Project Cost Controller
il y a 2 semaines
**Responsibilities:
- Develop and maintain comprehensive project budgets, forecasts, and cost control systems to ensure accurate project cost monitoring and reporting.
- Responsible for and drive periodic project cost reporting to the management providing on-time, reliable and quality analysis, and recommendations to enable the Project team to steer project in the right direction.
- Prepare accurate and timely project cost reports, including cost estimates, cost forecasts, cost performance analyses for management.
- Collaborate with EPCM Contractor(s) to collect project cost data periodically and verify that the Forecast to complete remains in accordance with the established plans and schedules. Highlight and communicate variance to stakeholders on timely basis and ensure corrections / updates are performed with EPCM. Prepare periodic summary on EPCM performance for the management.
- Collaborate with different internal stakeholders to understand, update, and build a reliable forecast on project costs.
- Analyze project budgets, actuals, forecast to complete, estimate at completion, and variances, identifying potential risks and opportunities for cost savings or cost overruns.
- Collaborate with stakeholders to periodically review, maintain, and update a cost breakdown structure, cost codes and project reporting formats / templates to enhance accuracy and efficiency.
- Monitor project progress, track actual costs, and compare against budgeted costs, identifying any deviations and recommending corrective actions to project stakeholders.
- Conduct regular cost control meetings with project teams, providing guidance on cost management, assisting in budget planning, and addressing any cost-related concerns.
- Ensure compliance with company policies, procedures, and relevant financial regulations and standards.
- Stay updated on industry best practices, cost control methodologies, and emerging trends to continuously improve project cost control processes.
**Requirements:
- Bachelor's degree in finance, accounting, business administration, or a related field. A relevant professional certification (e.g., PMI, CIMA) is a plus.
- +7 year Project Cost Controller experience in multi-billion complex project is a must.
- Strong knowledge of project management principles, cost control methodologies, and financial analysis techniques. Excellent analytical skills, with the ability to gather and interpret complex financial data.
- Being about to see the big picture and a hands-on mentality to drill deep when needed
- Proficiency in ERP / IT tools (SAP, BW, Power BI), including advanced MS Excel skills.
- Detail-oriented mindset, with ability to deliver with accuracy, on-time and reliability.
- Ability to deliver on deadlines, to handle multiple tasks (exceptional organizational and prioritization skills) and ability to handle pressure
- Effective communicator, with the ability to present complex financial information in a clear and concise manner.
- Strong problem-solving skills and the ability to identify cost-saving opportunities.
- Knowledge of relevant financial regulations and compliance standards.
- Proactive and self-motivated individual who can work both independently and collaboratively as part of a team.
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