Cost Controller
AI Summary
Tracks, analyzes, and reports project costs against approved budgets for EPC or construction projects, maintaining cost control systems and supporting forecasting and variance analysis.
About this role
Job Summary: The Cost Controller is responsible for tracking, analyzing, and reporting project costs against approved budgets, supporting accurate forecasting and cost control across the project.
Duties & Responsibilities:
Maintain project cost control systems and cost breakdown structures. Track committed, actual, and forecast costs against the approved budget. Prepare periodic cost reports and variance analysis for management. Support preparation of project cash flow forecasts. Coordinate with procurement and site teams to verify cost data accuracy. Track change orders/variations and their cost impact. Support earned value management (EVM) calculations and reporting. Maintain cost coding and allocation in line with the project WBS. Assist in preparation of monthly cost reports for client/management review. Identify cost risks and trends and escalate to the Project Control Manager. Support close-out cost reconciliation and final account preparation.
Requirements
Experience: +5 years of experience in project cost control on EPC or construction projects.
Education:
Bachelor's degree in Engineering, Finance, Accounting, or a related field.
Required Skills & Abilities:
1- Core Competencies:
Analytical Thinking Attention to Detail Accountability Communication Skills Time Management
2- Technical Skills:
Cost Control & Budgeting Earned Value Management (EVM) Cost Coding / WBS Structures Project Reporting Systems MS Excel (Advanced Modeling)
Skills
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