At a Glance
- Tasks: Monitor and control project costs while collaborating with Project Managers.
- Company: Join a dynamic Project Management Office focused on financial health.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Fast-paced environment with opportunities for growth and continuous improvement.
- Why this job: Make a real impact by ensuring projects stay on budget and thrive.
- Qualifications: 3+ years experience in cost control and proficiency in Microsoft Office and SAP.
The predicted salary is between 40000 - 50000 £ per year.
The Cost Controller operates within a Project Management Office (PMO), playing a central role in ensuring the financial health and discipline of projects. Working closely with Project Managers, they provide structured support in monitoring, analysing, forecasting, and controlling costs across one or more projects.
Key Responsibilities
- Responsible to PMO Manager/Project Manager(s)
- Assume ownership from handover and manage project forecast(s) against approved budgets
- Track project performance for P&L and margin slip/gain
- Provide the conduit between the Project Delivery Team and the Finance Department supporting the month end process
- Track all costs and verify invoices against raised Purchase Orders (PO) liaising closely with the Procurement Team and Accounts Payable
- Track labour man hours and travel & accommodation costs against the project
- Ensure all costs are authorised and coded correctly
- Present unplanned expenditure for approval by budget holder(s)
- Provide reports and present key information to key stakeholders as required
- Support continuous improvement objectives with efficiencies and synergies
Experience Required
- Minimum 3+ years relevant experience
Role Requirements
- Competent in Microsoft Office, predominantly MS Word, MS Excel and Outlook
- Experience in SAP financial accounting software
- Experience in SAGE
- Desirable qualification in Cost Engineering (CCT or CCP)
- Strong work ethic in a fast-paced environment
- Excellent organisational skills to balance and prioritise forecasted pipeline of works
- Strong communication, literacy and numeracy levels
COST CONTROLLER employer: correllservices
As a Cost Controller within our dynamic Project Management Office, you will thrive in a collaborative environment that prioritises financial integrity and project success. We offer competitive benefits, a strong focus on employee development, and a culture that encourages innovation and continuous improvement, all set in a vibrant location that fosters both professional and personal growth.
StudySmarter Expert Advice🤫
We think this is how you could land COST CONTROLLER
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in project management or finance. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by practising common questions related to cost control and project management. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience effectively.
✨Tip Number 3
Showcase your skills with a portfolio! If you’ve worked on projects before, gather reports or presentations that highlight your contributions. This will give potential employers a clear view of what you can bring to the table.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace COST CONTROLLER
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in cost control and project management. We want to see how your skills align with the role, so don’t be shy about showcasing relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the Cost Controller role and how your background makes you the perfect fit. Keep it concise but impactful!
Showcase Your Skills:We’re looking for someone who’s competent in Microsoft Office and has experience with SAP. Make sure to mention these skills explicitly in your application, as they’re key to the role!
Apply Through Our Website:To make sure your application gets the attention it deserves, apply directly through our website. It’s the best way for us to keep track of your application and get back to you quickly!
How to prepare for a job interview at correllservices
✨Know Your Numbers
As a Cost Controller, you'll be expected to handle financial data with ease. Brush up on your knowledge of project budgets, P&L statements, and cost tracking methods. Be ready to discuss how you've managed costs in previous roles and any tools you've used, like SAP or Excel.
✨Showcase Your Communication Skills
You'll need to liaise with various teams, so demonstrate your ability to communicate effectively. Prepare examples of how you've presented financial information to stakeholders or collaborated with project managers. This will show that you can bridge the gap between finance and project delivery.
✨Prepare for Scenario Questions
Expect questions that put you in hypothetical situations related to cost overruns or budget adjustments. Think about how you would approach these scenarios and be ready to explain your thought process. This will highlight your problem-solving skills and ability to think on your feet.
✨Highlight Continuous Improvement Initiatives
Companies love candidates who can contribute to efficiency. Be prepared to discuss any past experiences where you've identified cost-saving opportunities or improved processes. This shows that you're not just about tracking costs but also about adding value to the organisation.
