Cost Controller

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Is this your chance to join the team constructing one of Scotland's largest offshore wind farms?

Inch Cape Offshore Wind Farm

Inch Cape is a 1080MW offshore wind farm situated 15km from the Angus coast in the North Sea. The power it generates will be transmitted 85 kilometres to a new substation at Cockenzie, in East Lothian, from where it will enter the national transmission system. The project, valued at more than £3 billion, will contribute to the UK’s carbon emissions reduction targets and, upon completion, its 72 turbines will generate enough electricity to power almost half the homes in Scotland.

Summary of Assignment

Implement the cost control framework for ICOL to ensure that costs are monitored and reported accurately, timely, and in accordance with ICOL’s Project Governance Framework and associated processes.

Travels required: Mainly WFH with occasional travel to the Edinburgh office for meetings (approximately 2‑3 days per month).

Main office: Ground Floor, New Clarendon, 114‑116 George Street, EH2 4LH, Edinburgh.

Working hours: Flexible, Monday to Friday, 7.5 hours per day (normally between 8 am and 6 pm).

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 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 and 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, and ensure that the impact of all change requests is properly assessed and included 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 are correct and in‑line with approved budgets and any variations challenged.
  • Participate in cost and estimate risk analysis sessions as required.
  • Work closely with the Finance Team.

Skills

  • Demonstrates a driven and motivated perspective towards personal career development.
  • Ability to work well within a team and also proactively under own initiative with minimum supervision.
  • Excellent communication skills and ability to build, maintain and strengthen relationships with colleagues.
  • Proficient with Excel and SAP.

Knowledge

  • Proven track record of working as a cost control professional on Small/Mid/Large capital project(s) within offshore wind and/or other energy sectors.
  • Experience in project cost management – cost estimating, cost budgeting, change control, commitments, VOWD, cost forecasting, progress reporting, WBS structures, etc., in a project development, engineering or construction environment.
  • Power BI tools.
  • Demonstrates ability to identify areas for improved efficiency on projects and has previous experience implementing strategies to achieve more efficient working.

Qualifications

  • Relevant degree qualification is preferred but not essential.
  • Candidates with 2 to 3 years’ experience in a similar role.

This role offers an opportunity to make a significant impact in the renewable energy sector.

#J-18808-Ljbffr”, “datePosted”: “2026-05-12”, “hiringOrganization”: { “@type”: “Organization”, “name”: “Inch Cape Offshore Limited”, “sameAs”: “https://uk.whatjobs.com/pub_api__cpl__429304325__4861?utm_campaign=publisher&utm_medium=api&utm_source=4861&geoID=31” }, “jobLocation”: { “@type”: “Place”, “address”: { “@type”: “PostalAddress”, “addressLocality”: “City of Edinburgh” } } }
Company: Inch Cape Offshore Limited
Apply for the Cost Controller
Location: City of Edinburgh
Job Description:

Is this your chance to join the team constructing one of Scotland’s largest offshore wind farms?

Inch Cape Offshore Wind Farm

Inch Cape is a 1080MW offshore wind farm situated 15km from the Angus coast in the North Sea. The power it generates will be transmitted 85 kilometres to a new substation at Cockenzie, in East Lothian, from where it will enter the national transmission system. The project, valued at more than £3 billion, will contribute to the UK’s carbon emissions reduction targets and, upon completion, its 72 turbines will generate enough electricity to power almost half the homes in Scotland.

Summary of Assignment

Implement the cost control framework for ICOL to ensure that costs are monitored and reported accurately, timely, and in accordance with ICOL’s Project Governance Framework and associated processes.

Travels required: Mainly WFH with occasional travel to the Edinburgh office for meetings (approximately 2‑3 days per month).

Main office: Ground Floor, New Clarendon, 114‑116 George Street, EH2 4LH, Edinburgh.

Working hours: Flexible, Monday to Friday, 7.5 hours per day (normally between 8 am and 6 pm).

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 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 and 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, and ensure that the impact of all change requests is properly assessed and included 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 are correct and in‑line with approved budgets and any variations challenged.
  • Participate in cost and estimate risk analysis sessions as required.
  • Work closely with the Finance Team.

Skills

  • Demonstrates a driven and motivated perspective towards personal career development.
  • Ability to work well within a team and also proactively under own initiative with minimum supervision.
  • Excellent communication skills and ability to build, maintain and strengthen relationships with colleagues.
  • Proficient with Excel and SAP.

Knowledge

  • Proven track record of working as a cost control professional on Small/Mid/Large capital project(s) within offshore wind and/or other energy sectors.
  • Experience in project cost management – cost estimating, cost budgeting, change control, commitments, VOWD, cost forecasting, progress reporting, WBS structures, etc., in a project development, engineering or construction environment.
  • Power BI tools.
  • Demonstrates ability to identify areas for improved efficiency on projects and has previous experience implementing strategies to achieve more efficient working.

Qualifications

  • Relevant degree qualification is preferred but not essential.
  • Candidates with 2 to 3 years’ experience in a similar role.

This role offers an opportunity to make a significant impact in the renewable energy sector.

#J-18808-Ljbffr…

Posted: May 12th, 2026