Junior Cost Controller

Junior Cost Controller

Temporary 45000 - 55000 £ / year (est.) On-site
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At a Glance

  • Tasks: Support project management by controlling costs and ensuring contracts stay within budget.
  • Company: Join a leading Energy and Offshore Wind company in a dynamic team.
  • Benefits: Competitive pay, potential for contract extension, and valuable industry experience.
  • Other info: Opportunity for career growth in a supportive environment with occasional travel.
  • Why this job: Make an impact on large-scale projects while developing your skills in cost control.
  • Qualifications: Degree in cost control or related field; strong analytical and communication skills.

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

NES Fircroft are currently recruiting a Junior Cost Controller on behalf of our Energy and Offshore Wind client, based in the Middlesbrough office. This is an initial 6 month inside IR35 contract - with potential for extension. 37.5hrs per week, Mon-Fri. Occasional travel may be required within the Teesside area and to the site in Inverness.

Role overview: The Junior Cost Controller will support Project/Package Management with the management and control of contract costs, ensuring contracts stay within budget and meet quality standards by estimating costs to completion, supporting contract/commercial management, and overseeing financial reporting, for various professional services and/or supply contracts. The Junior Cost Controller shall comply with Client's confidentiality and information security policies at all times and be aware of health and safety in your area of responsibility in line with the relevant section(s) of the relevant Health and Safety Policy and regulations.

Key Responsibilities and areas of Development include:

  • Cost Estimation and Control/Management: Estimating quantities and costs of materials, labour, and time. Developing cost plans and budgets. Monitoring costs and identifying potential cost overruns, including the tracking of variations/changes to the contract that may affect costs. Advising on cost-cutting measures and value engineering. Analyzing repair/maintenance or re-work costs. Understand the implications of health and safety regulations.
  • Contract Management/Commercial support: Overseeing and valuing subcontractors' work for payments and support on payment/invoice management. Support on managing risk and ensuring compliance with regulations and quality standards. Assessing the quality of work and identifying potential issues. Support on ensuring the subcontractors/suppliers have the necessary skills and experience for their works. Support on change management, contractual notices, claims and document control.
  • Reporting and Analysis: Preparing cost and progress reports. Analysing project outcomes and providing budget/progress reports. Identifying and reporting variations and changes to the contract in a timely manner.

Skills and Qualifications:

  • A relevant degree or qualification in cost control or a related field.
  • Strong analytical and problem-solving skills.
  • Data analysis.
  • Meticulous/Strong attention to detail, ensuring accuracy within reporting.
  • Excellent written and verbal communication and interpersonal skills.
  • Knowledge of construction methods and materials.
  • Understanding of construction contracts and legal matters.
  • Capacity to prioritise work and interface with relevant stakeholders for the collection of information.
  • Influencing skills, intercultural skills, capable of working in a team or individually.
  • Proficiency with Microsoft Office.

Experience of the Junior Cost Controller: Demonstratable infrastructure, engineering and / or construction experience. Some understanding of day-to-day commercial administration in the Engineering and Construction industries. Experience in supporting large-scale projects and change initiatives using appropriate methodologies. Some experience of Professional Services/Supply contracts would be beneficial.

Junior Cost Controller employer: NES Fircroft Engineering Services Limited

At NES Fircroft, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to thrive. As part of the Northern Endurance Partnership, you will not only contribute to a groundbreaking Carbon Capture project but also benefit from extensive professional development opportunities and a supportive environment in Teesside, a region known for its commitment to sustainability and growth.

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Contact Details:

NES Fircroft Engineering Services Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Junior Cost Controller

✨Get Involved in Financial Networks

Join local financial associations or forums where you can connect with professionals in financial-controlling. Networking events often lead to temporary positions, as companies look for quick hires when they need extra hands.

✨Showcase Your Skills on Temporary Job Boards

Focus on platforms that specifically cater to temporary roles in finance. Sites like Reed or Totaljobs often list short-term gigs that are perfect for getting your foot in the door, and you can apply directly through our website for roles at NES Fircroft Engineering Services Limited.

✨Leverage Your Uni's Career Services

If you're still in university, tap into your career services for internship or temporary job placements. They often have insider info on companies like NES Fircroft Engineering Services Limited looking for temporary financial support, and they might help you polish your pitch.

✨Flexible Availability is Key

For temporary positions in financial-controlling, your availability can make a huge difference. Highlight your willingness to start immediately or work irregular hours when speaking to employers. This flexibility can land you that sought-after role!

We think you need these skills to ace Junior Cost Controller

Cost Estimation
Cost Control
Budget Management
Financial Reporting
Analytical Skills
Problem-Solving Skills
Attention to Detail

Some tips for your application 🫡

Show Off Your Academic Aces:In the financial controlling game, grades and relevant certifications can make a significant difference. Be sure to highlight your academic achievements, like finance-related coursework and any professional certifications you’ve got on your CV that show you’re clued up in this area. It’s all about demonstrating that you’re not just good at numbers but also know your stuff!

Quantify Your Achievements:When applying for a temporary role in financial controlling, make sure your CV reflects any previous experience with real, measurable outcomes. Use numbers to showcase your past successes, like percentage improvements in budgeting or cost savings you’ve achieved in previous roles. This not only gives us insights into your capabilities but also tells us you're results-driven.

Personalise Your Application:We love seeing applicants who take the time to tailor their applications! In your cover letter, mention why you’re particularly interested in the temporary role with NES Fircroft Engineering Services Limited and how your specific skills and experiences align with the job. Show us that you see this role as an opportunity to contribute, even if it's for a short stint!

Flexibility is Key:Since this is a temporary position, make sure to highlight your availability in your application. We’re interested in knowing how soon you can start and if you’re open to working flexible hours. This shows us your eagerness to jump right in and adapt to the dynamic needs of our team at NES Fircroft Engineering Services Limited.

How to prepare for a job interview at NES Fircroft Engineering Services Limited

✨Get Hands-On with Financial Tools

Being in financial controlling means you’ll likely be working with various software like Excel, Power BI, or even SAP. Make sure you brush up on these tools and prepare to discuss your experience using them. Being able to reference specific projects or analyses where you employed these programs will definitely give you an edge.

✨Prepare for Technical Financial Questions

Expect scenario-based questions where you might need to analyse financial statements or suggest budgetary strategies during the interview. Practising common financial concepts like variance analysis or cost control measures will not only boost your confidence but also prove your suitability for the role.

✨Show Your Flexibility and Adaptability

As this is a temporary position, the interviewers will want to see that you can hit the ground running. Be sure to highlight any previous short-term roles or projects where you successfully adapted to new environments quickly – this will showcase your readiness to tackle challenges head-on.

✨Highlight Your Commitment to Precision

In financial controlling, attention to detail is absolutely crucial. Be ready to provide examples from your past work that demonstrate your ability to spot discrepancies and ensure accuracy in financial reporting. Your precision could be the factor that sets you apart in a temporary role like this one!