Purpose

• The Cost Controller will be the interface between the project team and the project accounting department and will oversee the financial course of one or more projects.
• The Cost Controller will be responsible for processing and managing project data in the financial system to ensure accuracy, reliability and completeness of project and financial data.
• The Cost Controller will assist in driving the cost control function and ensure that all project controls standards are adhered to while providing timely and accurate information to various project stakeholders.

Requirements

• Compile and manage project budget in collaboration with the Project Manager:
• Support in and managing project resource planning.
• Monitoring that all commitments and payments relate to properly approved contracts, claims and variations following financial delegations and project governance structures.
• Review the spend on a project to ensure that internal (time) and external costs are incurred within budget.
• Identification of potential issues/risks affecting the profitability of a project and timely communication thereof.
• Support in compiling, reviewing and reporting cash flow forecasts (revenue and cost) and driving invoicing and cost accounting in accordance with project schedule.
• Updating and maintaining Contract Registers and support in contract management with the input of the project managers.
• Monthly financial performance monitoring/reporting, including Steering Committee Reporting, and undertaking variance analysis (actual vs. planned).
• Participate in meetings with project team, clients and subcontractors to represent project controls and take minutes of meetings.
• Build and sustain positive relationships with all stakeholders, including clients, vendors, and co-workers.
• Continuous improvement/development of current cost control system and processes (automation alongside the IT department).
• Liaising with auditors.

Qualifications/Experience

• Bachelor’s degree in financial accounting / quantity surveying / BCom / BTech or other relevant engineering or business degree.
• 5 – 7 years’ proven experience in cost control, accounting, engineering, or related role, ideally in a similar project-based environment.
• Project controls and costing experience.
• Experience working on an ERP system.
• Proficient in MS Office and advanced use of Excel.
• Knowledge of New Engineering Contracts (NEC) will be an added advantage.

Personal attributes

• Excellent interaction skills (written and verbal communication skills)
• Accountability, ownership and a high sense of commitment to responsibilities
• Ability to multitask
• Team player and ability to work collaboratively
• High degree of professional ethics – Demonstrate a strict practice of confidentiality, personal responsibility, and discretion
• Excellent analytical, numerical, and problem-solving abilities
• Task orientated
• Accuracy – attention to detail
• Punctual – meeting deadlines
• High stress tolerance
• Able to work overtime
• Driver’s License (will be required to travel between Secunda, Johannesburg and Vanderbijlpark offices.)