Roles & Responsibilities
General Description of Role Responsibilities:
- The cost manager reports to the Project Director/Manager and liaises with all other Cost Management, Unit members. Coordinate with clients' senior representatives, Contractors, Subcontractors, Government Agencies, and Consultants as necessary.
- Support Project Director in establishing and then implement department policies, goals, objectives, and procedures as approved by the Project Director.
- Support and participation in preparing the projects budgets and five-year plan and updating it annually.
- Support and participate in preparing the annual project budget plan and submitting it to the Ministry of Finance to approve the annual budget.
- Review the estimated cost of projects before the bidding phase.
- Develop and follow up on invoicing and payments processes.
- Managing the projects change management process, review and audit claims process.
- Manage and sustain the project's cost data using the appropriate Project Management Information System (PMIS).
- Participate in the process of monitoring the project, report and manage project dashboards.
- Review projects cash flow and recommends best practice for planning and updating.
- Represent the department in management meetings as necessary.
- Coordinate with client departments and divisions in the implementation of the current and future deliverables and initiatives.
- Provide guidance, direction, and specialized assistance to projects.
- Monitor projects cash flow and advise departments of any deviation in plans and provide input and feedback to rectify deviations.
- Coordinate and responsible for developing related reports for inclusion in the Unified Monthly Report prepared by Cost Management Department.
- Establish, measure, and report the achievement of department goals and targets, KPIs and performance.
- Assist the Director in identifying gaps in knowledge and skillsets of staff and implementation of appropriate training.