Afroz Alam, Cost Control Manager

Afroz Alam

Cost Control Manager

Nesma Group

Location
Saudi Arabia - Jeddah
Education
Master's degree, MBA Finance
Experience
17 years, 8 Months

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Work Experience

Total years of experience :17 years, 8 Months

Cost Control Manager at Nesma Group
  • Saudi Arabia
  • My current job since August 2023

Key Responsibilities
 Set cost controls guidelines and responsibilities within a business unit or Project Execution Plan, as well as implement tools and systems necessary to effectively and proactively manage, control, and report on earned value management, cashflow, cost, revenue, forecasting and schedule (progress and projection) for projects.
 Provide guidance to project controls and operations/project management teams to recognize emerging issues, leverage lessons learned and drive toolset/process adoption, ensure accuracy of key project metrics in a timely manner, and adherence to corporate guidelines and best practices.
 Collaborate with Estimating, Operations and Finance personnel to develop methodologies that will enhance accuracy of project level financial forecasting.
Project Setup

 Attending and contributing to Handover and Kick-Off meetings.
 Provide project controls input on the commercial, administrative and reporting requirements during project setup.
 Collaborates with Estimating, Operations and Finance in project setup to ensure best practices are followed and project team requirements are set.

Scheduling

 Oversees scheduling functions to ensure projects meet standards and target completion dates.
 Oversees the management of the progression of the Schedule throughout the project life cycle.
 Oversees contributions to the Baseline Schedule.
 Manage the administrative procedures relating to Schedule updates.
 Oversee all schedule analysis and forecasting reporting.
 Contribute to all change management scheduling activities.

Progress & Cost Tracking

 Conducts detailed review and analysis of project performance control and reporting to understand and articulate key metrics and trending.
 Ensure management is provided with timeline review and progress of all projects and activity including completion of monthly project status report and forecasting reporting and endorse suggested corrective actions to maintain the project within planned cost and schedule.
 Ensures that tracking and forecasting, progress monitoring, cost reporting meet specific project requirements.
 Reviews and approves all project controls reporting.
 Ensures the preparation and updating of project cash flows and forecasting as required throughout the project life cycle.

Scope & Change Management

 Oversees and supports project change management, including subcontractor claims, change requests, claims and dispute resolution.

Risk Management

 Identifies commercial risks and develops mitigation measures to ensure project control deliverables.
 Identify opportunities of Project Controls improvement for management review and consideration
 Collaborate on commercial Risk Identification and Assessment activities.

People Management

 Creates and maintains a culture and environment that is open and respectful.
 Hire, supervise, coach, develop and mentor project controls personnel (ie Project Controls Specialist, Lead, Cost Controller, Planner / Scheduler).
 Communicates with Senior Leadership to ensure adequate resources are provided.

Communication

 Key partner to Estimators, Project Managers, Operations teams and Senior Leadership.
 Communicates with external clients, client groups and partners, vendors and subcontractors as required.
 Collaborate with Estimating, Operations and Finance personnel to develop methodologies that will enhance accuracy of project level financial forecasting.

Cost Control Manager at Capgemini - India
  • India - Mumbai
  • May 2022 to August 2023

 Plan, control, and execute a project or set of related projects to meet identified business needs and deliver business value, through acquiring and utilizing the necessary resources and skills.
 Oversee cost estimating functions such as independent cost estimating, and contractor style cost estimates produced by an estimating team.
 Implement client cost control processes develop and monitor an effective system of program/project cost controls for the CM task order and construction contract.
 Assists in coordinating engineering and construction activities in conjunction with overall project schedule requirements.
 Accountable for the management and tracking all project/program funding sources including SOW’s and external contracts.
 Analyzing risks and liaising with stakeholders to mitigate Schedule and Cost impacts. Establishing and maintaining healthy relationship with suppliers and monitoring supplier performance appraisal
 Measure and control cost, schedule, and technical performance against task or project plans.
 Preparing monthly analyses and reports on expenditures, progress, commitments, budget performance and schedule performance.
 Provides regular briefing to project manager on project financials, schedule status, issues, and concerns.
 Work in close cooperation with the Project Manager, Change Manager, Contract Manager and Interface Manager and other PMT members.
 Manage the Project Risk and Opportunities process and report exposure and recommend contingency levels.
 Define project scope with key stakeholders and effectively manage milestones and dependencies.
 Support the management of financial, contractual, and operational commitments.

Project Lead at techdata
  • India - Mumbai
  • October 2019 to February 2022

 Establish the Project Controls Plan in accordance with the contract and PEP and communicate it to all stakeholders.
 Ensure the Project Controls Team (PCT) is set up and staffed adequately, and that clear individual roles and responsibilities are defined.
 Manage and align project controls functions in line with the project objectives.
 Provide schedule and financial visibility to the Project Team to manage the project including taking corrective actions when appropriate.
 Manage the Client invoicing as per contract requirements.
 Lead and manage the project end to end with full delivery responsibility, including commercials, profitability, and contractual compliance.
 Ensures proper control over the Project performance compared to the tender and/or budget.
 Ensures proper control of subcontractors’ invoices.
 Establishes the invoicing procedure and supervises its proper implementation.
 Approves all the invoices of the project to ensure proper approval process followed.
 Drive and deploy account/project delivery structure by evaluating the budget, costs, risks and staffing.

Cost Control at Deloitte - India
  • India - Mumbai
  • October 2017 to October 2019
Cost Contoller at Electronia ltd
  • Saudi Arabia - Khobar
  • November 2012 to October 2017
Cost Controller at Punj lloyd
  • Saudi Arabia - Khobar
  • January 2011 to October 2012
Cost Controller at Saudi Oger Limited
  • Saudi Arabia - Mecca
  • September 2006 to December 2010

Education

Master's degree, MBA Finance
  • at ICFAI University
  • April 2009
Bachelor's degree, Civil Engineering
  • at Nagpur University
  • June 2006

Training and Certifications

PMP (Certificate)
Date Attended:
May 2021

Hobbies

  • Driving