Cost Controller - Future Concept

Job Summary

We are looking for a seasoned Senior Cost Controller with over 10 years of experience in managing and overseeing project cost performance across complex and large-scale projects.

The ideal candidate will play a strategic role in ensuring budget adherence, conducting in-depth financial analysis, and supporting decision-making through accurate and timely cost reporting.

The role demands strong collaboration with planning, procurement, and engineering teams to proactively manage and mitigate financial risks.

Key Responsibilities

Oversee and manage the full cost control cycle for large-scale and multi-disciplinary projects.
Monitor project budgets, track actual expenditures against approved estimates, and ensure cost compliance.
Analyze cost variances and provide actionable insights and technical recommendations to maintain financial control.
Lead the preparation of comprehensive financial reports, cost forecasts, and dashboards using Excel and Power BI.
Utilize ERP systems (such as SAP, Oracle, or similar) to record, monitor, and control project-related costs and commitments.
Evaluate actual quantities and costs executed on-site and compare with baseline budgets and BOQs.
Collaborate with planning, procurement, and engineering teams to assess the cost impact of design changes and procurement strategies.
Review and verify contractor invoices, variation orders, and change requests against contract terms and planned quantities.
Prepare and update project cash flow forecasts to support financial planning and funding requirements.
Ensure full alignment of costs with project scope, contractual terms, and payment conditions.
Support integration between cost control and project scheduling for accurate earned value reporting and performance tracking.
Mentor junior cost engineers and provide guidance in best practices for cost management and reporting.
Qualifications & Skills
Bachelor’s degree in Engineering, Finance, Quantity Surveying, or a related field.
10+ years of proven experience in cost control/project controls, ideally in the construction, infrastructure, or engineering sectors.
Advanced proficiency in Microsoft Excel, Power BI, and enterprise ERP systems (e.g., SAP, Oracle).
Strong understanding of cost management methodologies, project lifecycle, and quantity tracking techniques.
Expertise in earned value management (EVM), cash flow forecasting, and financial performance analysis.
Excellent analytical, organizational, and leadership skills.
Ability to communicate complex financial data effectively with both technical and non-technical stakeholders.

Preferred

Professional certification such as Certified Cost Professional (CCP) from AACE or PMP.
Experience working on mega projects in sectors such as oil & gas, infrastructure, or EPC.