Cost Controller - Future Concept
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Salary Not Disclosed
1 Vacancy
Job Description
Job Summary:
We are looking for a seasoned Senior Cost Controller with over 10 years of experience in managing and overseeing project cost performance across complex and large-scale projects. The ideal candidate will play a strategic role in ensuring budget adherence conducting in-depth financial analysis and supporting decision-making through accurate and timely cost reporting. The role demands strong collaboration with planning procurement and engineering teams to proactively manage and mitigate financial risks.
Key Responsibilities:
- Oversee and manage the full cost control cycle for large-scale and multi-disciplinary projects.
- Monitor project budgets track actual expenditures against approved estimates and ensure cost compliance.
- Analyze cost variances and provide actionable insights and technical recommendations to maintain financial control.
- Lead the preparation of comprehensive financial reports cost forecasts and dashboards using Excel and Power BI.
- Utilize ERP systems (such as SAP Oracle or similar) to record monitor and control project-related costs and commitments.
- Evaluate actual quantities and costs executed on-site and compare with baseline budgets and BOQs.
- Collaborate with planning procurement and engineering teams to assess the cost impact of design changes and procurement strategies.
- Review and verify contractor invoices variation orders and change requests against contract terms and planned quantities.
- Prepare and update project cash flow forecasts to support financial planning and funding requirements.
- Ensure full alignment of costs with project scope contractual terms and payment conditions.
- Support integration between cost control and project scheduling for accurate earned value reporting and performance tracking.
- Mentor junior cost engineers and provide guidance in best practices for cost management and reporting.
Qualifications & Skills:
- Bachelors degree in Engineering Finance Quantity Surveying or a related field.
- 10 years of proven experience in cost control/project controls ideally in the construction infrastructure or engineering sectors.
- Advanced proficiency in Microsoft Excel Power BI and enterprise ERP systems (e.g. SAP Oracle).
- Strong understanding of cost management methodologies project lifecycle and quantity tracking techniques.
- Expertise in earned value management (EVM) cash flow forecasting and financial performance analysis.
- Excellent analytical organizational and leadership skills.
- Ability to communicate complex financial data effectively with both technical and non-technical stakeholders.
Preferred:
- Professional certification such as Certified Cost Professional (CCP) from AACE or PMP.
- Experience working on mega projects in sectors such as oil & gas infrastructure or EPC.
Employment Type
Full Time
