# Cost Control Assistant Manager

**Company:** [Orascom Development Egypt](https://jobs.workable.com/companies/6U7w4nF1drwpgDCxn9L3QE.md)
**Location:** Cairo, Egypt
**Workplace:** on site
**Employment type:** Full-time
**Department:** OD Corporate

[Apply for this job](https://jobs.workable.com/view/017bd9de-27eb-4617-a4dd-50666ab250ae)

## Description

**Key Responsibilities:**

**1)       Budget Development:**

·       Assist in the preparation and development of projects budgets in collaboration with department heads and project managers in all destinations of the company.

·       Work closely with the line manager to ensure alignment of budgets with organizational goals and objectives.

**2)       Cost Control, Monitoring and Analysis:**

·       Assist in the development and implementation of cost monitoring systems.

·       Regularly analyze project budgets, expenditures, and forecasts to identify trends and potential cost overruns.

·       Collaborate with project teams to understand cost implications and provide insights for decision-making.

**3)       Budget Management:**

·       Support the preparation of project budgets by gathering and analyzing relevant cost data.

·       Work closely with the line manager to ensure accurate budget allocations and adjustments as needed.

·       Monitor budget performance and recommend corrective actions to mitigate variances.

**4)       Budget Monitoring and Reporting:**

·       Monitor budget performance regularly and prepare comprehensive reports highlighting key performance indicators and areas of concern.

·       Present budget status updates to management and recommend strategies for achieving financial targets.

**5)       Reporting and Documentation:**

·       Prepare and present regular cost control reports to management, highlighting key cost drivers and deviations from budget.

**6)       Vendor and Contract Management:**

·       Collaborate with procurement teams to evaluate vendor proposals and contracts from a cost perspective.

·       Monitor contractor performance and compliance with agreed-upon cost terms.

**7)       Forecasting and Predictive Analysis:**

·       Utilize historical cost data and industry benchmarks to develop accurate cost forecasts for upcoming projects.

·       Work with project teams to identify potential risks and uncertainties that may impact project costs.

**8)       Process Improvement:**

·       Identify areas for process improvement within the cost control function and collaborate with the team to implement enhancements.

·       Stay abreast of industry best practices and emerging tools for cost control and recommend their adoption as appropriate.

**Deliverables:**

**1)       Monthly Cost Reports:**

·       Timely and accurate reports detailing project cost performance, budget variances, and forecasted outcomes.

**2)       Budget Proposals:**

·       Well-prepared budget proposals that align with project requirements and financial goals.

**3)       Budget Movement:**

·       Timely updates on budget status, highlighting achievements and areas requiring attention.

**4)       Cost Forecasts:**

·       Reliable and data-driven cost forecasts for upcoming projects, facilitating proactive decision-making.

**5)       Documentation:**

·       Organized and comprehensive documentation of cost-related activities for audit purposes.

**6)       Process Improvement Recommendations:**

·       Proposals for process improvements within the cost control function, demonstrating a commitment to continuous enhancement.

## Requirements

-   Bachelor's degree in Civil Engineering, Construction Management, or a related field.
-   Preferably 5–8 years of experience in cost control, project budgeting, or project controls.
-   Experience in real estate development or construction projects is highly preferred.