Sentinel Safety & Security Group’s Post

Finance vacancies in Egypt

Senior Cost Controller

Senior Cost Controller

Wearing all the hats is exhausting. 🧢 Estimator. Project manager. Painter. Admin. Accountant. Business development. HR. If your growing a business, I’m sure you’ve experienced this. The hard part? Learning how to step out of all those roles. Very few actually make that transition. It’s only took me about 10 years but here’s what I’ve learned.. 📝Start documenting your processes early—keeping it all in your head doesn’t help anyone. This will atleast give someone a starting point! 📊Use metrics to measure performance-sales goals, estimates sent, produced work, hours worked, O.T., AR, AP, DSO & plenty more. 👥 Make time for 1-on-1s. Go over their key roles & metrics and talk through what’s working and what’s not. Be transparent and create space for the same in return. 🪂Learn to let go. It doesn’t mean ignoring things, but it does mean knowing how to manage feedback from both your customers and your team, making sure it aligns with your vision. (The quicker you can get feedback the better) There’s MUCH more to it, but these seem to be some of the biggest challenges we’ve faced during our growth. What challenges have you experienced?

Senior Accountant

Opportunity

Construction accounting is a specialized financial method for for contractors who run multiple projects at one time to have better control on each project’s financial performance. Let’s spend 10 minutes to understand these 10 things to know about the subject that could facilitate you from strategizing cashflow, getting project finance and even hiring new talents! #ConstructionAccounting #ConstructionProject #ProjectAccounting #Contractors #Cashflow #CostControl #FinancialPerformance

Is the modern day Quantity Surveyor essentially a Financial Controller as opposed to a QS in the traditional sense? In my experience of working on large projects (this is not a criticism), as a QS, many times I felt like an Accountant and often a Lawyer. I felt like a QS when I got my wages though. 😅 Of course Cost Management, Management accounts, CVR's. Liabilities, Accruals and Payments are all vital. Contract Administration, understanding the contract, working the contract through its various mechanisms, agreeing change and still maintaining a relationship both upstream and downstream are also very important and definately take skill. It can be tricky to tell a subcontractor that you are witholding say 5% of their payment application and in the next breath ask them to take on additional works. All of the above functions are important, vitally important in order to run a business successfully, but whats missing? Theres no measurement, quantification or practical skills. And there was no room made for them. Its like an Engineer not doing any setting out...a block layer not laying blocks.. This was one of the main reasons why I wanted to establish Take off Bill®, to use these skills and offer the service of Take offs, Bills of Quantities and Measurement to clients. Do you measure or practice measurement regularly, does it play a role in your day to day job? #boq #measurement #building #rail #civilengineering #quantitysurveying

Senior Cost Controller