Project Cost Controller
2 months ago
Aberdeen – Hybrid working of 3 days per week in the office and 2 days per week working from home
Renewables sector – Offshore Wind
A Project Cost Controller with a strong focus on cost management is required to work on a permanent staff basis for a large Renewables company in the Aberdeen area.
Key Responsibilities- Responsibility for all aspects of cost control of assigned projects including forecasting and commitment tracking of man hours, procurement activities and vessel operations
- Provide project managers with advice and support in financially managing their projects
- Ensure that SAP accurately reflects project costs and revenues to date, including any accruals or prepayments
- Assist the project managers in the preparation of monthly project and financial forecasts for assigned projects
- Assist the project manager in the preparation of a monthly financial sensitivity analysis for their projects
- Analyse variances from as-bid financials by building a detailed monthly analysis of variances from prior forecast
- Prepare month end project reports and review with Project Manager
- Attend project / client meetings and provide relevant cost and financial input as required
- Prepare and issue, or support the preparation and issue of all project invoices, including a focus on collection of payment
- Prepare project cash flows in support of the Group's treasury requirements for cash flow forecasting.
- Develop effective interfaces with all Project functions and contribute to improvement programs;
- Build/enhance relationships with project managers to ensure communication and flow of information is effective
- Work with project managers to develop and improve reporting tools/systems and make recommendations to improve/enhance existing processes.
- Degree qualified in a Finance or Business related subject
- Previous experience in project accounting and cost control within a similar industry
- An interest in (or already in the process of) obtaining a recognised accounting body qualification
- Good awareness of relevant accounting standards
- Committed to self development
- Confident in the use of Excel
- Communicate effectively and articulately at all levels
- Good analytical skills and effective forward planning
- An understanding of SAP
- Able to demonstrate leadership skills by motivating/influencing others to achieve the required outcomes and are proactive in making suggestions for improvements to systems and procedures.
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