Project Cost Controller in Newcastle upon Tyne

Project Cost Controller in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 45000 - 55000 € / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial control for large-scale construction projects and ensure budget alignment.
  • Company: Join Metlen, a leader in innovative construction project management.
  • Benefits: Enjoy competitive pay, health insurance, and a pension plan.
  • Other info: Dynamic work environment with opportunities for personal growth and collaboration.
  • Why this job: Make a real impact on project success while developing your financial expertise.
  • Qualifications: 5-7 years in cost control or finance, ideally in construction.

The predicted salary is between 45000 - 55000 € per year.

As a Senior Project Cost Controller at Metlen you will be a key member of the project team, supporting the financial control and performance of large‑scale construction projects. This position will be based in Newcastle, Tyne and Wear, United Kingdom.

Responsibilities

  • Lead the development, monitoring, and control of project budgets, ensuring alignment with approved financial targets.
  • Track and analyze project costs against budget, identifying variances and providing timely insights to support decision‑making.
  • Prepare and deliver detailed cost reports, forecasts, and cash flow analyses to Project Management and senior stakeholders.
  • Manage Work in Progress (WIP) reporting and ensure accurate application of revenue recognition principles (percentage‑of‑completion).
  • Support project teams in budget planning, cost estimation, and financial forecasting activities.
  • Identify financial risks related to cost overruns, delays, or deviations and propose mitigation actions.
  • Ensure alignment between project schedules and financial planning to support overall project performance.
  • Collaborate closely with Finance, Procurement, and Project Management teams to ensure cost efficiency and financial transparency.
  • Support accounts payable and receivable processes, ensuring proper cost allocation and timely financial flows.
  • Ensure compliance with internal policies, accounting standards, and audit requirements.
  • Contribute to the continuous improvement of cost control processes, tools, and reporting frameworks.

Qualifications

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related discipline.
  • 5‑7 years of professional experience in cost control, finance, or accounting, ideally within construction or large‑scale project environments.
  • Strong knowledge of construction cost control, job costing, and financial reporting practices.
  • Hands‑on experience with revenue recognition principles (percentage‑of‑completion) and WIP reporting.
  • Proficiency in ERP systems (e.g., SAP or equivalent) and advanced use of Microsoft Excel.
  • Professional certifications such as ACCA, CPA, CMA or equivalent are considered an asset.
  • Strong analytical and problem‑solving skills with high attention to detail.
  • Excellent communication skills with the ability to present financial information to non‑financial stakeholders.
  • Ability to work in a dynamic, fast‑paced project environment and manage multiple priorities.
  • Ability to travel.

Values

  • People & Personal growth
  • Results orientation & Safety excellence
  • Collaboration & Trust
  • Empathy & Effective communication
  • Flexibility & Adaptability

Benefits

  • Competitive remuneration package
  • Group Health Insurance Plan
  • Pension Plan

Project Cost Controller in Newcastle upon Tyne employer: Metlen Energy & Metals

At Metlen, we pride ourselves on being an exceptional employer, offering a dynamic work environment in Newcastle that fosters personal growth and collaboration. As a Senior Project Cost Controller, you will benefit from a competitive remuneration package, comprehensive health insurance, and a pension plan, all while working alongside a dedicated team committed to safety and excellence. Our culture encourages continuous improvement and empowers employees to contribute meaningfully to large-scale construction projects, making it a rewarding place to advance your career.

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Contact Detail:

Metlen Energy & Metals Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Project Cost Controller in Newcastle upon Tyne

Tip Number 1

Network like a pro! Reach out to people in the construction and finance sectors, especially those who work at Metlen or similar companies. Attend industry events or join online forums to make connections that could lead to job opportunities.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of project cost control and financial reporting. Be ready to discuss your experience with WIP reporting and revenue recognition principles, as these are key for the role. Practice answering common interview questions to boost your confidence.

Tip Number 3

Showcase your analytical skills! Bring examples of how you've tracked and analysed project costs in the past. Use specific metrics or reports you've created to demonstrate your ability to provide insights that support decision-making.

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 you're genuinely interested in joining our team at Metlen. Good luck!

We think you need these skills to ace Project Cost Controller in Newcastle upon Tyne

Project Budget Development
Cost Tracking and Analysis
Cost Reporting
Cash Flow Analysis
Work in Progress (WIP) Reporting
Revenue Recognition Principles
Budget Planning

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Project Cost Controller role. Highlight your experience in cost control and financial reporting, especially in construction projects. 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 the perfect fit for our team at Metlen. Share specific examples of how you've managed budgets and tackled financial challenges in past roles.

Showcase Your Analytical Skills:Since this role requires strong analytical abilities, make sure to mention any relevant tools or software you've used, like ERP systems or advanced Excel functions. We love seeing how you can turn data into insights!

Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at Metlen Energy & Metals

Know Your Numbers

As a Project Cost Controller, you'll need to demonstrate your financial acumen. Brush up on key metrics related to project budgets and cost control. Be ready to discuss how you've managed budgets in the past and any specific tools or software you've used, like ERP systems or advanced Excel functions.

Showcase Your Analytical Skills

Prepare to highlight your analytical abilities during the interview. Think of examples where you've identified variances in project costs and how you provided insights for decision-making. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.

Communicate Clearly

You'll be presenting financial information to non-financial stakeholders, so practice explaining complex concepts in simple terms. Consider doing mock interviews with friends or family to refine your communication style and ensure you're conveying your points clearly.

Emphasise Collaboration

Collaboration is key in this role, so be prepared to discuss how you've worked with different teams, such as Finance and Procurement. Share specific examples of how you contributed to team success and maintained transparency in financial reporting. This will show that you value teamwork and can adapt to various working styles.