Louai Boutabba

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Experiences

Develop the project cost control strategy, plans and procedures
Implement and monitor costs within each project stage and for entire project Life.
Coordinate and develop project spend projections, cost reconciliations and variances analysis .
Monitor the invoicing based on progress and achieved milestones .
collect and compile cost data and develop cost control worksheet based on actual and estimate scope of work.
Monitor the Billable and non billable change orders and update of the follow up log .

Monitor the invoicing based on progress and achieved milestones for both IN and OUT of country parts .
Implement and monitor costs within each project stage
Analyzing variances between actual and budget on quarterly basis and implement necessary action .
Supervision of the procurement process till finale delivery of materials and services.
Preparation and approval of purchase order in accordance with the project budget .
Control and supervise the financial business and project processes.
Take part in the pre closing with accrual booking ,P&L Reporting .

Develop the project cost control strategy, plans and procedures
Adhere to the segment financial, business and project processes
Participate in the development of estimates and studies within a project stage and for sanction
Implement and monitor costs within each project stage and for entire project until completion or close-out
Review and audit contractor cost control procedures and practices
Coordinate and develop project annual-spend projections, cost reconciliations and variance analysis
Monitor the change orders and update of the follow up file on weekly basis ,with multiple meeting with both sub-contractors and client.
Supervision of the procurement process till finale delivery of materials and services.
Preparation and approval of purchase order in accordance with the project budget .
Posting the invoices / entries in SAP
Passing all approved invoices to treasury unit for processing the payment .

Collect and compile cost data and develop cost control worksheet based on actual and estimate scope of work..
Analyzing variances between actual and budget on quarterly basis and implement necessary action .
Preparation of the monthly saudization report and penality invoices to sub-contractors.
Interfacing with ARAMCO in what ever matter regarding direct and indirect man-hours and analyzing the impact on the physical progress.
Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses

Preparation of annual and quarterly budget in consistence with the project planning and schedule.
Preparation and approval of purchase order in accordance with the project budget .
Collect and compile cost data and develop cost control worksheet
Analysing variances between actual and budget ,and implement corrective action .
Reporting the monthly and quarterly report to the top management .
Developing guidelines and standard tools
Treasury planning and estimation of cash flow
Take part in the pre closing with accrual booking ,P&L Reporting .
Establishing of financial KPI & dashboard
Revenue cash flow forecasting per currency based on progress and potential change orders.
Registration of incoming payments andparticipate in the development of company finance and administration
Initiating project invoices to client based on progress or milestones.

Project Cost and Budget Controller