Cost Control Officer At AngloGold Ashanti

There is a job vacancy for the position of Cost Control Officer At AngloGold Ashanti.

Responsibilities:

Assess risks for all tasks and ensure they are controlled before and during task execution.
Report all incidents and ensure they have been investigated and corrective actions completed on time.
Act on all corrective actions assigned to you or under your jurisdiction and ensure timely completion.

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Demonstrate strong Safety and Environmental leadership and assist in promoting the culture across the site regarding Safety, Health, Environmental and Sustainable Development.
Understand all contract documents, agreements, procedures, instructions, and other requirements relevant to project costing and financial management considerations
Assist in establishing, maintaining, and managing project budgets, actual and committed costs, invoicing, forecasts and cost estimates, cash flow, FOREX management, and the SOX process
Generate and report regular project financial data such as spend profiles, budgeted, and earned values, forecasts, completion costs, etc. Provide expenditure forecasts identifying variances against budget
Analyze all Project cost data to proactively identify potential issues and where required develop and propose alternative solutions to bring the Project back within budget

Monitor project activities and progress against the plan to identify change events that may impact costs including KPIs, progress, variances, and corrective actions concerning budgets, commitments, accruals, actual expenditure, invoices paid, forecast, and explanation of variances

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Review and recommend approval for payment for contractor progress claims and invoicing relative to the respective contract.
Assist in developing and implementing processes for monitoring and reporting potential disputes related to contract costing between Contractors and AGAG
Conduct reviews, observations, and other monitoring techniques to monitor, track and validate project costs
Ensure the procurement of both goods and services to ensure compliance with company costing and financial policies and procedures, confirmation that standard documentation facilitates including the procure to pay process and any goods and services align with project budget requirements.
Support the project weekly, monthly, quarterly, and ad hoc reporting providing cost flow forecast, cash flow forecast, and cost value reporting.

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Qualification

Bachelor’s degree or equivalent in actuarial science or economics or construction management.
A PMP certification or certificate in Project Management will be an added advantage.

Experience

Minimum 2 years’ experience in relevant Cost Control within multi-disciplined project environments.

Technical Competencies

Contracts and subcontract pre and post-award management experience.
Project Controls – WBS (scope control), Earned Value Management, cost reporting analysis, SAP PS system, establishing a cost baseline
Risk management
Proficiency in Microsoft Office Suite (Excel, Word, and PowerPoint).

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