PMC/PMO Cost Manager-Function Head
BECHTEL
مجموع سنوات الخبرة :18 years, 2 أشهر
Oversee the development and implementation of cost control strategies across all key areas in line with NEOM objectives and requirements. Ensure accurate financial reporting in close collaboration with senior management. Manage and maintain all cost estimation, analysis, and control functions.
Oversee development and implementation of cost control strategies across all key areas in line with client objectives and requirements. Ensure accurate financial reporting in close collaboration with senior management. Manage and maintain all cost estimation, analysis, and control functions. Deliver strategic support in the project, organizational, and administrative activities. Create and deploy required performance standards within the department. Administer various procedures, including financial forecasting, reporting, and operational metrics tracking. Steer complete cost control functions in key projects with significant non-routine requirements. Improve individual / team productivity through robust oversight and assessment of performance. Provide strategic directions to the professional team for the strong leadership of projects / programmes. Perform multiple tasks, comprising variance analysis and trend identification, whilst providing the best recommendations for continuous improvements. Track and monitor financial performance by analyzing actual results with plans and forecasts.
• Enhanced accuracy, completeness, transparency, and consistency of reports / dashboards by driving internal audits.
• Uncovered and mitigated potential risks by implementing robust plans in each project associated with project risk management.
• Produced and managed planning and cost deliverables in accordance with project timetable from engineering, procurement, fabrication, construction, pre-commissioning, and commissioning data.
Managed and maintained end-to-end engineering cost control functions related to the company's projects, services, engineering, and overheads in compliance with organizational standards. Developed and implemented policies and guidelines to establish appropriate cost-control practices for the company. Drove cost engineering and control personnel assessments throughout the organization by advising on development areas. Administered preparation of CCS-CANDY budget summary on cost codes to ensure correct information is passed to the site. Delivered strategic advice on design issues related to technical guidelines. Assessed contract documents and tenders to secure construction projects. Supported project management team in controlling individual projects by leveraging the company's methodologies, processes, and templates. Steered and controlled entire facts of scheduling and project budget. Tracked and monitored project progress / performance whilst identifying / resolving potential issues.
• Served as Team Leader in implementing Oracle ERP system, optimizing project controls and work efficiency.
• Ensured robust engineering cost control by creating and executing clear cost control strategies, practices, and toolsets.
• Created and deployed a new coding system for the entire organization in accordance with international standards.
• Assured successful execution of a new cost function process map by building and leading a team of 20 cost engineers and specialists.
Prepared and presented monthly cost reports whilst conducting a monthly review meeting with corporate and site management. Tracked current and forecast expenditures against the approved budget, enabling projects and corporate leadership to control final project costs in line with the approved budget. Managed and maintained purchase orders against budget provisions before issuing them to suppliers. Ensured on-time creation of invoices by reviewing the account.
• Decreased organizations' costs by 25% by implementing a new cost control procedure concept.
• Increased profit margins by 10% by providing exceptional support in the execution of projects.
Led end-to-end cost control and estimation functions. Coordinated multiple procedures, including tenders, front-end designs, and schedule containment estimates for the smooth execution of projects. Provided strategic recommendations / solutions / recovery plans to schedule impact / delays. Assessed variances in cost as well as monitored performance against plans. Ensured creation of the overall project plan in close collaboration with the project management team. Oversaw all aspects related to estimation of monthly values of invoices and cash flow diagrams. Tracked and monitored costs by comparing actual against budgeted amounts. Updated the projects' overall progress report to the top and project management.
• Devised and deployed a cost control system in line with approved procedures, international standards, and best practices.
• Planned and upgraded financial analysis database for unit costs of BOQ items during different phases of projects.
Key Projects • Construction of HIA-Taxi way – Infrastructure Construction Project, QATAR, 3B QAR • Construction of D-Ring Expressway – Design & Build Project, QATAR, 800
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