Cost Controller

Cost Controller

Renfrew Full-Time 28800 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as a Cost Controller, managing project finances and driving cost improvements.
  • Company: JFD Global is a leading provider of underwater capabilities for commercial and defence markets.
  • Benefits: Enjoy hybrid working options and be part of a diverse, innovative team.
  • Why this job: Work on exciting projects that make a real impact in the underwater technology sector.
  • Qualifications: Experience in cost control or project finance, with strong Excel and analytical skills required.
  • Other info: We value diversity and encourage applications from all backgrounds.

The predicted salary is between 28800 - 42000 £ per year.

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Inchinnan (Glasgow) or Westhill (Aberdeen) with hybrid working

About the Company

JFD Global is the world leading underwater capability provider, serving the commercial and defence markets with innovative diving, submarine and hyperbaric rescue, technical solutions and services.

The Role

We are seeking a Cost Controller to work alongside project managers on innovative and large-scale projects across various product lines, including commercial and defence diving.

The purpose of this role is to ensure there is accurate and timely reporting of the financial performance of long-term projects and services. This includes robust challenge of costs to drive continuous cost improvement. You will be responsible for implementing Cost Management best practices and applying this consistently across all projects, to proactively identify cost variances and risk areas and mitigations to project managers, and to assist in the delivery of project & customer requirements in a cost-effective manner.

This is an exciting opportunity to work closely with project managers to ensure they understand the financial performance of their respective projects and assist in communicating this to the wider business as required.

Principle Accountabilities

  • Prepare detailed project cost baseline, project revenue budget and regular EAC reforecasts in collaboration with the Project Team and present the information to stakeholders as required.
  • Perform Value of Work Done (VOWD) assessments through project life, compare to planned progress, identify and mitigate slippage and escalate issues to management.
  • Conduct cost variance analysis and sensitivity analysis and identify opportunities, risks and mitigations where available to the project manager.
  • Ensure costs are correctly allocated to cost accounts/work orders, review correct coding of requisitions, purchase orders, contracts, invoices, variations, reconciling costs and investigating variances.
  • Facilitate and participate in lessons learnt sessions on project delivery and feedback to the responsible functions to ensure these are captured and acted upon to improve future project delivery.
  • Assist project planning in defining and maintaining detailed Work Breakdown Structures.
  • Other relevant duties/task as assigned by Financial Controller.

Qualifications, Skills and Experience

  • Proven track record in a similar role (e.g. Lead Project Cost Engineer, Cost Controller etc.) and industry (e.g. engineering or manufacturing)
  • Intermediate user of Microsoft Excel
  • Experience of ERP systems (e.g. Glovia, SAP, Oracle etc.)
  • Excellent analytical review skills
  • Ability to prioritise tasks and manage time
  • Ability to obtain SC level clearance

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

JFD – part of a Global James Fisher Group

James Fisher is a global engineering services company that has evolved from its origins as a ship owner and operator to provide expertise and innovative technology across Energy, Defence, and Maritime Transport. We help our customers deliver on their promises safely, efficiently, and responsibly. With a strong heritage built on our people and innovation, we are embedding sustainability across our business.

Our strategy, centered around the One James Fisher ambition, aims to build a cohesive engineering service company in the Blue Economy.

  • Our Energy Division offers safe, sustainable products and services for oil, gas, and renewables.
  • The Defence Division provides underwater systems and life support for defence and commercial diving markets.
  • Maritime Transport leads in global maritime shipping and ship-to-ship transfer services.

Together, we are building a brighter, bolder, and more innovative future.

You can find out more about James Fisher & Sons group companies and valued behaviours by watching a short film here: We are One James Fisher – YouTube

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. For more information Click here

Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance

  • Industries

    Defense and Space Manufacturing

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Cost Controller employer: JFD Global

JFD Global is an exceptional employer, offering a dynamic work environment in Inchinnan or Westhill with the flexibility of hybrid working. Employees benefit from a strong focus on professional development, collaboration with innovative project teams, and the opportunity to contribute to cutting-edge underwater solutions in both commercial and defence sectors. With a commitment to diversity and sustainability, JFD Global fosters a culture that values every individual's contribution, making it a rewarding place to build a meaningful career.
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Contact Detail:

JFD Global Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Controller

✨Tip Number 1

Familiarise yourself with the specific ERP systems mentioned in the job description, such as SAP or Oracle. Having a solid understanding of these systems will not only boost your confidence but also demonstrate your readiness to hit the ground running.

✨Tip Number 2

Brush up on your analytical skills, particularly in cost variance and sensitivity analysis. Being able to discuss real-world examples of how you've successfully identified cost-saving opportunities in past roles can set you apart during interviews.

✨Tip Number 3

Network with professionals in the engineering and manufacturing sectors, especially those who have experience in cost control. Engaging with industry peers can provide valuable insights and potentially lead to referrals that enhance your application.

✨Tip Number 4

Prepare to discuss your experience with project management teams. Highlighting your ability to collaborate effectively with project managers will show that you understand the importance of financial performance in project delivery.

We think you need these skills to ace Cost Controller

Cost Management
Financial Reporting
Project Cost Baseline Preparation
Value of Work Done (VOWD) Assessments
Cost Variance Analysis
Sensitivity Analysis
ERP Systems Proficiency (e.g. Glovia, SAP, Oracle)
Microsoft Excel (Intermediate Level)
Analytical Review Skills
Time Management
Work Breakdown Structure (WBS) Maintenance
Communication Skills
Problem-Solving Skills
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in cost control and project management. Use specific examples from previous roles that demonstrate your ability to manage costs effectively and improve financial performance.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at JFD Global. Mention how your skills align with their needs, particularly in areas like cost variance analysis and project budgeting. Be sure to convey your understanding of the company's mission and values.

Highlight Relevant Skills: Emphasise your proficiency in Microsoft Excel and any experience with ERP systems like SAP or Oracle. These are crucial for the Cost Controller role, so make them stand out in your application.

Showcase Analytical Abilities: Provide examples of how you've used analytical skills to identify cost-saving opportunities or mitigate risks in past projects. This will demonstrate your capability to contribute to continuous cost improvement at JFD Global.

How to prepare for a job interview at JFD Global

✨Know Your Numbers

As a Cost Controller, you'll need to demonstrate your proficiency with financial data. Brush up on key metrics and be prepared to discuss how you've managed budgets and forecasts in previous roles.

✨Familiarise Yourself with ERP Systems

Since experience with ERP systems like SAP or Oracle is crucial, make sure you can talk about your familiarity with these tools. If possible, mention specific projects where you used them to manage costs effectively.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills. Prepare examples of how you've identified cost variances or mitigated risks in past projects, showcasing your analytical abilities.

✨Showcase Your Teamwork Skills

Collaboration with project managers is key in this role. Be ready to discuss how you've worked with cross-functional teams to improve financial performance and ensure project success.

Cost Controller
JFD Global
Location: Renfrew
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