COST CONTROLLER
Description
Job Summary
1. Establish and communicate processes and routines required for effective control and reporting during the project lifecycle to all team members
2. Establish a project coding structure in accordance with the Group guidelines.
3. Assist/liaise with Project Planner for maintenance of project WBS and NWA structures
4. Responsible for the reconciliation of forecasted and actual expenditures and the production of project accruals
5. Responsible for the overall coordination of changes to the forecast based on inputs from Client, project management and other project team members as applicable
6. Perform monthly closing adjustment in accounts: determine and post cost accruals and unbilled revenue, calculate and post revenue adjustments when its recognition is based upon cost progress
7. Ensure in-depth analysis and reporting of variances on a monthly basis
8. Prepare/compile cost and financial input to the PMSR (Project Monthly Status Report)
9. Provide accurate project long term cash flow forecast on a monthly basis
10. Perform economic analysis, deviations, probability, and support project management on any accounting issues and reporting related to the project
11. Monitoring budgets to ensure that spending does not exceed approved levels
12. Collecting cost data from suppliers or subcontractors to track material costs
13. Preparing bid estimates for new projects or bids on existing projects
Candidate Profile
Skills
Job Summary
1. Establish and communicate processes and routines required for effective control and reporting during the project lifecycle to all team members
2. Establish a project coding structure in accordance with the Group guidelines.
3. Assist/liaise with Project Planner for maintenance of project WBS and NWA structures
4. Responsible for the reconciliation of forecasted and actual expenditures and the production of project accruals
5. Responsible for the overall coordination of changes to the forecast based on inputs from Client, project management and other project team members as applicable
6. Perform monthly closing adjustment in accounts: determine and post cost accruals and unbilled revenue, calculate and post revenue adjustments when its recognition is based upon cost progress
7. Ensure in-depth analysis and reporting of variances on a monthly basis
8. Prepare/compile cost and financial input to the PMSR (Project Monthly Status Report)
9. Provide accurate project long term cash flow forecast on a monthly basis
10. Perform economic analysis, deviations, probability, and support project management on any accounting issues and reporting related to the project
11. Monitoring budgets to ensure that spending does not exceed approved levels
12. Collecting cost data from suppliers or subcontractors to track material costs
13. Preparing bid estimates for new projects or bids on existing projects
Candidate Profile