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Title

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Junior Cost Control Specialist

Description

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We are looking for a dedicated and detail-oriented Junior Cost Control Specialist to join our team. In this role, you will be responsible for assisting in the management and control of costs for various projects. This includes preparing budget estimates, tracking actual costs, and preparing cost forecasts. You will also be responsible for identifying any discrepancies and working with project managers to resolve them. You will need to have a strong understanding of financial principles and excellent analytical skills. You will also need to be able to work well in a team and communicate effectively with various stakeholders.

Responsibilities

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  • Assist in preparing budget estimates for projects
  • Track actual costs and compare them to the budget
  • Prepare cost forecasts and update them as necessary
  • Identify any cost discrepancies and work with project managers to resolve them
  • Prepare cost reports and present them to management
  • Assist in the development of cost control procedures
  • Work with project teams to ensure that costs are being controlled effectively
  • Assist in the preparation of financial statements
  • Conduct cost analysis and make recommendations for cost savings
  • Stay up-to-date with the latest cost control techniques and best practices

Requirements

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  • Bachelor's degree in Finance, Accounting, or a related field
  • Previous experience in a similar role is preferred
  • Strong understanding of financial principles
  • Excellent analytical skills
  • Strong attention to detail
  • Ability to work well in a team
  • Excellent communication skills
  • Proficiency in Microsoft Office, particularly Excel
  • Ability to handle multiple tasks and meet deadlines
  • Knowledge of cost control techniques and best practices

Potential interview questions

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  • Can you describe your experience with cost control?
  • How do you handle discrepancies in cost estimates?
  • Can you describe a time when you identified a cost-saving opportunity?
  • How do you ensure accuracy in your cost forecasts?
  • Can you describe your experience with financial reporting?