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Project Financial Controller
2 months ago
About Turner & Townsend
We're a global professional services company that's passionate about making a difference. Our mission is to deliver better outcomes for our clients, help our people realize their potential, and contribute to a prosperous society.
With over 110 offices worldwide, we help our major global clients deliver ambitious and highly technical projects. As part of our 2025 Vision, we're putting Sustainability and Net Zero at the heart of our business.
Our team is dynamic, innovative, and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity, and the quality we deliver. As a result, our people get to enjoy working on some of the most exciting projects in the world.
Job Summary
We're seeking a Senior Cost Management Specialist to join our busy and expanding Defence North team. This role will provide the opportunity to innovate, collaborate, and learn from our experienced and award-winning Cost Control community and wider extensive Controls and Performance Network.
Key Responsibilities
- Work alongside project delivery teams as part of a wider cost control team or independently with reach-back support to experienced cost professionals.
- Tailor cost control approaches to meet the client's 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), 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, in order 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, where required, 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
In order to progress your application, it is essential that you are a sole British national passport holder, with current security clearance, or the ability to achieve this.
This is purely due to client security requirements.
