Job Openings Cost Controller

About the job Cost Controller

  • Maintain a healthy project within the project budget a
  • Design and formulate the financial control for a project 
  • Execute the Cost Management Plan and provide the Project Manager with accurate and up to date cost information to facilitate sound project decision making.
  • Finalize coding of all detailed estimate line items using baselined project control budget in order to establish package/control budgets.
  • Monitor planning and project / progress achievements of milestones and using the project schedule to generate data and curves for each cost profile
  • Take part in the financial aspects of the tender process. 
  • Assign budget for procurement packages, perform budget reconciliation or scope and pricing and produce reconciliation statement to support recommendations for award.
  • Record and maintain commitments based on procurement contracts, contract amendments, contract change notices, PO revisions
  • Attend periodic reviews and establish and maintain forecasts for all packages 
  • Ensure full coding, based on EPCM status report, expenditures (ex Project Accountant) and project changes/trends (e.g. Trend and Change Coordinator)
  • Forecast project contingency requirements, escalation, forex, currencies etc.
  • Import detailed actual cost and commitment data into cost system and run complete detailed baseline cost report by package
  • Update and maintain budget with approved PCNs
  • Produce cost reports and analyze variances
  • Generate data and curves for each cost profile (baselines and periodic updates)
  • Update budget, commitment, forecast, payment and cost statement for monthly report.
  • Obtain EPCM cost and progress info and update EPCM status report
  • Attend periodic reviews and establish and maintain forecasts for all packages

Qualifications and Experience

  • Tertiary qualification in engineering or related discipline or appropriate project related experience
  • A minimum of 8-10 years' experience as a Cost Controller/Cost Technician in a multidiscipline project environment.
  • Computer literacy
  • Strong personal commitment to safety
  • Good analytical, oral and written communication skills
  • Fully versed with cost control principles, policies and procedures and financial systems
  • Good knowledge of project management principles
  • Presentation skills