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Senior Cost Controller
2 months ago
About the Role
We are seeking a highly skilled Senior Cost Controller to join our Defence North team at Resourcing Group. As a Senior Cost Controller, you will play a key role in ensuring the successful delivery of our projects by providing expert cost control and financial management services.
Key Responsibilities
- Work closely with project delivery teams to develop and implement cost control strategies that meet client needs and align with best practice.
- Promote the benefits and requirements of cost control within the project and programme team.
- Implement, administer, and maintain cost control systems and procedures to track project budgets, commitments, expenditures, and forecasts.
- Develop project Cost Breakdown Structures (CBS) and align the time phasing of budgets against the Work Breakdown Structures (WBS) to accurately track and control actual costs.
- Map and integrate cost estimates to the Work Breakdown Structure to set the project budget against the correct Work Packages, Planning Packages, and Control Accounts.
- Develop and maintain relationships with interfacing disciplines, including Finance, Commercial, and Project Managers, to ensure alignment of project information.
- Lead the production of accruals to ensure that the Actual Cost of Work Performed is accurately reflected in a timely manner in the cost data.
- Provide advice and assist the development of reporting tracking tools, where required, and generate Cost reports on a regular basis, including analysis of earned value management information.
- Provide cost information and advice to the project team to develop status reports, keep management informed on project progress, and support performance management decision making.
- Train and coach clients and less experienced team members on cost control processes and practices.
Requirements
- Demonstrable experience in cost control is essential.
- Familiarity with different cost performance reporting and cost forecasting techniques.
- Experience leading cost control assurance activities as part of project performance cadence.
- A detailed understanding of Earned Value Management (EVM), progress reporting, forecasting, and performance reporting and analysis.
- Practical experience of using MS Excel and other MS applications.
- Familiarity with at least one cost control tool is desirable.
- An understanding of how other aspects of Project Controls (Scheduling, Risk Management, Reporting, Change Control) interact with Cost Control is desirable.
- Familiarity with NEC contracts is desirable.
- The ability to travel to client sites across the region as required.
Security Clearance
This role requires the ability to achieve security clearance, which is a requirement for working with our clients in the Defence sector.
