Senior Project Cost Controller

SUMMARY:
Senior Project Cost Controller
Our client is seeking an experienced and detail-oriented Senior Project Cost Controller to join their project team. The successful candidate will be responsible for overseeing and controlling project expenditure, ensuring financial accuracy, compliance with governance standards, and effective cost management across multidiscipline projects. This role plays a key part in supporting project decision-making through accurate reporting, forecasting, and financial controls.

POSITION INFO:
Minimum Requirements

• Relevant tertiary qualification (Degree or Certified Cost Professional).
• 8–10 years’ experience in a Cost Controller or Cost Engineer role within a multidiscipline project environment.
• Strong knowledge of cost control principles, financial governance, and compliance standards.
• Proven experience working with Project Cost Management Systems and SAP.
• Solid understanding of project management methodologies and controls.
• Excellent analytical, written, and verbal communication skills.
• Strong business acumen with the ability to think strategically and analytically.
• Ability to manage multiple priorities with a high level of accuracy and attention to detail.
• Demonstrated capability to support and lead organisational change initiatives.

• Provide effective cost control support to project teams in line with organisational policies, procedures, and regulatory requirements.
• Develop, implement, and manage project financial controls, including the Cost Management Plan.
• Prepare cost estimates, manage project budgets, monitor expenditure, and produce accurate cost forecasts.
• Supply project management with up-to-date cost information to enable informed decision-making.
• Establish control budgets by finalising coding for detailed estimate line items against the approved baseline budget.
• Track project progress in line with the schedule and generate cost curves and performance data.
• Support tender and procurement processes by allocating budgets, reconciling scope and pricing, and preparing financial recommendations.
• Review contractor payment applications in accordance with contract terms and prepare payment certificates or invoices for approval.
• Maintain accurate records of procurement commitments, including contracts, variations, change notices, and purchase order updates.
• Conduct regular cost reviews and update forecasts based on project progress, expenditure trends, and approved changes.
• Manage and forecast contingency, escalation, foreign exchange, and currency impacts.
• Capture actual costs and commitments in cost systems and generate detailed cost reports by package.
• Participate in change management and trending processes, incorporating approved changes into the Estimate at Completion (EAC).
• Update project budgets to reflect approved Project Change Notices (PCNs).
• Produce periodic cost reports, analyse variances, and report findings to key stakeholders.
• Collect and consolidate EPCM cost and progress data and maintain accurate status reporting.