Cost Control Specialist / Cost Controller
Cost Control Specialist / Cost Controller

Cost Control Specialist / Cost Controller

Full-Time 28800 - 43200 Β£ / year (est.) No home office possible
Taylor Hopkinson | Powered by Brunel

At a Glance

  • Tasks: Manage project budgets, cost reporting, and analysis to ensure financial accuracy.
  • Company: Join Taylor Hopkinson, a leader in renewable energy recruitment.
  • Benefits: Enjoy full-time work with opportunities for growth and development.
  • Why this job: Be part of impactful projects while developing your financial skills in a supportive environment.
  • Qualifications: Relevant degree preferred; 2-3 years experience in a similar role is a plus.
  • Other info: Entry-level position with potential for career advancement.

The predicted salary is between 28800 - 43200 Β£ per year.

Cost Control Specialist / Cost Controller

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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; prepare accurate project reports for senior management.
  • Maintain 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; assess and include the impact of all change requests 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, ensuring they are correct and in-line with approved budgets; challenge variations as needed.
  • Participate in cost and estimate risk analysis sessions as required.
  • Work closely with the Finance Team.

Requirements:

  • Relevant degree qualification is preferred but not essential.
  • Candidates with 2 to 3 years\’ experience in a similar role, even with lesser qualifications, will also be considered.

Seniority level

  • Entry level

Employment type

  • Full-time

Job function

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Cost Control Specialist / Cost Controller employer: Taylor Hopkinson | Powered by Brunel

At Taylor Hopkinson, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of Edinburgh. Our commitment to employee growth is evident through tailored development opportunities and a supportive environment that encourages professional advancement. Join us to be part of a forward-thinking team where your contributions directly impact project success and sustainability.
Taylor Hopkinson | Powered by Brunel

Contact Detail:

Taylor Hopkinson | Powered by Brunel Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Cost Control Specialist / Cost Controller

✨Tip Number 1

Familiarise yourself with cost management frameworks and tools commonly used in the industry. This knowledge will not only help you understand the role better but also allow you to speak confidently about your experience during interviews.

✨Tip Number 2

Network with professionals in the field of cost control. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to job openings, including our positions at StudySmarter.

✨Tip Number 3

Stay updated on the latest trends and technologies in cost control and project management. Being knowledgeable about new software or methodologies can set you apart from other candidates and show your commitment to the field.

✨Tip Number 4

Prepare for potential interview questions by practising how you would handle specific scenarios related to cost reporting and budget management. This preparation will help you demonstrate your problem-solving skills and readiness for the role.

We think you need these skills to ace Cost Control Specialist / Cost Controller

Cost Management
Budgeting
Financial Reporting
Project Cost Control
Change Control Processes
Data Analysis
Communication Skills
Attention to Detail
Forecasting
Risk Analysis
Collaboration with Finance Teams
Problem-Solving Skills
Time Management
Proficiency in Financial Software

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant experience in cost management and project reporting. Use specific examples that demonstrate your ability to manage budgets and control costs effectively.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities listed in the job description, particularly your experience with cost reporting and analysis.

Highlight Relevant Skills: Emphasise skills such as attention to detail, analytical thinking, and proficiency in financial software. These are crucial for a Cost Control Specialist and should be evident in both your CV and cover letter.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which are key traits for this role.

How to prepare for a job interview at Taylor Hopkinson | Powered by Brunel

✨Understand Cost Management Frameworks

Familiarise yourself with various cost management frameworks and tools. Be prepared to discuss how you have used these in previous roles or how you would implement them in this position.

✨Showcase Your Analytical Skills

Highlight your ability to analyse project costs and prepare accurate reports. Bring examples of past experiences where your analysis led to significant cost savings or improved budget management.

✨Prepare for Change Control Discussions

Be ready to talk about your experience with change control processes. Think of specific instances where you successfully managed changes and how you communicated these to stakeholders.

✨Demonstrate Team Collaboration

Since the role involves liaising with various teams, emphasise your teamwork skills. Share examples of how you've worked effectively with finance, planning, and project managers to achieve common goals.

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