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- Tasks: Support project managers with finance-related tasks and ensure accurate project cost control.
- Company: Join a reputable company known for its commitment to excellence and long-term client relationships.
- Benefits: Enjoy a permanent position with opportunities for professional growth and development.
- Why this job: Be part of a dynamic team that values your insights and contributes to project success.
- Qualifications: Experience in finance and project management is essential; attention to detail is a must.
- Other info: This role offers a chance to make a real impact on project financials.
The predicted salary is between 48000 - 72000 £ per year.
We are delighted to be supporting our longstanding client as they look to add a Senior Cost Controller to their team, on a permanent basis. As a Senior Cost Controller, you will be the project manager's key support and advisor in all finance related matters on the projects assigned. Your expertise in project cost control will be crucial, as you will be a part of both the finance and project teams to internally and externally report on financials for such project workscopes.
Responsibilities will include:
- Client invoicing, vendor invoice analysis and prepare monthly accruals/reports.
- Providing precise long-term forecasts for projects and completing various budgeting tasks, including reviewing and implementing as-sold budgets.
- Project accruals, controlling project hours and costs, and revenue recognition.
- Creating detailed variance analyses to explain deviations between actual figures and forecast or budget.
- Collaborating closely with budget owners, you will regularly review commitments and critically assess their forecasts.
- Calculating and planning the Position to Date (PTD/VOWD), Estimate To Complete (ETC) and Estimate at Completion (EAC) for projects.
- Your role will also include presenting the financial status of projects during our monthly Project Management Review (PMR) meetings.
- As a financial advisor to Project Managers, you will provide valuable insights and guidance to ensure the financial success of our projects.
If you have a keen eye for detail and a passion for project-driven financial management within a project workscope based environment, please don't hesitate to get in touch. Apply now!
Senior Cost Controller employer: Eden Scott
Contact Detail:
Eden Scott Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Cost Controller
✨Tip Number 1
Familiarise yourself with the specific financial software and tools commonly used in cost control. Being able to demonstrate your proficiency in these systems during interviews can set you apart from other candidates.
✨Tip Number 2
Network with professionals in the project management and finance sectors. Attend industry events or join relevant online forums to connect with potential colleagues or mentors who can provide insights into the role and company culture.
✨Tip Number 3
Prepare to discuss real-life examples of how you've successfully managed project costs in the past. Highlighting specific challenges you've faced and how you overcame them will showcase your expertise and problem-solving skills.
✨Tip Number 4
Research the company’s recent projects and financial performance. Being knowledgeable about their work will not only help you tailor your responses but also demonstrate your genuine interest in the position and the organisation.
We think you need these skills to ace Senior Cost Controller
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a Senior Cost Controller. Familiarise yourself with project cost control, financial reporting, and budgeting tasks as outlined in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience in finance and project management. Emphasise your skills in client invoicing, vendor analysis, and financial forecasting, ensuring they align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for project-driven financial management. Use specific examples from your past experiences to demonstrate how you can add value to the team and support project managers effectively.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Eden Scott
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Senior Cost Controller. Familiarise yourself with project cost control, budgeting tasks, and financial reporting. This will help you answer questions confidently and demonstrate your expertise.
✨Prepare for Technical Questions
Expect to be asked about specific financial concepts such as variance analysis, accruals, and forecasting methods. Brush up on these topics and be ready to discuss how you've applied them in previous roles.
✨Showcase Your Collaboration Skills
As this role involves working closely with project managers and budget owners, be prepared to share examples of how you've successfully collaborated with others in the past. Highlight your communication skills and ability to provide valuable insights.
✨Ask Insightful Questions
At the end of the interview, ask questions that show your interest in the company and the role. Inquire about their current projects, challenges they face in cost control, or how they measure success in this position. This demonstrates your enthusiasm and engagement.
