cygnify - Senior Manager, Projects Budget & Cost Control

• Lead and oversee all post-contract cost control and budget management activities across assigned projects. • Lead and manage the overall budgeting and cost control strategy across all active projects, ensuring alignment with corporate financial targets and KPIs. • Review and validate cash flow forecasts, updated cost-to-complete estimates, and revised budgets during project execution. • Collaborate with different stakeholders within the organization to validate cost estimates, assess changes, and ensure proper financial controls over commitments. • Monitor and report project cost performance, including planned vs. actual expenditures, earned value analysis, and forecast trends. • Review and approve interim payment applications, final payment certificates, and ensure alignment with contractual terms. • Review and provide strategic input on variation orders, change proposals, and additional cost/time claims. • Review and assess contractual entitlements related to extension of time (EOT), prolongation costs, and disruption claims. • Lead the assessment and negotiation of post-contract commercial issues and disputes with contractors, consultants, and vendors. • Track and ensure timely payments to contractors, consultants, subcontractors, and suppliers, and resolve related financial issues. • Direct the preparation of comprehensive project cost reports, budget monitoring dashboards, and payment status summaries for senior management. • Ensure accurate documentation and maintenance of cost records, correspondence, and supporting documentation for audit review. • Advise executive management on high-level commercial risks, budget overruns, financial exposure, and recommend mitigation strategies. • Ensure compliance with company policies, procedures, and standards and financial governance. • Represent the cost control function in progress review meetings and stakeholder engagements. • Lead internal reviews and support internal and external audits related to cost and budget performance. • Perform additional duties and special assignments as directed by the Head of • Department or Executive Management. • Ensure effective cost tracking, forecasting, and financial reporting practices are implemented and maintained throughout the project lifecycle. • Identify financial risks and opportunities at a portfolio level, recommending mitigation strategies and corrective actions. • Provide strategic guidance and oversight to Cost Control team and project teams in the development, monitoring, and control of project budgets. • Supervise and mentor the project cost control team, ensuring development and implementation of best practices and continuous improvement. • Collaborate with the PB&CCM and assist in reviewing Engineer’s estimates, cash flow estimates, and revised estimates during project execution. • Contribute to the development and implementation of cost control procedures and systems. • Support in the preparation and maintenance of records and spreadsheets as instructed. • Communicate any project or business-related issues or risks to the management as directed. • Ensure compliance with the company’s policies, rules, and procedures related to Health, Safety, and Environmental Management.