Cost Controller

4 days ago

Canberra, ACT, Australia Rec-Partners Full time

Rec-Partners Canberra, Australian Capital Territory, Australia

Cost Controller

1 week ago Be among the first 25 applicants

Direct message the job poster from Rec-Partners

The Company

Our client is a global leader in construction and part of a globally renowned Construction Group. With a diverse portfolio spanning various sectors, they boast a history of delivering complex and impactful projects worldwide. Their commitment to innovation and sustainability is reflected in their ongoing involvement in Australia, where they are delivering a major utilities infrastructure upgrade as part of a long-term, high-value project within a JV framework. This initiative, valued at hundreds of millions, underscores their expertise in complex, multi-year programs aimed at enhancing critical infrastructure.

The Role

Reporting to the Finance Manager, the Cost Controller will oversee budget management, cost tracking, and financial reporting to ensure the project stays within budget. This role is also responsible for validating procurement costs, monitoring project expenditures, analysing variances, and forecasting financial trends.

Responsibilities
  • Budget Management: Develop and implement budget processes, ensuring alignment with project deliverables. Work closely with budget holders to prepare and update budgets.
  • Earned Value Management (EVM): Establish and maintain EVM processes, conducting monthly updates to track project performance.
  • Cost Control & Procurement: Validate contracts, purchase orders, and invoices against budget allocations, ensuring accurate cost coding and tracking of commitments.
  • Cost Monitoring & Accruals: Oversee cost-to-date reports, control financial ledgers, and estimate accruals for contracts, labor, materials, and equipment.
  • Variance Analysis: Identify and analyze cost variances, conduct root cause analysis, and collaborate with stakeholders to address discrepancies.
  • Forecasting & Reporting: Maintain financial trends, update rolling forecasts, and provide analytical insights through KPI dashboards and cost control ratios (SPI, CPI, TCPI). Support senior management and JV partners with financial reporting and insights.
Requirements
  • Bachelor's degree in finance, Accounting, or a related field. Engineer background is a plus.
  • 5+ years of experience in cost control or project control within the construction, engineering, or infrastructure sector.
  • Strong proficiency in ERP systems, and project cost software.
  • Experience in large-scale construction projects, preferably in a JV structure.
  • Strong analytical, problem-solving, and communication skills. Ability to work collaboratively across functions and adapt in a fast-paced environment.

If you're ready to take the next step in your career, apply now or contact ilan@rec-partners.com.au for more details.

Seniority Level

Not Applicable

Employment Type

Full-time

Job Function

Project Management, Finance, and Engineering

Industries

Construction and Civil Engineering

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