Cost Controller

Cost Controller

Full-Time 40000 - 50000 £ / year (est.) No home office possible
Taylor Hopkinson | Powered by Brunel

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: Exciting opportunity for career advancement in a growing industry.
  • Why this job: Join a dynamic team and contribute to sustainable energy solutions.
  • Qualifications: Experience in cost control within energy projects; 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 | Powered by Brunel

Join a leading company in the renewable energy sector, where as a Cost Controller for a major offshore wind project in Scotland, you will be part of a dynamic team dedicated to sustainability and innovation. We offer a collaborative work culture that prioritises employee development, providing opportunities for growth and advancement within the industry. Enjoy competitive benefits and the unique advantage of contributing to impactful projects that shape the future of energy.
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 Controller

✨Tip Number 1

Network like a pro! Reach out to people in the offshore wind sector, attend industry events, and connect on LinkedIn. 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 knowledge. Be ready to discuss your experience with budgets, forecasts, and change control processes. We want you to show off your skills and how they align with the job description!

✨Tip Number 3

Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We recommend mentioning something specific from your conversation to make it personal.

✨Tip Number 4

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

Cost Management
Project Budgeting
Cost Reporting
Change Control
Value of Work Done (VOWD)
Forecasting
Accrual Submissions
Cost Estimating
Progress Reporting
WBS Structures
Risk Analysis
Communication Skills
Collaboration with Finance Team
Efficiency Improvement Strategies

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the role of Cost Controller. Highlight your experience in cost management frameworks and any relevant projects you've worked on, especially in offshore wind or energy sectors.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific skills like cost forecasting and change control that align with what we're looking for.

Showcase Your Achievements: Don’t just list your responsibilities; show us what you’ve achieved! Use numbers and examples to demonstrate how you’ve improved efficiency or managed budgets effectively in past roles.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates!

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

✨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 Lifecycle

Familiarise yourself with the entire lifecycle of offshore wind projects. Be prepared to discuss how you would approach cost forecasting and reporting at different stages of a project, and how you can support package managers effectively.

✨Ask Insightful Questions

Interviews are a two-way street! Prepare thoughtful questions about the company's current projects, challenges they face in cost management, and how the finance team collaborates with project managers. This shows your genuine interest and helps you assess if it's the right fit for you.

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