Job Description
Cost Controller
Birmingham
On site/Hybrid
£55,000 - £75,000 per annum (Negotiable, depending on experience)
£1,000 per month living allowance
Role brief –
We are currently searching on behalf of our client, an International Tier 1 Infrastructure Contractor for a Cost Controller. This is a significant role tasked with establishing Project Budget and monthly Cost Reports by running systems for collecting, analysing, verifying, and reporting financial performance. This role will be part of a major infrastructure project within a framework consisting of some of the largest Teir 1 Infrastructure Contractors currently operating in the UK.
Accountabilities –
Within Cost Control:
* Prepares non-defined cost budget.
* Ensures adequate analytical coding of all recorded expenses.
* On a monthly basis:
* Preparation of month end documents,
* Preparation of month end journals,
* Ensures all costs and accruals are recorded during the month closing,
* Participates to the monthly review meeting with the preparation of the Cost Value Reconciliation Report (CVR),
* Conducts analysis between earned value and planned value,
* Conducts analysis on CVR variances.
* Maintains monitoring systems for all cost indicators, targets and standards Management & Performances requested,
* Prepares Ad hoc analysis of costs, scenarios, efficiencies, if & when requested,
* Alerts management on budget variations and purposes improvement axis & actions plans to prevent recurring variations,
* Alert management for all irregularities detected.
Within Cost Assurance:
* Work closely with the CVA team, you will be the main point of contact for the CVA team and will have to answer weekly queries.
* Work closely with different Project stakeholders.
* Monthly reporting for Management (cost assurance strategy monthly meeting)
* Elaboration of “line of defence” library,
* Work in collaboration with the Afp team to monitor/resolve cost queried under the Afp process and linked with the non-defined cost. (Afp=Application for payment)
* Review our internal processes.
* Control the compliance with our processes in collaboration with the audit team.
Experience Required –
* 3-5 years’ relevant experience gained within a contracting/projects environment is preferable but not essential, ideally as a Project Cost Accountant or Project Cost Controller.
* Excellent knowledge of cost accounting, budgeting and forecasting.
* Advanced Excel and analytical skills.
* Knowledge on power BI.
* They will be a self-starter, highly motivated, energetic, and dedicated, with a strong track record of promotion in the organisations that they have worked in.
* The role may require some travel, but will be predominantly based in site offices.