Cost Accounting Manager

Job Description – Cost Manager (Construction Company, Sharm El Sheikh)

Job Title:

Cost Manager

Department:

Technical Office / Finance

Reports to:

Project Director / General Manager

Job Purpose:

To lead the cost control function for construction projects, ensuring effective planning, monitoring, and controlling of costs to achieve company financial objectives and maximize profitability.

Key Responsibilities:

Develop, implement, and maintain cost control systems, procedures, and standards for all construction projects.

Prepare and review project budgets, forecasts, and cash flows.

Monitor project expenditures against approved budgets and highlight variances.

Review and validate BOQs, cost estimates, and tender submissions.

Provide cost advice and recommendations during all project phases (design, procurement, execution, and handover).

Coordinate with project managers, procurement, and finance teams to ensure cost efficiency.

Analyze subcontractor and supplier quotations, claims, and variations.

Prepare monthly cost reports and advise management on potential risks and savings opportunities.

Ensure proper cost coding and allocation of expenses across projects.

Support in contract negotiations and change order evaluations.

Lead and supervise cost engineers and quantity surveyors within the cost control team.

Ensure compliance with company policies, contractual obligations, and industry standards.

Requirements & Qualifications:

Bachelor's degree in Civil Engineering, Construction Management, or related field.

Minimum 10 years of proven experience in cost management/cost control in construction or contracting companies (preferably in large-scale residential, commercial, or hospitality projects).

Strong knowledge of cost estimation, budgeting, and financial analysis.

Excellent command of cost control software (e.g., CCS Candy, Primavera, or similar) and MS Excel.

Strong negotiation, analytical, and problem-solving skills.

Excellent communication and leadership abilities.

Fluent in English (written and spoken).

Willingness to be based in Sharm El Sheikh full-time.

Key Competencies:

Attention to detail and accuracy.

Strategic planning and financial acumen.

Leadership and team management.

Ability to work under pressure and meet deadlines.

Strong business and contractual awareness.