At a Glance
- Tasks: Take charge of project costs and ensure financial performance throughout the project lifecycle.
- Company: Join James Fisher, a leader in global engineering services with over 50 years of experience.
- Benefits: Enjoy competitive salary, private medical insurance, and clear career development pathways.
- Why this job: Make a real impact in energy services while working in a dynamic, supportive environment.
- Qualifications: Experience in cost engineering and proficiency in Microsoft Excel; SAP knowledge is a plus.
- Other info: Be part of a diverse team driving innovation and sustainability in offshore energy projects.
The predicted salary is between 36000 - 60000 £ per year.
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. 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.
What you'll be doing:
- 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.
What we're looking for:
- 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.
Why join us?
- 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.
About Us:
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! Due to the volume of applications, we receive for our vacancies, on occasion applications may close 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 for candidates from all backgrounds. We are proud to be a Disability Confident employer and recognise that our success depends on our talented and diverse workforce.
Cost Controller in Oldmeldrum employer: James Fisher and Sons
Contact Detail:
James Fisher and Sons Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Controller in Oldmeldrum
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their projects. Be ready to discuss how your experience aligns with their needs, especially in cost control and project management. Show them you’re not just another candidate!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family to get comfortable with common questions. Focus on articulating your experience in cost monitoring and reporting, as well as your ability to work collaboratively with teams.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at James Fisher. Get your application in early to stand out!
We think you need these skills to ace Cost Controller in Oldmeldrum
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Controller role. Highlight relevant experience in project environments and cost engineering duties. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Don't forget to mention your understanding of offshore work and project activities if applicable.
Showcase Your Skills: Be sure to highlight your proficiency in Microsoft Excel and any experience with SAP or equivalent systems. We love seeing candidates who can demonstrate their technical skills, especially in cost monitoring and reporting.
Apply Early!: We receive a lot of applications, so don’t wait until the last minute to apply. Head over to our website and submit your application as soon as you can to avoid disappointment. We can't wait to hear from you!
How to prepare for a job interview at James Fisher and Sons
✨Know Your Numbers
As a Cost Controller, you'll need to demonstrate your understanding of project costs and financial reporting. Brush up on key metrics and be ready to discuss how you've managed budgets in previous roles. Bring examples of cost tracking models or reports you've prepared.
✨Understand the Project Lifecycle
Familiarise yourself with the full project lifecycle, especially in the context of energy services and renewables. Be prepared to discuss how you’ve contributed to each phase, from budgeting to final reporting, and how you’ve collaborated with Project Managers and other stakeholders.
✨Showcase Your Interpersonal Skills
This role requires strong collaboration with various teams. Think of specific instances where you've built relationships across departments, coached junior colleagues, or resolved conflicts. Highlighting these experiences will show that you're not just a numbers person but also a team player.
✨Be Ready for Technical Questions
Since proficiency in tools like Excel and SAP is crucial, expect technical questions during the interview. Prepare to discuss your experience with these tools, perhaps even demonstrating your skills if asked. Knowing how to leverage technology for cost control will set you apart.