Job Description SummaryAs a project cost controller, you will be responsible for the cost control of several projects. You will report operationally to the project managers and functionality to the project cost control Manager, a member of the project Management office.

Job Description

Roles and Responsibilities:

Monitor and analyze all operational costs to ensure adherence to budget.Track and evaluate expenditure on projects and daily operations to ensure they align with the company’s financial plans.Develop and maintain cost control procedures and methodologies.Forecast and manage costs related to materials, labour, and overhead.Prepare detailed cost analysis reports and present findings to senior management.Provide monthly, quarterly, and annual cost reports, including variance analysis and recommendations.Assist in preparing budgets and forecasts based on cost analysis data.Identify opportunities for cost reduction without compromising quality.Implement cost-control strategies across all departments and functions.Collaborate with other teams to develop and execute cost-effective processes and solutions.Assist in the creation of project budgets and financial forecasts.Review project costs regularly and ensure that financial targets are met.Develop cost models and financial projections for new and existing projects.Work closely with procurement, operations, and project management teams to ensure cost efficiency.Ensure effective communication regarding cost control measures and adherence to budgets.Liaise with finance teams to ensure accurate recording and allocation of costs.Ensure compliance with internal cost control policies, industry standards, and legal regulations.Prepare for and support internal and external audits by providing necessary cost-related information.Utilize cost control software and tools to track and report expenses.Continuously improve cost tracking and reporting methods to increase accuracy and efficiency.Analyze and report on risks related to costs and provide actionable recommendations.Identify potential financial risks and assist in implementing mitigation plans.

Required Qualifications:

Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. Professional certifications (e.g., CPA, CMA) are a plus.:3-5 years of experience in cost control, accounting, or financial management.Experience in project cost control is highly preferredProficiency in financial software (e.g., SAP, Oracle, QuickBooks).Strong knowledge of Excel/Power BI and data analysis English proficiency is a must

Desired Qualifications:

Ability to analyze complex financial data and identify trends and anomalies.Strong attention to detail, with the ability to identify discrepancies and inconsistencies in cost dataExcellent verbal and written communication skills to report findings and collaborate with teamsAbility to think critically and propose cost-effective solutionsAbility to prioritize tasks and meet deadlines in a fast-paced environmentAbility to work both independently and as part of a teamStrong ethical standards and a commitment to confidentialityFlexible and adaptable to changing business needsMay involve some travel for project oversight or financial auditsOffice-based with occasional site visits

Additional Information

Relocation Assistance Provided: No