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Cost / Financial Controller - Jobs in Qatar

1.00 to 10.00 Years   Qatar   07 Dec, 2023
Job LocationQatar
EducationNot Mentioned
SalaryNot Mentioned
IndustryRecruitment & Employee Placement Agency
Functional AreaNot Mentioned

Job Description

Key Roles & Responsibilities:

  • Project Budgeting and Cost Control:Develop and maintain the project budget for the Project, considering all financial aspects, including procurement, construction, installation, and operational expenses.
  • Monitor project costs, analyze expenditure against the budget, and ensure adherence to budgetary constraints.
  • Implement effective cost control measures, such as expense monitoring, cost allocation, and cost reduction strategies specific to the Project.
  • Financial Reporting and Analysis:Prepare accurate and timely financial reports for the Project, including project financial statements, cost analysis, and variance reports.
  • Conduct financial analysis to monitor project performance, identify trends, and provide insights into key financial metrics related to the Project.
  • Collaborate with accounting professionals to ensure compliance with accounting principles, regulatory requirements, and internal financial policies for the Project.
  • Financial Forecasting and Risk Assessment:Develop financial forecasts and projections for the Project based on historical data, industry trends, and market analysis.
  • Assess financial risks and uncertainties specific to the Project, such as inflation, exchange rates, and market volatility, and provide recommendations to mitigate potential impacts.
  • Monitor and analyze key financial indicators related to the Project to identify potential risks and opportunities.
  • Cost Estimation and Pricing:Collaborate with project teams to develop accurate cost estimates for the construction, installation, and maintenance of the Project.
  • Review and analyze pricing strategies to ensure competitiveness and profitability of the Project.
  • Provide financial input and support during contract negotiations, vendor selection processes, and procurement activities related to the Project.
  • Financial Process Improvement:Identify opportunities to streamline financial processes, improve efficiency, and enhance financial controls specific to the Project.
  • Implement financial software systems or tools to automate processes and facilitate accurate financial reporting for the Project.
  • Continuously review and update financial policies and procedures to align with industry best practices and regulatory requirements for the Project.
  • Financial Decision Support:Provide financial analysis and support for strategic decision-making related to the Project, including investment evaluations, cost-benefit analyses, and financial feasibility studies.
  • Collaborate with project teams and senior management to evaluate and optimize project financial performance.
  • Assess and provide financial recommendations for potential modifications or enhancements to the Project.

Keyskills :

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