Project Cost Controller

2 months ago


Aberdeen, Aberdeen City, United Kingdom First Recruitment Group Full time
Project Cost Controller

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.
Requirements
  • 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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