Cost Controller in London

This role will see you take ownership of project costs and commercial controls throughout the full project lifecycle. You will work closely with Project Managers to deliver accurate weekly and monthly performance reporting, supporting the safe, timely and cost‑effective delivery of operations. Acting as a vital link between Project Accounting, Operations and Supply Chain, you will help drive strong financial performance across our Energy Services and Renewables business, part of the James Fisher Energy Division.

Location and engagement: Full-time, Permanent. Oldmeldrum, Hybrid.

You will play an important part in coaching and developing junior colleagues while building strong, collaborative relationships across operations, procurement and commercial teams. You will typically manage between four and ten contracts at any given time, depending on size, making this a dynamic and influential position within a high-performing environment.

• Cost monitoring, control and reporting of all project‑specific costs using Product Line Finance and Procurement systems and internal White Book Rates (WBR), including preparation and population of project forecasting and cost tracker models.
• Work with the Project Manager to define a Control Budget for all new projects, highlighting, justifying and approving any variance from the As‑Sold model, and feeding Lessons Learned back to the Tendering team.
• Prepare periodic Project Status Reports with detailed analysis of costs, contingency, risks, opportunities and progress, reviewing with Project Managers and validating forecast revenues with the Project Accountant.
• Liaise with key stakeholders to prepare, forecast, monitor and report project costs against budget, in line with Project Manager expectations and Contract requirements, escalating any commercial concerns or budget exceedances as soon as they arise.
• Work closely with the Project Manager/Planner on schedule updates, management of change, progress reporting, Work Breakdown Structure and value‑of‑work‑done matters, revising Control Budgets and forecast revenues in line with approved Variation Orders.
• Review and track the cost and revenue implications of the project VO Register, including all pending approvals, and contribute to maintaining the project Risk & Opportunity Registers.
• Liaise with Supply Chain on requisitioning, manifesting, hire control and goods receipting, ensuring strong alignment between operational and commercial requirements.
• Support Finance with timely, accurate invoicing in line with contract timelines, and assist with the preparation of Project Estimates/CTRs for budgetary purposes.
• Work with Commercial to support tender bids, white book rates and benchmark projects, and provide support in monitoring, tracking and reporting all cost‑of‑non‑quality events and lessons learned.
• Support the timely closure of projects, ensuring reconciliation of all POs and issuance of the final Project Status Report confirming gross margin outcome and cash collection for Project Manager review and approval.

• Relevant experience within a project environment involving cost engineering related duties and responsibilities.
• Practical understanding of offshore work and project activities is preferred (i.e. Subsea operations, OFTO Management or vessel operations).
• Good interpersonal, organisational and multi-tasking skills.
• Proficient with Microsoft Office, particularly Excel.
• SAP experience/SAP equivalent.

• Competitive salary and benefits package aligned with experience (Private Medical Insurance, Life Assurance, Cycle to work scheme, Company Pension, etc.).
• Clear pathways for career development and organisational visibility.
• Inclusive and supportive culture that values individual contributions.
• Meaningful work with impact across safety, innovation, and global operations.

James Fisher is a global engineering services company with over 50 years of experience delivering complex offshore energy projects in some of the world’s most challenging environments. We operate across Energy, Defence, and Maritime Transport, leveraging cutting-edge technology and deep expertise to support the full lifecycle of our customers’ assets.

In the Energy Division, we provide safe, efficient solutions across oil & gas and renewables - from well support and full-field decommissioning to integrated services for offshore wind and expert subsea inspection, repair, and maintenance. Our work helps operators extend asset life, reduce downtime, and respond rapidly to operational challenges, driving the global shift toward a cleaner, more sustainable future.

If this sounds like the ideal next step in your career, then click ‘apply’ now!

Note: Due to the volume of applications, we sometimes close vacancies before the deadline, so please apply early to avoid disappointment. James Fisher and Sons are committed to taking positive action on diversity and strongly encourage applications from all backgrounds. We are proud to be a Disability Confident employer.