Cost Control Section Head

About the job Cost Control Section Head

Company Introduction:

Hill International provides program, project, and construction management services for clients in a range of sectors undertaking major construction projects across the world. Our services include cost engineering and estimating, quality assurance, inspection, scheduling, risk management, and claims avoidance. For more information on Hill, please visit our website at www.hillintl.com

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.

Qualifications, Experience, Knowledge and Skills:

• Bachelor in engineering from an accredited university.
• Minimum 20 years experience in cost control including having been a cost manager for large-scale projects.
• Experience in performing, monitoring, and reviewing cost engineering functions, including cost estimating, cost control, financial reporting systems, and cost analysis, in the field and the home office.
• Demonstrated ability to plan, organize, direct, perform, review, and present cost engineering and cost estimating products. This includes planning and scheduling products independently with minimal supervision using a high level of professional judgment and knowledge related to technical planning and scheduling skills and engineering design and construction practices.
• Skilled in verbal and written communication.
• Advanced level of knowledge of engineering, procurement, contracts, construction, and startup work processes.
• Extensive experience in producing projects cash flow forecast.