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