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- Tasks: Support project managers with finance-related tasks and ensure project financial success.
- 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, making a real impact on project finances and outcomes.
- Qualifications: Experience in project cost control and strong analytical skills are essential.
- Other info: A keen eye for detail and passion for finance in projects is highly valued.
The predicted salary is between 43200 - 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.
- 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 project cost control. Being well-versed in these systems can give you a significant edge during interviews, as it shows your readiness to hit the ground running.
✨Tip Number 2
Network with professionals in the industry, especially those who are currently working as Senior Cost Controllers or in similar roles. Engaging in conversations can provide you with insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss real-life scenarios where you've successfully managed project costs or improved financial processes. Having concrete examples ready will demonstrate your expertise and problem-solving skills to potential employers.
✨Tip Number 4
Stay updated on industry trends and best practices in project financial management. Showing that you are knowledgeable about current developments can set you apart from other candidates and highlight your commitment to continuous learning.
We think you need these skills to ace Senior Cost Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cost control and project management. Use specific examples that demonstrate your expertise in financial analysis, budgeting, and forecasting.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities mentioned in the job description. Explain how your skills and experiences align with the role of Senior Cost Controller and why you are passionate about project-driven financial management.
Highlight Relevant Skills: In your application, emphasise skills such as variance analysis, client invoicing, and collaboration with budget owners. Mention any software or tools you are proficient in that are relevant to cost control and financial reporting.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Senior Cost Controller.
How to prepare for a job interview at Eden Scott
✨Showcase Your Financial Expertise
As a Senior Cost Controller, your financial acumen is key. Be prepared to discuss your experience with project cost control, budgeting, and forecasting. Highlight specific examples where your insights led to improved financial outcomes.
✨Demonstrate Collaboration Skills
This role requires close collaboration with project managers and budget owners. Share instances where you successfully worked with cross-functional teams to achieve financial goals. Emphasise your ability to communicate complex financial information clearly.
✨Prepare for Technical Questions
Expect questions on financial metrics like Position to Date (PTD), Estimate To Complete (ETC), and Estimate at Completion (EAC). Brush up on these concepts and be ready to explain how you've applied them in past projects.
✨Be Ready to Discuss Variance Analysis
Variance analysis is crucial in this role. Prepare to discuss how you've conducted variance analyses in the past, including the methods you used and the impact of your findings on project decisions.
