Project Cost Planner

2 days ago

Cape Town, Western Cape, South Africa DLK Group (PTY) Ltd Full time
Job Title: Project Cost Planner

The DLK Group (PTY) Ltd is seeking a highly skilled Project Cost Planner to join our team. As a key member of our project management team, you will play a critical role in ensuring the successful financial planning, budgeting, and cost management of various projects within the organization.

Key Responsibilities:
  • Develop and maintain detailed cost estimates for projects at various stages (preliminary, detailed, and final).
  • Analyze project requirements and specifications to identify all cost components.
  • Create and manage project budgets, ensuring alignment with organizational financial goals.
  • Monitor budget performance throughout the project lifecycle, providing regular updates to stakeholders.
  • Implement cost control measures and methodologies to track and report on project expenditures.
  • Identify cost-saving opportunities and recommend strategies to optimize project finances.
  • Prepare and present comprehensive financial reports to project teams and management.
  • Utilize forecasting techniques to predict future project costs and variances.
  • Work closely with project managers, finance teams, and other stakeholders to ensure financial alignment.
  • Facilitate communication regarding financial performance and budgetary issues.
  • Assess financial risks associated with projects and develop mitigation strategies.
  • Conduct cost-benefit analyses to inform decision-making.
  • Ensure compliance with organizational policies and industry regulations regarding cost management.
  • Stay updated on best practices and trends in project cost.
Requirements:
  • NQF Level 6 in Project Management or equivalent.
  • Relevant cost planning qualification (e.g., Cost Engineering, Quantity Surveying).
Experience:
  • Minimum of 5 years in project cost planning, with demonstrable experience in budgeting and financial management.
Skills:
  • Strong analytical and mathematical skills.
  • Proficiency in project management software and financial modeling tools.
  • Excellent communication and interpersonal skills.
  • Ability to work under pressure and manage multiple projects simultaneously.

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