Cost Control Specialist / Cost Controller
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Responsibilities:
- Deliver, maintain, and manage robust cost management frameworks, procedures, and tools with responsibility for accurate project cost reporting and analysis.
- Develop and maintain project budgets and cost reports on behalf of the Project/Package Managers, ensuring EAC (Estimate at Completion) forecasts are available at a suitable level for each financial month end, board meetings, and lenders' construction reports.
- Monitor and control project actuals, value of work done (VOWD), commitments, and forecast costs against approved budgets; prepare accurate project reports for senior management.
- Maintain a robust change control process within the project and recommend actions accordingly.
- Support package managers in variation orders (VOs) process and drawdowns from project contingency funds.
- Liaise with Planning to ensure accurate and timely control and forecasting of budgets; assess and include the impact of all change requests in the schedule.
- Supervise and monitor monthly cost reports from project contractors and/or consultants, ensuring timely and accurate accrual submissions to finance.
- Support finance in validating monthly invoice/billing requests from contractors and/or consultants, ensuring they are correct and in-line with approved budgets; challenge variations as needed.
- Participate in cost and estimate risk analysis sessions as required.
- Work closely with the Finance Team.
Requirements:
- Relevant degree qualification is preferred but not essential.
- Candidates with 2 to 3 years' experience in a similar role, even with lesser qualifications, will also be considered.
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