Marwan Mohsen
Cost Control Engineer at ASGC- Claim this Profile
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Bio
Experience
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ASGC
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United Arab Emirates
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Construction
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700 & Above Employee
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Cost Control Engineer
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Dec 2021 - 2 years 1 month
Cairo, Egypt Cost Control: Develop, Implement, and Maintain Cost Reports: Create and manage comprehensive cost reports for both internal and external stakeholders. Ensure accuracy and timeliness in reporting financial data. Cash Flow Management: Generate cash flow forecasts and regularly update them to facilitate financial planning. Monitor cash flow against projections and identify variances. Change Order and Invoice Review: Review and validate upstream (prime… Show more Cost Control: Develop, Implement, and Maintain Cost Reports: Create and manage comprehensive cost reports for both internal and external stakeholders. Ensure accuracy and timeliness in reporting financial data. Cash Flow Management: Generate cash flow forecasts and regularly update them to facilitate financial planning. Monitor cash flow against projections and identify variances. Change Order and Invoice Review: Review and validate upstream (prime contract) and downstream (purchase orders and subcontracts) change orders and invoices. Ensure that invoiced costs align with contractual agreements. Budgeting for Direct and Indirect Project Costs: Direct and Indirect Cost Allocation: Ensure that direct costs (e.g., materials, labor, equipment) and indirect costs (e.g., overhead, administrative expenses) are appropriately accounted for in project budgets. Budget Tracking: Track expenditures against budgets and purchase orders to maintain cost discipline. Identify areas for cost savings and efficiency improvements. Procurement and Logistics Cost Control: Implement cost control measures for procurement and logistics activities. Optimize spending while maintaining quality and efficiency. Data Analysis: Data Collection and Management: Collect, organize, and maintain relevant cost and financial data. Create and manage databases for efficient data retrieval. Statistical Analysis: Apply statistical techniques to analyze cost-related data. Identify trends, patterns, and anomalies to inform decision-making. Business Intelligence: Dynamic Dashboard Development: Utilize Excel programming and Power BI to create dynamic dashboards. Reporting and Insights: Generate reports with actionable insights based on data analysis. Provide decision-makers with valuable information to optimize cost control strategies. Mitigation Planning: Develop mitigation plans on a quarterly basis to address cost-related risks. Proactively identify potential issues and recommend solutions. Show less
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ProService
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Egypt
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Construction
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100 - 200 Employee
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Cost Control Engineer
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Jan 2021 - Nov 2021
Cairo, Egypt • Develop, implement, and maintain external and internal cost reports, cash flows, and forecasts. • Develop and present a cash flow report. • Report accurate updates to cost reports or forecasts. • Responsible for the review of upstream (prime contract) / downstream (PO & subcontract) change orders and invoices. • Ensure budget tracking against Purchase Orders or Subcontracts. • Responsible for procurement and logistics cost control
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Education
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Helwan University Cairo
Bachelor's degree, Mechanical power -
El Salam Language school
Thanawia ama, MATHEMATICS AND STATISTICS