Cost Controller
1 month ago
**Job Summary**
We are seeking a highly skilled Cost Controller - Project Financial Expert to join our team at DRD Group.
In this role, you will be responsible for supporting the management of project costs and progress reporting to ensure accurate and timely information is provided to the project management team.
You will also coordinate cost aspects within the broader project controls team, ensuring alignment and collaboration with other functions, particularly Planning.
Key responsibilities include:
- Defining and applying the project Work Breakdown Structure to ensure all systems, processes, and reporting reflect the standard approach on the projects.
- Supporting contracting and procurement teams with project contracts, purchase orders, and project payment certificates review, setup in PIMS and SAP systems.
- Project month-end VOWD and accruals submission, allocating expenses to cost centers and WBSs.
- Forecasting cost to complete and highlighting areas of risk to mitigate cost overruns against the baseline plan and budget.
- Monthly reporting and variance analysis.
- Ensuring project change management process (PCN) is utilised diligently on projects.
- Supporting quarterly capital planning process.
- Applying earned value management (EVM) tools and techniques to interpret data and provide timely insight and recommendations on project performance.
- Evaluating Contractor's progress payment claims and reconciling with budgets and contracts.
- Monitoring and auditing cost management systems and SAP to ensure accuracy between the two systems and escalating to management any significant variances.
Requirements
- Bachelor's Degree in Engineering or Commerce/Finance.
- Prior experience in a similar role (Resources, Renewable Energy, Construction, Engineering preferred).
- Experience in establishing, managing, and reporting the cost components of large-scale, complex projects.
- Solid understanding of project control processes.
- Exposure to full project life cycles.
- Strong communication skills.
- Previous experience with PIMS and SAP advantageous.
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