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- Tasks: Manage project budgets, track costs, and ensure financial accuracy throughout the project lifecycle.
- Company: Join a leading firm in energy, construction, and engineering with a focus on innovation.
- Benefits: Enjoy 23 days annual leave, private medical insurance, and a comprehensive perks package.
- Other info: Dynamic role with opportunities for career growth and professional development.
- Why this job: Make a real impact by ensuring projects stay on budget and financially sound.
- Qualifications: 3+ years in cost control or commercial support, strong Excel skills, and project management experience.
The predicted salary is between 40000 - 50000 ÂŁ per year.
Responsibility for project cost control from handover through to project close-out. Establish, manage, and maintain project budgets, cost plans, and forecasts, ensuring alignment with approved commercial agreements. Track actual costs against forecast and budget, identifying cost overruns, savings, and margin movements. Maintain accurate cost reports, cash flow forecasts, and monthly cost value reconciliations (CVRs). Support month-end processes, including accruals, cost recognition, and financial reporting in liaison with Finance. Present unplanned expenditure for approval by budget holder(s). Assist in the preparation and assessment of applications for payment, interim valuations, and final accounts. Support contractual cost management, ensuring costs are recoverable and compliant with contract terms. Maintain clear audit trails for commercial decisions, change orders, and approvals. Assist Project Managers with commercial risk and opportunity management throughout the project lifecycle. Track all project costs including labour, materials, subcontractors, travel, accommodation and expenses and summarise for project performance P&L. Ensure all costs are properly authorised, coded, and allocated to the correct project and cost headings. Monitor subcontractor and supplier spend against budget allowances and contractual commitments. Produce regular cost and commercial reports for Project Managers, Commercial Managers, and senior stakeholders. Provide clear commentary on cost performance, risks, variations, and forecast outturn costs. Attend project, commercial, and client meetings as required to support cost and commercial discussions. Act as a key interface between Project Delivery, QS, Procurement, and Finance functions.
The Cost Controller is responsible for the financial and commercial control of projects, ensuring robust cost management, accurate forecasting, and effective reporting throughout the project lifecycle. Including cost planning, valuation support, variation assessment, and commercial reporting, working closely with Project Managers, Resourcing, Finance, and Procurement to protect project margins and contractual position.
What can we offer you?
- Annual Leave: Our annual leave entitlement starts at 23 days per year, increasing by one additional day for each year of service, up to a maximum of 30 days. In addition to your annual leave, all employees receive 8 statutory bank holidays.
- Healthcare: Private Medical Insurance through AVIVA. This plan includes dental and optical coverage, giving you peace of mind about your healthcare needs. The package also features access to a health and wellbeing app, which offers resources and support to help you maintain a healthy lifestyle. Additionally, employees benefit from exclusive discounts on sports brands and fitness activities, encouraging an active and balanced lifestyle.
- Perkbox Benefit Package: “Perkbox”, a comprehensive employee benefits and rewards platform providing:
- Pension Scheme: We offer 5% contribution to a pension scheme administered by Royal London, designed to support your long-term financial security. Our scheme operates on a salary sacrifice basis and is a defined contribution plan, meaning both you and the company contribute regularly to help build your retirement savings.
Minimum level of experience required: 3 years or more
Required authorisations:
- Competent in Microsoft Office, predominantly MS Word, MS Excel and Outlook
- Proven experience in a Cost Controller, QS, or commercial support role within energy, construction or engineering projects.
- Strong understanding of project cost control, forecasting, and commercial reporting.
- Desirable qualification in Cost Engineering (CCT or CCP)
- Good working knowledge of QS principles, including valuations, variations, and cost planning.
- Advanced Excel skills and strong analytical capability.
- Experience using ERP or finance systems (e.g. SAP, Sage, or similar).
- Experience working closely with Project Managers and commercial teams.
- Excellent organisational skills to balance and prioritise forecasted pipeline of works
- Strong communication, literacy and numeracy levels
Languages: English (E-Native or bilingual proficiency)
Cost Controller M/F in England employer: SPIE Turbomachinery
Contact Detail:
SPIE Turbomachinery Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Controller M/F in England
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a Cost Controller role. You never know who might have the inside scoop on an opportunity!
✨Tip Number 2
Prepare for interviews by brushing up on your project cost control knowledge. Be ready to discuss how you've managed budgets and forecasts in past roles. We want to hear about your experience with cost reporting and how you’ve tackled any challenges!
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you’ve tracked costs and identified savings in previous projects. This will demonstrate your ability to manage financials effectively, which is key for a Cost Controller.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Cost Controller M/F in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Controller role. Highlight your experience in project cost control, budgeting, and financial reporting. 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 cost management and how your background makes you a perfect fit for our team. Keep it concise but impactful!
Showcase Relevant Experience: When detailing your work history, focus on roles where you’ve managed budgets, tracked costs, or worked closely with finance teams. We love seeing concrete examples of how you’ve contributed to project success!
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’s super easy to do!
How to prepare for a job interview at SPIE Turbomachinery
✨Know Your Numbers
As a Cost Controller, you'll need to demonstrate your understanding of project budgets and forecasts. Brush up on key financial metrics and be ready to discuss how you've managed costs in previous roles. Bring examples of cost reports or reconciliations you've prepared to showcase your experience.
✨Familiarise Yourself with the Tools
Make sure you're comfortable with Microsoft Excel and any ERP systems mentioned in the job description, like SAP or Sage. Practise using advanced Excel functions, as you might be asked to solve a problem or analyse data during the interview. Showing your technical skills can really set you apart!
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially around cost overruns or budget management. Think of specific situations where you identified savings or managed risks effectively. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.
✨Show Your Collaborative Spirit
This role involves working closely with Project Managers, Finance, and Procurement teams. Be ready to discuss how you've successfully collaborated with different departments in the past. Highlight your communication skills and how you ensure everyone is aligned on project costs and commercial decisions.