Cost Control Section Head

Position Summary:

The Cost Control Section Head is responsible for leading and overseeing all cost control and financial management activities across large-scale construction projects. The role develops and implements cost control strategies, systems, and procedures to ensure effective budget management, financial accuracy, and alignment with project objectives.

The position monitors project expenditures, prepares financial reports and cash flow forecasts, conducts variance analysis, and identifies cost-saving opportunities to enhance overall project profitability. It coordinates closely with project managers and department heads to track costs, reviews financial transactions for compliance, and supports the evaluation of claims and variations. The role also ensures the integrity of financial reporting systems, conducts audits, mentors cost control staff, and promotes continuous improvement in cost engineering practices. The ideal candidate brings extensive experience in cost management for major projects, with strong expertise in estimating, financial analysis, project cash flow forecasting, and a comprehensive understanding of engineering and construction processes.

General Description of Role and Responsibilities:

• Develop and implement cost control strategies and procedures to ensure effective financial management.
• Monitor and analyze financial data to identify cost-saving opportunities and improve profitability.
• Prepare and present financial reports, budget forecasts, and variance analysis to senior management.
• Coordinate with project managers and department heads to track and control projects costs.
• Review and approve purchase orders, invoices, and expense reports to ensure compliance with company policies and budget limits.
• Conduct regular audits of financial records and procedures to identify and resolve discrepancies.
• Train and mentor cost control staff to ensure their understanding of cost control processes and procedures.
• Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency.
• Manage & support Claims & Variations study, analysis and evaluation.
• Stay updated on industry trends, regulations, and best practices in cost control and financial analysis.
• Provide guidance and support to the finance team on cost control matters.
• Informs themselves of the relevant Quality, Environmental, Safety and Occupational Health Policies, Manuals and Procedures in place within Hill International, and ensures continued compliance with these requirements while employed by Hill.
• Perform other duties as assigned by the line manager/supervisor.