Project Cost Controller

4 months ago

Belfast, United Kingdom Avantis Marine Full time

**Job Summary**:
The Project Cost Controller is responsible for overseeing and managing the financial aspects of the project, ensuring cost control, budget adherence, and accurate financial reporting. You will liaise with both project managers and client, providing financial insights to support decision-making.

**Key Responsibilities**:

- Invoice Management:_
- Ensure the sales invoices are quantified and submitted in a timely manner in accordance with progress and agreed milestones.
- Review and approve vendor invoices and contractor payment requests in collaboration with the PM
- Verify that invoices match contracted rates and scope of work.
- Maintain records of all financial transactions related to the project.

**Budget Management**:

- Develop, review, and maintain project budgets in collaboration with project managers.
- Track project expenditures against the budget and identify any variances.
- Analyse cost trends and provide regular budget status reports to head office.

**Cost Tracking and Analysis**:

- Monitor project costs, including labour, materials, equipment, and overheads.
- Identify cost drivers and areas for cost reduction or optimisation.
- Perform cost variance analysis and provide recommendations for corrective actions.

**Financial Reporting**:

- Prepare accurate and timely financial reports for head office, including cost reports, cash flow forecasts, and financial statements.
- Ensure compliance with financial reporting standards and company policies.

**Forecasting**:

- Collaborate with project managers to develop financial forecasts and projections.
- Anticipate potential financial risks and opportunities and provide recommendations for risk mitigation.

**Variation Order Management**:

- Assess the financial impact of variation orders and contract amendments.
- Ensure proper documentation and approval of VOs.
- Update project budgets and forecasts accordingly.

**Communication**:

- Effectively communicate financial information and recommendations to project teams and senior management.
- Participate in project meetings and provide financial insights.

**Qualifications & Skills**:

- Bachelor's degree in Finance, Accounting, Business, or a related field.
- Proven experience in project cost control, preferably in an engineering or construction environment.
- Proficiency in financial analysis, budgeting, and forecasting.
- Strong knowledge of financial reporting standards and accounting principles.
- Excellent analytical and problem-solving skills.
- Proficiency in using financial software and Microsoft Excel.
- Strong communication and interpersonal skills.

Attention to detail and the ability to work under pressure

**Job Type**: Fixed term contract

**Salary**: £26,000.00-£36,000.00 per year

**Benefits**:

- Company pension
- Free parking
- On-site parking

Schedule:

- Day shift
- Monday to Friday

Work Location: In person

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