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- Tasks: Manage project budgets, forecast costs, and ensure financial accuracy.
- Company: Join a leading firm in infrastructure projects with a focus on teamwork.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Be at the forefront of financial management in exciting large-scale projects.
- Qualifications: Degree in finance or engineering with financial training; experience in cost control required.
- Other info: Opportunity to lead small teams and work with advanced ERP systems.
The predicted salary is between 36000 - 60000 £ per year.
Responsibilities
- Maintains project cost to complete budgets in alignment with as sold position and in coordination with budget holders.
- Supports forecast estimation and verifies the accuracy of the actual to date cost (material, labor, manufactured costs, suppliers' invoices, timesheets, travel expenses).
- Aligns with project team and time schedule to ensure forecasted cost risks are accurately captured and costs time phased.
- Checks and controls cost movements, compares with current scope and progress as well as with previous forecast. Also compares with productivity factors and validates accuracy of estimates.
- Communicates cost status/forecasts/risk to budget holders and drives/supports risk mitigation and cost out.
- Presents all financial data in a transparent way, attends project and management review to present cost status, budget deviations and root causes.
- Aligns with Finance Controller to ensure reconciliation takes place between approved project financial data and books.
- Aligns with planner to ensure costs and schedule are aligned, providing time phased cost forecasts for sales pacing. Reports on cost movement root causes impacting sales targets.
Educational Requirements
- Degree qualified either in finance or may have engineering degree (with financial training).
Desired Knowledge & Experience
- Extensive experience of cost controlling of turnkey projects.
- Demonstrable experience of leading on large & complex infrastructure projects.
- Project finance deep understanding with expert knowledge of ERP systems (SAP preferred).
- Experience managing small teams within a large project.
- Risk management processes and tools understanding.
- Project planning experience/good P6 planning software understanding an advantage.
COST CONTROLLER in Stafford employer: Intuition IT Solutions Ltd
Contact Detail:
Intuition IT Solutions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land COST CONTROLLER in Stafford
✨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 project finance knowledge and ERP systems, especially SAP. Be ready to discuss your experience with cost controlling and how you've tackled challenges in past projects. We want to see that you can communicate complex financial data clearly!
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, highlight specific projects where you managed costs effectively or mitigated risks. This will help us see your expertise in action and how you align with our needs.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team and contributing to our projects.
We think you need these skills to ace COST CONTROLLER in Stafford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Controller role. Highlight your experience with cost controlling, project finance, and any relevant ERP systems like SAP. We want to see how your background aligns with our needs!
Showcase Your Skills: In your cover letter, don’t just list your skills—show us how you've used them in real projects. Talk about your experience with budget management, risk mitigation, and presenting financial data. We love seeing practical examples!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points for key achievements and avoid jargon unless it's relevant. We appreciate straightforward communication that gets right to the heart of your experience.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It helps us keep track of applications and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Intuition IT Solutions Ltd
✨Know Your Numbers
As a Cost Controller, you'll need to be on top of financial data. Brush up on your understanding of project cost structures, including material, labour, and overheads. Be ready to discuss how you've managed budgets in the past and any tools you've used, like ERP systems or SAP.
✨Showcase Your Project Experience
Make sure to highlight your experience with large and complex infrastructure projects. Prepare specific examples where you successfully controlled costs and mitigated risks. This will demonstrate your ability to handle the responsibilities outlined in the job description.
✨Communicate Clearly
Effective communication is key in this role. Practice explaining financial concepts in simple terms, as you'll need to present cost statuses and forecasts to budget holders. Think about how you can convey complex information transparently and confidently.
✨Align with the Team
Collaboration is crucial for a Cost Controller. Be prepared to discuss how you've worked with project teams and finance controllers in the past. Highlight your experience in aligning costs with schedules and how you’ve contributed to team success through effective planning and forecasting.