At a Glance
- Tasks: Manage project budgets, track costs, and generate detailed cost reports for high-profile clients.
- Company: Join Wood, a leader in engineering and project services across the Energy Sector.
- Benefits: Enjoy flexible working, competitive salary, 33 days annual leave, and tailored professional development.
- Other info: Hybrid working model with opportunities for global connections and a commitment to diversity.
- Why this job: Make a real impact on transformative projects while working with industry experts.
- Qualifications: Degree in a relevant field and experience in cost management, especially with EPCm projects.
The predicted salary is between 55000 - 65000 £ per year.
Wood is recruiting for a Senior Cost Controller to support across UK projects for a high-profile client. There is a requirement for hybrid working with 3 days per week being based out of either Aberdeen, Glasgow, Stockton or Staines. There will also be a requirement to visit UK based client sites as and when required. Please note applicants must be able to pass HMG Baseline Personnel Security Standard (BPSS) check.
The Role
The Senior Cost Controller will be responsible for the development of project budgets, the tracking of actual and forecasted costs and the generation of cost reports, ensuring they are prepared to the required level of detail and accuracy and in accordance with contractual requirements and Wood policies, procedures and standards. This is an excellent opportunity for an experienced cost controller with a background in managing the Cost on EPCm projects – ideally with experience in NEC4 contracts.
Responsibilities
- Review and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS).
- Liaise with other Project Controls disciplines and functions, assist and support in the development of project budgets in accordance with the Basis of Estimate including statements of work scope, assumptions, man-hour estimates, narratives, and review & comment of client documents.
- Liaise with Planning discipline 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 schedules.
- Liaise with procurement, finance, and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs, ensure costs are allocated accurately in accordance with approved project WBS.
- Review and maintain project cost budgets using appropriate software applications.
- Monitor and control cost commitments and expenditures through all phases of project lifecycle.
- Provide copies of project cost performance reports in accordance with project reporting requirements.
- Review and issue updates to project cost forecasts.
- Monitor and report on cost impact of project manpower forecasts.
- Coordinate development, review, and issue of project change orders / variations in accordance with engineering and construction change notifications.
- Assess, review, and communicate cost and schedule impact of change notifications.
- Monitor and review cost impact of achievement / non-achievement of major project milestones, overall project cost performance and contingency drawdown.
- Attend project / client periodic meetings and present project cost performance status as required.
Qualifications
Typically requires ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience). Excellent knowledge of cost software and related principles, tools and techniques including budgeting, forecasting and cash-flow. Understands EPCm Cost Management. Knowledge of NEC Contracting Mechanism. Drive standardisation, consistency, best practice to achieve performance excellence.
Senior Cost Controller in Aberdeen employer: Wood Group
Contact Detail:
Wood Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Cost Controller in Aberdeen
✨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 Senior Cost Controller role. You never know who might have the inside scoop on an opportunity.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Familiarise yourself with their work in the energy sector and be ready to discuss how your experience aligns with their needs, especially around EPCm projects and NEC4 contracts.
✨Tip Number 3
Practice your pitch! Be clear about what you bring to the table as a Senior Cost Controller. Highlight your skills in budgeting, forecasting, and cost management, and be prepared to share specific examples of how you've delivered results in past roles.
✨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, it shows you’re serious about joining our team at Wood and contributing to meaningful projects.
We think you need these skills to ace Senior Cost Controller in Aberdeen
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Cost Controller role. Highlight your experience with EPCm projects and NEC4 contracts, as these are key for us. Use specific examples that showcase your skills in budget development and cost tracking.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share why you're passionate about the role and how your background aligns with our mission at Wood. Don’t forget to mention your commitment to diversity and inclusion, as it’s something we value highly.
Showcase Relevant Skills: In your application, emphasise your knowledge of cost software and principles. We want to see your expertise in budgeting, forecasting, and cash-flow management. Make it clear how you can contribute to our projects and help us deliver reliable results.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Wood Group
✨Know Your Numbers
As a Senior Cost Controller, you'll need to demonstrate your expertise in budgeting and forecasting. Brush up on your knowledge of cost software and be ready to discuss specific examples of how you've managed costs on EPCm projects, especially with NEC4 contracts.
✨Understand the Role
Familiarise yourself with the key responsibilities outlined in the job description. Be prepared to explain how your experience aligns with tasks like maintaining project budgets, liaising with other disciplines, and monitoring cost performance. This shows you’re not just interested in the role but understand it deeply.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Think of scenarios where you've had to manage unexpected costs or changes in project scope. Prepare to explain your thought process and the outcomes of your decisions, as this will highlight your ability to handle real-world challenges.
✨Show Your Soft Skills
While technical skills are crucial, don’t forget to showcase your communication and teamwork abilities. You’ll be liaising with various teams, so be ready to discuss how you’ve successfully collaborated with others in past roles. This will demonstrate that you can fit into their culture and work effectively across departments.