Project Cost Controller IMCC180626

Job Title: Project Cost Controller

Location: Rustenburg

Job Type: 6 month contract expected to work Full-Time hours (Onsite)

Key responsibilities

Control the approved Capital Budget by ensuring accurate comparisons for management visibility between order detail and the detail within the approved Capital Budget before placement of orders/contracts.

Control over the approved Capital Budget by timeous identification of potential cost overruns and negative trends against Contracted / Order amounts by being actively involved in the project and by scrutinizing the details of the monthly budget versus actual quantities and costs together with schedule performance and trends.

Compiling cost variances (including all change notices) and obtaining potential cost impacts of variances from relevant team members timeously.

Accurate and timeous recording of actual costs incurred to ensure accurate reporting of cost status at each monthly interval to the Project Manager Controls Manager and external stakeholders.

Generating Reports and reports on:

o Plan vs Actuals.

o Cash flow forecasts.

o BAC and EAC.

Manage project contingency in accordance with management/clients protocols.

Drawing trends forecasting and generating time-phased cost flows reflective of project estimate at completion per control account.

Preparation of budget impacts and sourcing of funds resulting from a request for change.

Ensures timeous processing of approved transfer of funds as and when required resulting from approved change requests.

Generating Monthly Cost Reports to indicate true cost status and key project cost metrics for decision-making and corrective actions.

Ensures timeous settlement of final accounts and order closeout upon completion of work.

Ensures governance and/or Limits of Authority followed in terms of Budget Limits for approvals.

Coordinate and compile project cost forecasts.

Day-to-day cost control including verification of time sheets and/or other supporting documentation.

Communicate due dates for payments to stakeholders.

Expediting payments of invoices including verification of supporting documentation.

System training may be offered by the client to enable you to assist with:

o Running reports on SAP

o Raise orders into SAP.

o Load invoices into SAP.

o Emergency order and payment in SAP.

o Load new contracts into SAP.

o Balancing SAP CAS accounts monthly and completing SAP month end.

o Verification of all quotes and invoices for correctness before processing and submission for signatures.

Assist client/management with Project closure closeout Lessons learnt etc. and reporting

Assist on Procurement activities like PO Amendments Scope finalising expediting approvals on PR and PO

Track outstanding Procurements and facilitate sessions with End users and Procurement departments to finalise its processing

Update Procurement dashboard for management presentations

Consistent follow up with suppliers and contractors for cash flow forecast and cost timing updates

Draw reports from SAP (Budget Actuals Commitments)

High level knowledge of EVM CPI and SPI

Assist in generating / completing Change control reports in terms of Cost and Cashflow forecast

Requirements

National Diploma or Bachelors Degree in: Cost Management Quantity Surveying Finance or Accounting

CCP or CCT qualification is an advantage

15 years of experience as a project cost controller

Must have experience using the following software:

SAP

Excell

Power BI