Cost Control Officer at Anglogold Ashanti
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- Company: Anglogold Ashanti
- Location: Ghana
- State: Jobs in Accra
- Job type: Full-Time
- Job category: Mining Jobs in Ghana
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Job Description
ROLE PURPOSE
The purpose of the role is to assist the Project Services & Business Improvement department with respect to project cost control/management function, specifically assisting in updating the Sustaining Capital Detailed Time-Phased Cost Model. The role holder will also be responsible for tracking, analysing, and monitoring costs on projects to ensure that:
• Cost control estimates and related contingencies are reasonable and adequate.
• An accurate forecast is always maintained.
• The detailed project cost model is always up-to-date and used as a reference point for performance measurements.
• Costs are contained within control estimates and spending progress is maintained to plan.
• Commitments and actuals are tracked weekly
KEY ACCOUNTABILITIES:
• Understand all contract documents, agreements, procedures, instructions, and other requirements relevant to project costing
• Assist in establishing, maintaining, and managing project budgets, actual and committed costs, invoicing, forecasts and cost estimates, cash flow, and the SOX auditing 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 the budget.
• Analyse 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 adversely impact the costs of projects Report any defective controls, breaches, or non-compliance for correction.
• Create purchase requisitions for approval
• Identify and utilize appropriate information from the contractors’ project cost systems to ensure the project cost progress reports are aligned with agreed contract terms and conditions.
• Review and recommend approval for payment for contractor progress claims and invoicing.
• 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.
• Support weekly, monthly, quarterly, and ad hoc project reporting including cash flow forecast, variance analysis, and cost value reporting.
• Demonstrate strong SHE leadership and assist in promoting a strong SHE culture within the PSBI department and across site..
Qualification Required & Experience
• Bachelor’s degree in Finance, Economics, Engineering, Construction Management, or related qualification
Experience
• Must have a minimum of 2 years of work experience in a similar role, preferably in a mining environment.
• Basic knowledge of Project Controls/Management – WBS (scope control), Earned Value Management, Cost Reporting and Analysis, SAP PS System
• Contracts and subcontract pre- and post-award management experience
• Knowledge of cost baseline development
Other Competencies
• Able to multitask, prioritize, and manage time efficiently.
• Proficient computer skills, Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel)
• Ability to build and maintain effective cross-functional working relationships
Location: Ghana
How To Apply For The Job
To submit your application, click on the link below and complete all relevant fields on the online application form.
Closing Date: 24 March, 2025