Cost Controller

Job Purpose

• Estimates total project cost at completion for complex projects

• Develops, updates and maintains project budget and forecasting and/or

• Leads cost control activities within a project, operational role

Job Description

• Responsible to establish the first project budget/forecast based on handover bid from Sales Department

• Responsible for the updates of changes to the forecast based on inputs from project management and other project team members as applicable

• Responsible for monthly Project Cost Report and Project Management Report

• Preparation of monthly invoices to Client and follow up works (including reimbursable items)

• Perform economical analysis, forecasts, deviations reports etc.

• Update cash forecast

• Support identification of Threats and Opportunities and mitigation plan

• Increase other Departments’ awareness of the Cost Control function

• Review of commitments

• Assist procurement on invoices from Subcontractors /Suppliers

You are meant for this job if:

• Bachelor's degree in Finance/Accounting/Insurance or equivalent
• 5 to 7 years of experience in related field
• Professional English
• Knowledge of cost control tools and methodologies
• Solid analytical and problem solving skills
• Establish good relationship and cooperation with colleagues in the project team

Additional Skills

• Manpower forecasting

• Vessel / Construction / Manufacturing / Procurement forecasting

• Budget transfer and variation order register

• Budget variance formalization

• Cost sensitivities analysis

• Cash Flow

• Reporting requirements

Job Competencies