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- Tasks: Manage and monitor project costs for two power plants during construction.
- Company: Join Astute's innovative Power team with a focus on collaboration.
- Benefits: Competitive salary of £45,000 to £50,000 and a fixed-term contract.
- Other info: Immediate start with excellent opportunities for career growth.
- Why this job: Make a real impact on major projects while developing your financial skills.
- Qualifications: Experience in cost control and strong analytical skills required.
The predicted salary is between 45000 - 50000 £ per year.
Astute's Power team are currently recruiting for a Cost Controller to join the EPC Contractor to oversee and manage the costs across 2 power plants in construction in Eye & Bedfordshire. The role is a fixed term contract for 12 months. The Cost Controller position comes with a salary from £45,000 to £50,000.
Role responsibilities and key skills for the role:
- Manage and monitor project costs, budgets, and forecasts across two live EPC projects during the final construction and commissioning phases.
- Maintain accurate cost reporting, including weekly and monthly cost reports for senior project and commercial management.
- Track actual spend vs budget, identifying cost variances and providing recommendations to maintain financial control.
- Work closely with project managers, commercial teams, and site teams to ensure cost data reflects real-time project activity.
- Support forecasting and cash flow management, updating financial projections as projects move toward completion.
- Review and validate contractor and supplier invoices, ensuring costs align with agreed contracts and project budgets.
- Monitor and control change orders and variations, ensuring financial impacts are accurately captured and reported.
- Assist with final account preparation, ensuring all project costs are reconciled ahead of project close-out.
- Maintain and update cost control systems, spreadsheets, and financial tracking tools used across the projects.
- Provide financial insights and reporting to support decision-making by project and senior leadership teams.
- Ensure cost governance and compliance with internal EPC financial procedures and controls.
- Support the commercial and finance teams during project close-out, including cost reconciliation and documentation.
Location, day rate and timeframe of the Cost Controller position: Eye & Bedfordshire Immediate start £45,000 to £50,000 salary (fixed term contract) 12 months fixed term contract.
Cost Controller in London employer: Astute Technical Recruitment Ltd
Contact Detail:
Astute Technical Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Controller in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a Cost Controller role. You never know who might have the inside scoop on an opportunity.
✨Tip Number 2
Prepare for interviews by brushing up on your cost management skills and understanding the specific challenges faced in power plant projects. We recommend practising common interview questions and having examples ready that showcase your experience with budgets and financial reporting.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you, and tailor your approach to each company’s culture and mission. It’ll make a difference!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Share any additional insights or thoughts you had post-interview to show your enthusiasm for the Cost Controller position.
We think you need these skills to ace Cost Controller in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Controller role. Highlight your experience in managing project costs and budgets, and don’t forget to mention any relevant tools or systems you’ve used. We want to see how your skills match what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Talk about your experience with cost reporting and financial control, and how you can contribute to our projects in Eye & Bedfordshire. Keep it engaging and professional!
Showcase Your Achievements: When detailing your past roles, focus on your achievements rather than just responsibilities. Did you save costs on a previous project? Did you improve reporting accuracy? We love to see quantifiable results that demonstrate your impact!
Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application goes directly to us. Plus, you’ll find all the details you need about the role and our company there!
How to prepare for a job interview at Astute Technical Recruitment Ltd
✨Know Your Numbers
As a Cost Controller, you'll need to demonstrate your understanding of project costs and budgets. Brush up on key financial metrics and be ready to discuss how you've managed costs in previous roles. Bring examples of cost reports or forecasts you've created to showcase your expertise.
✨Understand the Project Lifecycle
Familiarise yourself with the construction and commissioning phases of projects. Be prepared to talk about how you’ve tracked costs during these stages and how you’ve collaborated with project managers and site teams to ensure financial accuracy. This will show that you understand the nuances of the role.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific cost-related scenarios, such as managing cost variances or validating invoices. Think through potential challenges you might face in this role and prepare structured responses that highlight your problem-solving skills and attention to detail.
✨Showcase Your Communication Skills
Since you'll be working closely with various teams, it's crucial to demonstrate your ability to communicate effectively. Prepare to discuss how you've provided financial insights to support decision-making in the past. Highlight any experience you have in presenting complex data in an understandable way.