Cost Controller

Cost Controller

Full-Time 40000 - 50000 £ / year (est.) No working from home possible
Taylor Hopkinson Limited

At a Glance

  • Tasks: Manage project costs and ensure accurate reporting for a major offshore wind project.
  • Company: Leading company in renewable energy with a focus on innovation.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Dynamic team environment with potential for career advancement.
  • Why this job: Join a vital project that contributes to sustainable energy and make a real difference.
  • Qualifications: Experience in cost control within energy sectors; relevant degree preferred but not essential.

The predicted salary is between 40000 - 50000 £ per year.

Cost Controller for a major offshore wind project in Scotland.

Responsibilities:

  • Deliver, maintain, and manage robust cost management frameworks, procedures, and tools with responsibility for accurate project cost reporting and analysis.
  • Develop and maintain project budgets and cost reports on behalf of the Project/Package Managers ensuring EAC (Estimate at Completion) forecasts are available at a suitable level for each financial month end, board meetings, and lenders construction reports.
  • Monitor and control project actuals, value of work done (VOWD), commitments and forecast costs against approved budgets and prepare accurate project reports for senior management.
  • Responsible for maintaining a robust change control process within the project and recommend actions accordingly.
  • Support package managers in variation orders (VOs) process and drawdowns from project contingency funds.
  • Liaise with Planning to ensure accurate and timely control and forecasting of budgets and ensure that the impact of all change requests is properly assessed and included in the schedule.
  • Supervise and monitor monthly cost reports from project contractors and/or consultants ensuring timely and accurate accrual submissions to finance.
  • Support finance in validating monthly invoice/billing requests from contractors and/or consultants are correct and in-line with approved budget and any variations challenged.
  • Participate in cost and estimate risk analysis sessions as required.
  • Work closely with the Finance Team.

Experience/Knowledge:

  • Proven track record of working as a cost control professional on Small/Mid/Large capital project(s) within offshore wind and/or other energy sectors.
  • Experience in project cost management - cost estimating, cost budgeting, change control, commitments, VOWD, cost forecasting, progress reporting, WBS structures etc. in a project development, engineering or construction environment.
  • Demonstrates ability to identify areas for improved efficiency on projects and has previous experience implementing strategies to achieve more efficient working.
  • Relevant degree qualification is preferred but not essential. Candidates with 2 to 3 years' experience in a similar role but with lesser qualifications will also be considered.

Cost Controller employer: Taylor Hopkinson Limited

As a leading employer in the renewable energy sector, we offer a dynamic work environment that fosters innovation and collaboration, particularly for our Cost Controller role on a major offshore wind project in Scotland. Our commitment to employee growth is evident through continuous training opportunities and a supportive culture that values contributions at all levels, ensuring you can thrive while making a meaningful impact on sustainable energy solutions.

Taylor Hopkinson Limited

Contact Details:

Taylor Hopkinson Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Controller

Tip Number 1

Network like a pro! Reach out to industry professionals on LinkedIn or at local events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Cost Controller role.

Tip Number 2

Prepare for interviews by brushing up on your cost management frameworks and tools. We suggest practising common interview questions related to project budgeting and change control processes so you can showcase your expertise confidently.

Tip Number 3

Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer’s mind. We recommend mentioning something specific from your conversation to show your genuine interest in the role.

Tip Number 4

Apply through our website for the best chance of getting noticed! We make it easy for you to showcase your skills and experience directly to hiring managers looking for a Cost Controller like you.

We think you need these skills to ace Cost Controller

Cost Management
Project Budgeting
Cost Reporting
Change Control
Value of Work Done (VOWD)
Forecasting
Accrual Submissions

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your experience in cost management, especially in offshore wind or energy sectors. We want to see how your skills match the job description, so don’t be shy about showcasing relevant projects you've worked on!

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 you can contribute to our major offshore wind project. Keep it concise but impactful – we love a good story!

Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your ability to manage budgets and control costs effectively. Numbers speak volumes, so if you’ve saved money or improved processes, let us know!

Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves!

How to prepare for a job interview at Taylor Hopkinson Limited

Know Your Numbers

As a Cost Controller, you'll need to be on top of your game with numbers. Brush up on key financial metrics and cost management frameworks relevant to offshore wind projects. Be ready to discuss how you've managed budgets and forecasts in past roles.

Showcase Your Experience

Prepare specific examples from your previous work that highlight your experience in cost control, especially in the energy sector. Talk about how you’ve handled change control processes or improved efficiency in project management.

Understand the Project Landscape

Familiarise yourself with the specifics of offshore wind projects and the challenges they face. This will help you demonstrate your knowledge and show that you're genuinely interested in the role and the company’s mission.

Ask Insightful Questions

Prepare thoughtful questions about the company's cost management strategies and how they align with project goals. This shows your engagement and helps you assess if the company is the right fit for you.