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Cost Controller

4 weeks ago

Sydney, New South Wales, Australia Hydrostor Inc. Full time

6 days ago Be among the first 25 applicants

Direct message the job poster from Hydrostor

Talent Acquisition Manager / HR Business Partner

Title: Cost Controller / Cost Engineer

Location: Sydney or Melbourne (Hybrid)

Job Type: Full-time

Join the Clean Energy Revolution

Are you ready to shape the future of sustainable energy? Hydrostor, a pioneer in Advanced Compressed Air Energy Storage (A-CAES) systems, is seeking a Cost Controller/Cost Engineerto join our team in either Sydney or Melbourne. We're enabling the energy transition to a cleaner, more reliable electricity grid, and invite you to be at the forefront of this groundbreaking journey.

Why Hydrostor?

Our cutting-edge A-CAES technology is uniquely positioned to revolutionize the energy landscape. Join us as we lead the way in shaping a greener, more sustainable future.

Your Mission:

We are currently seeking a meticulous and results-driven Project Cost Controller to join our Project Team. As a Cost Controller, you will play a vital role in the organization's financial health by overseeing and managing scope costs and forecasting. Working with and under guidance of the Senior Project Controls Coordinator as part of a broader Project Controls team, this position is integral to the company's goals and objectives, contributing to accurate financial reporting, budget adherence, and proactive decision-making. You will collaborate closely with project managers, engineers and cross-functional teams to ensure effective cost-control measures are implemented, cost forecasting and cash flow projections are accurate.

Your Day-to-Day Adventures:

  • Cost Analysis: Conduct in-depth analysis of project and supplier costs, identifying variances, and trends and working with project teams to mitigate and proactively pursue saving opportunities.
  • Forecasting: Assist in the development of financial forecasts by providing accurate and timely information on project costs and expenditures.
  • Budget Oversight: Collaborate with project managers, and members of the project team to develop and monitor project budgets, ensuring alignment with overall project financial objectives. Manage purchase order requests, approvals, and entries within the ERP system, ensuring accuracy and timely processing.
  • Reporting: Generate regular cost reports for project managers and scope managers, highlighting key financial metrics and trends.
  • Business Analysis: Workflow process analysis, development, optimisation and system implementation and improvement
  • Financial Compliance: Ensure project costs adhere to established financial policies, procedures, and industry standards. Implement corrective measures as needed.
  • Risk Assessment: Record potential cost-related risks and work with project teams to develop mitigation strategies.
  • Collaboration: Work closely with cross-functional teams, including project management, procurement, and accounting, to streamline cost control processes.

Candidate/Employee Overview:

We are seeking a detail-oriented and analytical individual to fill the role of Cost Controller/Cost Engineer. The ideal candidate will bring a proactive and collaborative approach to cost control and will have a strong financial acumen and the ability to analyze complex data sets to provide meaningful insights. Effective communication skills are essential, as you will interact with various stakeholders to ensure project costs align with financial objectives. A keen eye for detail, adaptability, and the ability to work seamlessly with cross-functional teams are key attributes that will contribute to your success in this role.

What You Bring:

  • Minimum of 3-5 years of experience in cost control, project engineering or a similar role with responsibility for managing project costs.
  • Proficiency in financial analysis, cost control methodologies, and financial reporting, including experience in applying Cost Breakdown Structures and Work Breakdown Structures.
  • Certification in Project Management, cost control, or related financial disciplines is preferred.
  • Bachelor's degree in Finance, Accounting, Project Management, Information Systems or a related field looked upon favorably.
  • Strong analytical and problem-solving skills, with a keen eye for detail.
  • Excellent verbal and written communication skills, with the ability to convey complex financial information clearly.
  • Ability to adapt to changing priorities and work effectively in a dynamic environment.
  • Demonstrated ability to collaborate with cross-functional teams to achieve financial goals.
  • Strong competency in Excel and PowerBI or Tableu, Experience in Financial and purchasing modules of ERP systems (Microsoft Dynamics Business Central, SAP, JDE).
  • Experience working with Project Management Cost Control Systems (for example Procore) and planning tools (Primavera P6, Microsoft Project, but not limited too) looked upon favorably.

To Apply:

To apply for this position, submit your resume by clicking "Easy Apply.

We thank all applicants for their interest, however, only those selected to move forward in the interview process will be contacted.

For more information on Hydrostor and the exciting journey we are on visit our website at www.hydrostor.ca

Equal Opportunity Employer

At Hydrostor, we know that fostering an inclusive workplace, which values diversity, inclusion, and belonging is paramount to our success.

To fulfill our mission, our goal is to attract people who come from all backgrounds and walks of life, who bring diverse perspectives with wide-ranging experiences, and who share in our common passion to drive innovation and change the global energy landscape.

Hydrostor proudly embraces the principles of equal opportunity and inclusion. We are committed to providing opportunities for all employees and candidates. We ensure that all qualified applicants are considered for employment without regard to race, creed, colour, religion, gender, gender identity, gender expression, age, sexual orientation, national origin, marital status, parental, pregnancy, citizenship status, veteran status, disability, or any other protected status protected by applicable law.

Hydrostor is committed to making our application and interview process accessible to everyone, and we encourage applications from people with disabilities. If you require reasonable accommodation at any stage, please contact us at careers@hydrostor.ca. In your application, we welcome you to specify your preferred pronouns (e.g., she/her/hers, he/him/his, they/them/theirs, etc.).

Seniority level
  • Seniority levelAssociate
Employment type
  • Employment typeFull-time
Job function
  • Job functionFinance, Consulting, and Project Management
  • IndustriesRenewable Energy Power Generation and Energy Technology

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