• Develop and implement project control processes and procedures to monitor project costs, schedules, and performance metrics.
• Establish and maintain cost estimation methodologies and tools to accurately forecast project budgets and expenditures.
• Coordinate with project managers and stakeholders to establish project baselines and performance benchmarks.
• Monitor project expenditures, analyze cost variances, and identify areas of cost overruns or savings opportunities.
• Prepare and present regular project cost reports and updates to senior management and project stakeholders.
• Collaborate with procurement and contracts management teams to ensure cost-effective sourcing of materials and services.
• Lead risk assessment and mitigation efforts related to project costs and financial performance.
• Provide guidance and support to project teams on cost control best practices and compliance with budgetary constraints.
• Conduct regular audits and reviews of project cost data to ensure accuracy and completeness.
• Drive continuous improvement initiatives to optimize cost control processes and enhance project delivery efficiency.

Additional Responsibilities:

• Support cross-functional teams in achieving project objectives.
• Contribute to the development of project management standards and best practices.
• Participate in strategic planning to align project financial goals with organizational objectives.

Job Knowledge & Skills:

• Proficiency in project management methodologies and cost control techniques.
• Strong analytical skills with the ability to interpret project cost data, identify trends, and provide actionable insights.
• Advanced knowledge of cost estimation, budgeting principles, and financial forecasting.
• Excellent communication and interpersonal skills for effective collaboration with project teams and stakeholders.
• Proficiency in technology and software tools for efficient cost tracking and reporting.
• ERP knowledge, preferably SAP functional skills, is required.

Experience:

• Minimum 8 years of professional experience, including at least 5 years in a supervisory or managerial role.
• GCC (Gulf Cooperation Council) experience is preferred.

Qualifications:

• Bachelor’s degree in engineering, Finance, Project Management, or a related field.
• Professional certifications in project management (e.g., PMP, PRINCE2) or cost management (e.g., CCE, AACE) are desirable.