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Head of Cost Control & Planning

Head of Cost Control & Planning

Our client are a leading Manufacturing organisation within the HVAC industry in the region and are looking for a Head of Cost Control & Planning to be based out of their headquarters in the UAE.

You will be responsible for:

  • Reviews project budgets and subsequent cost estimates / plan, as well as monitors, adjusts and updates the cost plan accordingly
  • Develops tools, matrices, and formats for collecting data, tracking, trending, forecasting, and archiving cost/schedule information
  • Works towards achieving the Product, Material and Production Cost Control function’s strategic goals and reports progress to executive management
  • Responsible to control and monitor project total expenditure including verifying and checking of invoices and claims from suppliers and vendors to ensure that all project expenditures are captured and properly recorded
  • Ensuring the Project controls team produce weekly / monthly reports in line with the project providing details on progress, actuals, forecast and explanation of variances
  • Integrates project schedules for forecasting cash flow requirements, and participates in the development of schedules
  • Attends review meetings to discuss project progress and to assist in developing alternatives to accommodate changes in priorities and evaluate schedule impact of proposed changes throughout the project
  • Attend the weekly commercial review meeting and presenting the status of projects and milestone achievement along with actual cost against payment certified amount to identify the cash flow trend of the project
  • Attend internal audit review meeting and presenting the status of the project to MOA

Core Competencies

  • Good verbal and written communication skills
  • Good analytics and reporting skills
  • Experience with Accounting and cost and inventory systems
  • Have a high-level attention to detail
  • Have the knowledge of Costing concept
  • Working on Budget and Forecast

Key Requirements

  • Bachelors’ degree in Engineering
  • Minimum 8 years’ experience in a similar role
  • Extensive experience and technical knowledge of HVAC manufacturing. (Min. 10 years)
  • Post Graduate degree in cost planning, focusing on engineering product manufacturing