Cost Control Specialist

19 hours ago

Melbourne, Victoria, Australia beBeeCostControl Full time $138,631 - $185,518

Cost Control Specialist

We are seeking a meticulous and results-driven professional to join our project team as a Cost Control Specialist. In this role, you will be responsible for managing scope costs and forecasting, ensuring that projects are delivered on time and within budget.

  • 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.
  • Assist in the development of financial forecasts by providing accurate and timely information on project costs and expenditures.
  • 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.
  • Generate regular cost reports for project managers and scope managers, highlighting key financial metrics and trends.
  • Perform workflow process analysis, development, optimization, and system implementation and improvement.
  • Ensure project costs adhere to established financial policies, procedures, and industry standards, implementing corrective measures as needed.
  • Record potential cost-related risks and work with project teams to develop mitigation strategies.

The ideal candidate will bring a proactive and collaborative approach to cost control, with a strong financial acumen and the ability to analyze complex data sets to provide meaningful insights.

Requirements
  • 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 (for example 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.
Benefits

In this role, you will have the opportunity to work with a talented team of professionals who are passionate about delivering high-quality projects. You will also have access to ongoing training and development opportunities to help you grow your skills and advance your career.

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