Cost Controller

Job Summary:

We are looking for a seasoned Senior Cost Controller with over 10 years of experience in managing and overseeing project cost performance across complex and large-scale projects. The ideal candidate will play a strategic role in ensuring budget adherence, conducting in-depth financial analysis, and supporting decision-making through accurate and timely cost reporting. The role demands strong collaboration with planning, procurement, and engineering teams to proactively manage and mitigate financial risks.

Key Responsibilities:

• Oversee and manage the full cost control cycle for large-scale and multi-disciplinary projects.
• Monitor project budgets, track actual expenditures against approved estimates, and ensure cost compliance.
• Analyze cost variances and provide actionable insights and technical recommendations to maintain financial control.
• Lead the preparation of comprehensive financial reports, cost forecasts, and dashboards using Excel and Power BI.
• Utilize ERP systems (such as SAP, Oracle, or similar) to record, monitor, and control project-related costs and commitments.
• Evaluate actual quantities and costs executed on-site and compare with baseline budgets and BOQs.
• Collaborate with planning, procurement, and engineering teams to assess the cost impact of design changes and procurement strategies.
• Review and verify contractor invoices, variation orders, and change requests against contract terms and planned quantities.
• Prepare and update project cash flow forecasts to support financial planning and funding requirements.
• Ensure full alignment of costs with project scope, contractual terms, and payment conditions.
• Support integration between cost control and project scheduling for accurate earned value reporting and performance tracking.
• Mentor junior cost engineers and provide guidance in best practices for cost management and reporting.

Qualifications & Skills:

• Bachelor’s degree in Engineering, Finance, Quantity Surveying, or a related field.
• 10+ years of proven experience in cost control/project controls, ideally in the construction, infrastructure, or engineering sectors.
• Advanced proficiency in Microsoft Excel, Power BI, and enterprise ERP systems (e.g., SAP, Oracle).
• Strong understanding of cost management methodologies, project lifecycle, and quantity tracking techniques.
• Expertise in earned value management (EVM), cash flow forecasting, and financial performance analysis.
• Excellent analytical, organizational, and leadership skills.
• Ability to communicate complex financial data effectively with both technical and non-technical stakeholders.

Preferred:

• Professional certification such as Certified Cost Professional (CCP) from AACE or PMP.
• Experience working on mega projects in sectors such as oil & gas, infrastructure, or EPC.