Cost Control Supervisor
Saipem Taqa Al-Rushied Fabricators Company
Total years of experience :10 years, 4 Months
□ Optimized Purchase Tracking and maintained the Purchase Request & Purchase Order files for heightened accuracy and efficiency.
□ Calculated actual and accrued values for all services, offering data-driven insights for informed decisions.
□ Predicted and allocated budgets for individual cost centers, maximizing resource utilization and profitability.
□ Updated monthly and final project costs to ensure stakeholders were informed and empowered.
□ Estimated and monitored current revenue values, driving revenue growth and optimizing resource allocation.
□ Prepared cost summary sheets for client manpower supply, ensuring cost-effective service delivery.
□ Compiled detailed cost control reports for projects, pinpointing improvement areas and cost-saving opportunities.
□ Calculated and forecasted working man-hours and associated costs for efficient project execution.
□ Analyzed client change requests, summarized additional work needs, and addressed them promptly.
□ Monitored direct and indirect man-hours on projects, instantly notifying Project Managers of any deviations.
□ Ensured precise cost allocation aligned with the original budget, minimizing overruns.
□ Created and maintained Cost Breakdown Structures aligned with Work Breakdown Structures for projects.
□ Collaborated closely with Project Management teams to swiftly resolve project issues.
Update the Monitoring of Purchase Request & Purchase Order file
Calculate the actual, accrual value of all services incurred
Forecasting and estimating the budget for each cost centers (services).
Updating monthly and final cost of projects.
Calculate the estimation and current revenue value.
Prepare cost summary sheet of Manpower supply to clients
Prepare the cost control report of projects
Calculate the man hours & cost of manpower involved in the Cost Control Report
Prepare and finalize cost control reports for the respective project for management review.
Analyse Change order requests from Client and prepare summaries related to additional works
Monitor Direct and Indirect Man-hours spent on project and immediately inform the Project Manager any deviation from the planned Man-hours.
Ensure proper allocation of costs keeping in view the original control budget
Create Cost Breakdown Structure for the respective projects and ensure that CBS is aligned with the Work Breakdown Structure
Coordinate and work with Project Management team to resolve project issues
Recording and dealing with all accounting procedures in general :
Receiving & verifying invoices
Coding invoices
Preparing invoices Reconciliation
Booking invoices in the Accounting System
Preparing Payment
Making payment through SADAD System & Online bank accounts
Treasurer:
^ Handling the entire petty cash
^ Updating the Bank Book & Cash Book
^ Preparing Cash & Bank reconciliation
^ Preparing Bank Balance Conformation
^Coding & Booking cash & bank vouchers
Marketing of Financial products to potential customers:
• Obtain required documents from clients to support their credit application.
• Analysis of client's financial statements using ratios and quantitative analysis.
• Assess customers’ business credibility, financial status and risks
involved in Corporate entity/ relationships.
• Prepare credit reports for assigned clients.
• Coordinate delivery of all products and services
• Provide service assistance to customers.
I have got 2.89 out of 4 in Acounting major.