Cost Manager
4 days ago
Martinus Rail seeks an experienced Financial Analyst to join its team as a Project Cost Controller. This role will lead and manage project cost reporting for one of Martinus Rail's projects, requiring strong analytical skills, attention to detail, and collaboration with the operations team.
Key Responsibilities- Develop and maintain project budgets in coordination with project managers and finance teams, monitoring budget variances and implementing corrective actions as necessary.
- Evaluate change requests and update budgets accordingly, working closely with project managers.
- Track and analyse project costs, including expenditures, budgets, and forecasts, ensuring alignment with project objectives and financial targets.
- Prepare accurate and timely financial forecasts, highlighting potential risks and opportunities.
- Review contracts and agreements to ensure adherence to financial terms and conditions.
- Develop risk mitigation strategies in collaboration with project teams.
- Ensure compliance with internal policies, procedures, and regulatory requirements related to project cost management.
- Identify opportunities to enhance cost control processes and tools.
- Liaise with project stakeholders, including project managers, finance teams, contractors, and clients, providing regular updates on project financial performance and addressing any cost-related queries or concerns.
- Bachelor's degree in finance, accounting, business administration, or a related field. Advanced degree or professional certification (e.g., CPA, CMA) preferred.
- Proven experience in cost control or financial management, preferably within the construction, engineering, or infrastructure sector.
- Familiarity with project management principles and methodologies.
- Proficiency in financial modeling, budgeting software, and enterprise resource planning (ERP) systems.
- Strong computer skills, including proficiency in Microsoft Excel and other relevant financial software applications.
- Strong understanding of financial principles, budgeting techniques, and cost management practices.
- Ability to analyse complex financial data, identify trends, and draw meaningful insights to support decision-making.
- Prior experience working on large-scale infrastructure projects is desirable.
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