Cost Control Team Leader

Job Purpose

The Cost Control Team Leader is responsible for managing and monitoring project costs to ensure alignment with budgets and financial targets. The role supports project delivery through accurate cost planning, reporting, and control, while ensuring compliance with contractual and financial standards across all project phases.

Key Responsibilities

• Monitor and control project costs to ensure alignment with approved budgets and financial plans.
• Review and validate contractor invoices, ensuring accuracy and compliance with contract terms and project progress.
• Prepare cost estimates, budgets, and forecasts for ongoing and upcoming projects.
• Analyze cost variations and identify potential risks or overruns, providing recommendations for corrective actions.
• Manage and track Variation Orders (VOs) and claims, ensuring proper documentation and financial impact assessment.
• Review BOQs, cost plans, and benchmark data across residential, commercial, and mixed-use projects.
• Coordinate with Project Management, Procurement, and Finance teams to ensure cost efficiency and alignment.
• Develop and maintain cost reports, dashboards, and financial analysis using Excel and reporting tools.
• Support contract administration by ensuring cost-related compliance with contractual agreements.
• Lead and guide the cost control team to ensure timely and accurate delivery of all cost-related activities.
• Perform any additional duties as assigned by the line manager.

Qualifications & Requirements

• Bachelor’s degree in Civil Engineering or a related field.
• 4–8 years of experience in cost control, project controls, or budgeting within construction or real estate.
• Strong proficiency in Excel (data analysis, calculations, and reporting) – mandatory.
• Experience in invoice review, cost estimation, budgeting, and forecasting.
• Strong understanding of construction projects, BOQs, and contract terms.
• Solid knowledge of cost plans and benchmarking across different project types.
• Good knowledge of Variation Orders (VOs) and claims management.
• Strong analytical, negotiation, and stakeholder management skills.
• High attention to detail and accuracy.
• Problem-solving mindset with the ability to manage multiple priorities.
• Familiarity with project control tools (e.g., Primavera P6, ERP systems) is a plus.
• Proficiency in AutoCAD is a plus.
• Good presentation skills using PowerPoint is a plus.