Senior Cost Controller
Must-have:SAPFinTechSenior
Your tasks
In this role, you will establish budget baselines, monitor live project expenses against forecasts, implement rigorous cost-control procedures, and provide executive management with accurate, data-driven financial reports to protect project profit margins.
- Budget establishment & breakdown: Develop and maintain baseline project budgets based on tender calculations, contractual agreements, and Work Breakdown Structures (WBS) / Cost Breakdown Structures (CBS).
- Cost tracking & variance analysis: Continuously monitor site commitments, actual costs, equipment hire, materials usage, and labor expenses against baseline budgets to identify cost variances early.
- Earned value & forecasting: Perform monthly Cost Performance Index (CPI) and Schedule Performance Index (SPI) analyses; generate Estimate at Completion (EAC) and Estimate to Complete (ETC) reports.
- Cash flow management: Prepare monthly project cash flow forecasts, monitor cash inflow/outflow projections, and reconcile site expenditure with finance teams.
- Change order & variation review: Evaluate the financial impact of scope changes, variation orders, and subcontractor claims alongside Quantity Surveyors and Commercial Managers.
- Subcontractor & supplier cost audits: Audit and review subcontractor interim payment applications, purchase orders, and supplier invoices prior to payment approvals.
- Management reporting: Produce comprehensive monthly Cost Value Reconciliations (CVR), financial progress reports, and risk exposure dashboards for project leadership.
Requirements
- Education: Bachelor’s degree in Civil Engineering, Construction Management, Quantity Surveying, or Finance/Accounting.
- Experience: 7–10+ years of dedicated project cost control experience within civil, commercial building, or large-scale infrastructure construction projects.
- Software proficiency:
- Advanced expertise in MS Excel (financial modeling, pivot tables, complex formulas, macros).
- Strong proficiency in Enterprise Resource Planning systems (SAP, Oracle Primavera Unifier, or PRISM).
- Familiarity with scheduling software (Primavera P6) to align cost profiles with project progress.
- Key competencies:
- Deep understanding of Earned Value Management (EVM) methodology and Cost Breakdown Structures (CBS).
- Strong knowledge of construction financial processes (CVR, invoicing, retention, commitments).
- Excellent analytical mindset, commercial acumen, and cross-departmental communication skills.
What we offer
- Competitive base salary package with performance bonuses.
- Comprehensive health and life insurance.
- Professional development opportunities and support for professional certifications.
- Clear career progression paths within project management.