Cost Controller – Finance – Bilfinger

The primary purpose of a Cost Controller is to manage the provision of financial performance analysis through

effective and compliant cost attribution, financial control, and reporting. This includes overseeing areas such as

budgeting, forecasting, accruals, journals, cash flow monitoring, payments processing, and cost recovery.

Tasks and Responsibilities

(a) Cost Management:

 Develop detailed breakdown on the cost estimates for projects, including labor, materials, and

equipment.

 Track and monitor actual costs against the approved budget throughout the project lifecycle.

 Strong skills to prepare monthly cost reports, analyzing actual vs. expected costs, schedule updates,

trend analysis, project progress (S-curves), performance metrics, and productivity analysis for

assigned projects.

 Monthly high-level project dashboards and provide insightful reporting and analysis.

 Take proactive measures to reduce project costs, share analysis and calculations.

 Collaborate with project management to review and compare financial metrics for projects and the

company.

 Identify and communicate major budget variances to project teams and management.

 Investigate cost-drain areas, proposing solutions and mitigation strategies to project teams and

management.

 Maintain records and conduct training for project teams to enhance awareness of site costs,

productivity impacts, cost savings, and profitability.

 Strong knowledge to prepare quarterly/annually revenue forecasts and budgets.

 Evaluate bids from third-party subcontractors and vendors to ensure cost-effectiveness.

 Work closely with project planners and project engineers to ensure cost-efficiency in project delivery.

 Perform cost-benefit analyses on prospective projects and provide recommendations on their financial

feasibility.

(b) Project Support:

 Work alongside the project management team to align cost and contract strategies with overall

project goals.

 Ensure the integration of cost and contract plans with overall turnaround schedules, particularly in

relation to rotating equipment.

 Assist in the development and implementation of procurement strategies for specialized equipment

and services required for the Project.

(c) System and Process Management

 Implement, administer, and maintain cost control systems and procedures to track project budgets,

commitments, expenditures, and forecasts.

 Develop project Cost Breakdown Structures (CBS) and align the time phasing of budgets against

Work Breakdown Structures (WBS) to accurately track and control actual costs

 Ensure the integration of cost estimates with the Work Breakdown Structure to set project budgets

against the correct Work Packages, Planning Packages, and Control Accounts

Job Details

Preferred Candidate

Suite de l’annonce…