Senior Cost Controller

Skills
Financial SoftwareBudget TrackingControl SystemsCost ControlCost ReportingFinanceFinancial Metrics
Role

What the job involves

The main requirements, responsibilities and hiring steps.

Day to day

  • Develop implement and maintain comprehensive cost control reports that align with project objectives budgets and contractual requirements
  • Monitor project budgets track and analyze expenditures and ensure costs align with project estimates
  • Identify budget variances and deviations
  • Prepare accurate cost forecasts considering project progress and scope changes
  • Regularly update project managers and stakeholders on cost implications
  • Evaluate and process change orders and project scope variations
  • Assess the impact of changes on project costs and schedules
  • Collaborate with procurement and vendor management teams to ensure cost-effective sourcing
  • Identify potential cost risks and uncertainties that may affect project budgets and propose strategies for risk mitigation and cost containment
  • Generate and distribute detailed cost control reports to stakeholders highlighting key financial metrics cost performance and areas for improvement
  • Work closely with project teams schedulers engineers and other stakeholders to ensure cost control measures align with overall project requirements
  • Maintain accurate and organized records of project costs change orders and financial documents for auditing and compliance purposes