Cost Controller

Cost Controller
West London - Hybrid
1 Year FTC
We are seeking a Cost Controller to support the MEP package on a major infrastructure project, delivered under an NEC3 Option C Target Cost subcontract. This role is key to ensuring costs are accurately captured in line with the Schedule of Cost Components (SCC) and effectively forecast to protect project margin within the pain/gain mechanism.
Key Responsibilities (Essential)
Managing Defined Cost & Disallowed Cost

Ensure all costs comply with SCC / Short SCC
Correctly code timesheets, plant records and supply chain invoices
Identify and flag disallowed costs early (inefficiencies, non-compliance, corrected defects)

Maintaining Target Cost & Pain/Gain Position

Track Actual Defined Cost vs Target Cost
Identify early warnings impacting the target
Forecast final cost and expected pain/gain outcome

Budget Control & Forecasting

Produce weekly / monthly cost reports
Maintain Forecast to Completion (FTC)
Conduct variance analysis
Monitor labour, plant utilisation and supply chain performance

Audit Readiness & Record Keeping

Maintain open-book NEC audit records
Manage supporting documentation (timesheets, plant logs, delivery tickets, site diaries)
Ensure clear records supporting fee calculations, compensation events and disallowed costs

Desirable Experience
Compensation Event (CE) Support

Assist with CE quotations and SCC cost breakdowns
Track CE approvals and target adjustments
Maintain supporting cost build-up evidence

Supply Chain Cost Validation

Review supply chain invoices against SCC rules
Ensure correct mark-ups and fee percentages
Maintain documentation for audit compliance

Background & Experience

Experience working with NEC contracts (ideally NEC3 Option C)
Background in commercial, cost control or project controls within construction, engineering or infrastructure
Experience working alongside commercial teams and quantity surveyors

This will be a FTC, site based position with options for hybrid working.

Benefits

25 days holiday, plus bank holidays
Pension with leading provider and up to 8% employer contribution
Private healthcare
24/7 Employee Assistance Programme supporting mental health and wellbeing (including counselling and legal advice)
Employee discounts
Personal development programme
Flexible benefits package
London travel allowance