At a Glance
- 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 pension scheme.
- Other info: Dynamic work environment with opportunities for career growth and professional development.
- Why this job: Be a key player in financial control and make a real impact on project success.
- Qualifications: 3+ years in cost control or commercial support, strong Excel skills, and analytical abilities.
The predicted salary is between 40000 - 50000 ÂŁ per year.
Responsibilities
- 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.
Profile
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.
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)
Reference
- 2026-42996
Benefits
- 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.
Cost Controller M/F employer: SPIEgroup
Contact Detail:
SPIEgroup Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Controller M/F
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that Cost Controller role.
✨Tip Number 2
Prepare for interviews by brushing up on your project cost control knowledge. Be ready to discuss your experience with budgets, forecasts, and cost management. We want you to showcase how you can keep those project margins healthy!
✨Tip Number 3
Don’t forget to tailor your approach! When applying through our website, make sure your CV and cover letter highlight your relevant skills in cost control and financial reporting. We’re looking for candidates who can hit the ground running!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We appreciate candidates who show enthusiasm and professionalism, so let us know you’re keen on the role!
We think you need these skills to ace Cost Controller M/F
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 forecasting. We want to see how your skills align with our needs!
Showcase Your Skills: Don’t forget to showcase your advanced Excel skills and any experience with ERP systems. We love seeing candidates who can demonstrate strong analytical capabilities and a solid understanding of QS principles.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about cost control and how your previous experiences make you a great fit for our team. We appreciate a personal touch!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at SPIEgroup
✨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 worked on to showcase your experience.
✨Master Excel Skills
Since advanced Excel skills are crucial for this role, make sure you're comfortable with functions, pivot tables, and data analysis. Consider preparing a small Excel exercise to demonstrate your proficiency during the interview. This will show that you can handle the technical aspects of the job with ease.
✨Understand the Project Lifecycle
Familiarise yourself with the entire project lifecycle, from handover to close-out. Be prepared to discuss how you would support Project Managers in managing commercial risks and opportunities. Showing that you understand the bigger picture will impress your interviewers.
✨Communicate Clearly
Strong communication skills are essential for this position. Practice explaining complex financial concepts in simple terms, as you'll need to present cost performance and risks to various stakeholders. Being able to articulate your thoughts clearly will set you apart from other candidates.