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waseem raja memon, Cost Control Manager

waseem raja memon

Cost Control Manager·Al Majal Al Arabi Group

Saudi Arabia

Bachelor's degree, Electrical

Work experience

Total years of experience: 19 years, 5 months

Cost Control Manager

March 2020 - Present

Al Majal Al Arabi Group

Riyadh, Saudi Arabia

March 2020 - Present

Company industry:
Construction & Building
Job role:
Construction and Building

Chief Cost Controller

March 2015 - March 2019

ABV ROCK GROUP

Riyadh, Saudi Arabia

March 2015 - March 2019

 Responsible to control and monitor project total expenditure including verifying and checking of invoices& claims from suppliers and subcontractors.

 Reviewing financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data.

 Supporting the development of project annual spend projections, cost reconciliations and variance analysis.

 Controlling all day to day cost activities and assisting in the preparation and provision of integrated cost control and reporting for the purpose of assessing and forecasting the Project cost expenditures.

 Maintaining comprehensive accessible records of financial approvals, variation and change orders.

 Reviewing project man-hours and allocation of man-hours, labor cost, and material procurement in conjunction with planning team.

Company industry:
Civil Engineering
Job role:
Management

Senior Cost Engineer

January 2006 - January 2015

Al-Muhaidib Contracting Co

Jeddah, Saudi Arabia

January 2006 - January 2015

Senior Cost Control Engineer

2. Saudi ARAMCO Oil Company’s Projects:
CLIENT: Saudi ARAMCO / Thuwal Development Projects (TDP)
“Construction of Research Park Support Facilities at KAUST‐Thuwal”
PROJECT WORTH: SAR295 MILLION

3. King Abdul Aziz University Projects:
CLIENT: King Abdul Aziz University-Jeddah
“Construction of Material Laboratory CN 6600 at king Abdul Aziz University Jeddah” &
PROJECT WORTH: SAR 88 MILLION
“Construction of Technical Laboratory CN 6300 at king Abdul Aziz University Jeddah” &
PROJECT WORTH: SAR 106 MILLION
“Construction of Class rooms CN 1300 at King Abdul Aziz University Jeddah”.
PROJECT WORTH: SAR 80 MILLION



CLIENT: King Abdul Aziz University-Jeddah
“Construction of General Institute Building CN 711 at King Abdul Aziz University Jeddah”.
PROJECT WORTH: SAR 15 MILLION
“Construction of English Language Center CN 240 at King Abdul Aziz University Jeddah”.
PROJECT WORTH: SAR 141 MILLION

4. Royal Commission Yanbu Project:
CLIENT: Royal Commission
“Construction of 240 Villas at Royal commission Yanbu”.
PROJECT WORTH: SAR 200 MILLION

Job Responsibilities:
 Preparation of projects budget with cost effective factor. Making special cost analysis as per the Management requirement.

 Reviewing project’s cash-flow and assess budget against project progress.

 Preparation of monthly cost reports for all projects assigned.Coordinate work between section engineers, with clients and consultant at site.

 Managing the project budget and supporting the project manager and the project team in ensuring successful execution of the construction activities within the predefined budget.

 Inspecting site for collation of information for monthly report which includes recommendation on interim payments, statement of claims from contractor, anticipated claims from contractor and assessment of costs of works and expected final cost.

 Assessing implications of variation orders on budgets.

 Performing cost analysis and draw up reports on changes to works and contractor’s claims.

 Assisting the Project Manager to prepare and approve contractor’s final accounts.

 Establishing cost control methods with the Project Team. Monitor the costs of the Project and maximize its profitability. With the assistance of the Project Manager reviews the costs and prepares reports for cost meetings.

 Reconciliation of quantities measured form site & calculate actual work done and submit to the management.

 Comparison statements for work progress and negotiation with contractors for evaluation of contractor's payment application.

 Oversee proposal planning and administration of subcontracts.Reviews quotations from subcontractors/suppliers' for conformity to contract requirements and determines acceptable quotations.

 Requesting amendments and extension of subcontracts.

 Attending meeting with sub-contractor for quantities dispute and variation order work.

Company industry:
Construction & Building
Job role:
Engineering

Education

Q.U.E.S.T

December 2000

December 2000

Bachelor's degree, Electrical

Pakistan

Skills

Cost Control
Expert
Cost Control
Expert
Reporting Skills
Expert
Reporting Skills
Expert
Budgeting
Expert
Budgeting
Expert
Electrical
Expert
Electrical
Expert
Cost
Expert
Cost
Expert
ACCPAC
Intermediate
ACCPAC
Intermediate
BUDGET
BUDGET
COST CONTROL
COST CONTROL
Cost Control
Expert
Cost Control
Expert
Reporting Skills
Expert
Reporting Skills
Expert
Budgeting
Expert
Budgeting
Expert
Electrical
Expert
Electrical
Expert
Cost
Expert
Cost
Expert

Languages

Urdu
Beginner
Arabic
Beginner
English
Beginner

Memberships

Saudi Council of Engineers

Engineer

February 2013

Hobbies

  • Playing & Watching Cricket