Project Cost Controller

3 days ago

glasgow, United Kingdom Eden Scott Ltd Full time

We are delighted to be supporting our O&G client with the recruitment for this role. The Project Cost Controller ensures accurate, timely and value-added analysis and reporting on a project. The discipline contributes to the effective running of projects and comprises responsibility for, but not limited to cost performance status reporting.

The role ensures the provision of all Cost Control functionality on the project including budget set up, updates and monitoring, change management, variation estimating, cost reporting, risk contingency and management as well as all forecasting activities. The role reports directly to the Cost Control Lead.

KEY RESPONSIBILITIES

  • Develop a common understanding of the Tender budget through a review and analysis process with the relevant estimator and project team members.
  • Prepare and establish the Cost Breakdown Structure and Budget Elements which describe the full structure to be used in the Cost Control System and that align into the Work Breakdown Structure.
  • Ensure full coherence and utilisation of the Cost Control System and that it aligns with the Work Breakdown Structure for budgeting purposes and reporting key performance indicators throughout the project.
  • Establish and communicate processes and routines required for effective control and reporting during the project lifecycle to team members with consideration of financial and other compliance legislation.
  • Conduct reconciliation of forecasted and actual expenditures and the production of project accruals.
  • Prepare Close Out Documentation both internally and externally relevant to the Function.
  • Ensure proactive methods in sharing knowledge and experience, raising areas of difficulty and concern and assisting in improving routines.
  • Participate in estimating Variations Orders, prepare supporting data and documentation.
  • Ensure in-depth analysis and reporting of variances on a periodic basis as well as calculate on a monthly basis.
  • Ensure information is fed back to Estimating department during project execution and at project closing whenever needed.

QUALIFICATIONS & EXPERIENCE

  • Professional qualifications - Part qualified or currently undertaking studies towards a professional accounting qualification (ie CIMA, ACCA) is desirable although candidates degree qualified ideally in Cost Management, Project Management or Finance will also be considered.
  • Broad experience of delivering Cost Centre Control and various types and size of project preferable.
  • Technical knowledge and application of Cost Control and associated systems.
  • IT literate across the MS Suite, proficient in Microsoft Excel (including advanced pivots/lookups etc)
  • Working knowledge of SAP is preferable, but not essential.
  • Understanding of the energy industry is preferable, but not essential.

PERSON SPECIFICATION

  • Excellent communication skills, both verbal and written, accustomed to report writing.
  • Culturally aware, builds and maintains strong business relationships at all levels of the business.
  • Collaborative team worker who also demonstrates initiative and ownership.
  • Adaptable with a hands-on approach to supporting the team.
  • Pro-active and solutions-based, questions and will challenge the status quo.
  • Will devise and implement improvements.
  • Excellent analytical skills, and an ability to work with detail and high accuracy.

Please click on the link to apply or send your updated CV to


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