Senior Cost Controller job at Reko Diq Mining Company

ACCOUNTANCY & FINANCE 22-02-2025 Permanent REKO DIQ mining company no payscale 1 Posts 7 Year Experience Last Date: 02-03-2025

Qualification

  • Bachelor’s degree in Accounting, Finance, or a related field; a master’s degree is preferred.
  • Professional management accounting certification (ACCA / CA/ICMA)  is highly preferred.

Experience

7+ years of experience in cost control, budgeting, or financial analysis, ideally in the construction or Oil & Gas or mining industry.

 

Requirements

  • Extensive experience with ERP systems and financial software (SAP, Oracle, etc.).
  • Construction and Oil & Gas experience will be a strong advantage.
  • Expert skills in Microsoft Excel, with advanced abilities in data management and analysis.
  • Exceptional analytical skills and meticulous attention to detail.
  • Strong communication skills, with experience presenting financial data to senior leadership.

Responsibilities

  • Lead efforts to monitor and control project costs, ensuring strict alignment with budgetary guidelines.
  • Develop, review, and present detailed monthly and quarterly cost reports to senior management.
  • Analyze significant variances between actual costs and budgeted figures, providing strategic recommendations for corrective actions.
  • Design and implement advanced cost control systems, including robust budget tracking and forecasting.
  • Oversee the invoice review process, ensuring compliance with contracts and budgeted rates.
  • Collaborate closely with project management and finance teams to optimize budgetary control across departments.
  • Work closely with external stakeholders and EPCM to get project updates and spending forecasts.
  • Closely work with the project controls team to ensure any significant issues are identified at an early stage.
  • Contribute to long-term project forecasts and financial reports for executive-level review.
  • Ensure costs are correct in the accounting system and aligned with the budgeted and approved Authorization for expenditure (AFE)
  • Early identification if there is a possible overrun on a specific AFE
  • Track and report on AFEs including any variations, and scope changes ,and ensure the accounting system is updated accordingly.
  • Track and report on budget consumption, communicating potential overruns to senior stakeholders proactively.
  • Maintain comprehensive documentation for cost controls, budget adjustments, and financial approvals.
  • Drive compliance with internal controls, financial policies, and international accounting standards.
  • Complete ad-hoc projects as required.

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