Cost Controller

Balfour; Newcastle upon Tyne; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading construction firm in Newcastle upon Tyne is seeking a Cost Controller to assist with project financial management. Responsibilities include cost validation, allocation support, and conducting variance analysis. Ideal candidates will possess strong organizational and communication skills, along with proficiency in IT, specifically with Oracle R12. This role may require site travel and offers various benefits including generous paid leave and family-friendly policies.

Benefits

25 days paid annual leave

Family-friendly policies

Pension and share incentive plan

Qualifications

• Proven ability to work in a fast-paced environment within set timescales.
• High levels of IT Literacy; experience with Oracle R12 is preferred.
• Ability to prioritize tasks accurately.

Responsibilities

• Assist project team with cost queries and validation.
• Support cost allocation and run weekly cost reports.
• Conduct variance analysis of actual vs forecast costs.
• Monitor and track costs.
• Liaise with suppliers and contractors.

Skills

Strong communication skills

Organizational skills

IT Literacy

Proactivity

Tools

Oracle R12 accounts system

Job description

About The Role

Balfour Beatty has an exciting opportunity for a cost controller on our ASTI projects. As a Cost Controller, you would report directly to the senior finance manager, as well as interfacing with the Site Project Team, HR and Balfour Beatty Newcastle and wider finance teams.

What you'll be doing

• Assisting the project team with cost queries and gaining back-up/validation to costs
• Supporting Commercial function by ensuring correct cost allocation and running of weekly cost reports
• Variance analysis of actual v forecast costs
• Monitor and tracking of costs
• Plus any other tasks to assist the Senior finance manager or project staff
• Liaising with External: Suppliers and Contractors
• Working with Clients stakeholders to facilitate audits monthly/quarterly provide samples of costs to enable audits and validation.
• Support Finance Manager and Commercial Lead in any ad-hoc analysis.
• Flexible position – may be project based or office based but site travel would be required

Who we're looking for

• Highly motivated, proactive and practical individual
• Ability to work in a fast-paced environment and within set timescales
• Thrives in a busy environment and enjoys a challenge
• Excellent communication and interpersonal skills
• Highly organised and able to work on own initiative
• Review and Prioritise tasks with accuracy
• High levels of IT Literacy, preferably used Oracle R12 accounts system but not essential.
• Full driving licence
• Gain understanding of Oracle R12 CVR (link between Commercial Project reporting and Financial project reporting).

Why work for us

Day in, day out, our teams deliver amazing projects in challenging conditions; developing, managing and maintaining the vital infrastructure and public spaces that modern economies, societies and communities rely on.

Benefits

• 25 days paid annual leave (pro rata)
• Family friendly policies which include 28 weeks full pay for maternity/adoption leave and four weeks full pay for paternity/partners leave
• Pension, share incentive plan, volunteering leave, recognition schemes and much more

About Us

Balfour Beatty's Enabling Functions includes our centralised HR, IT, Procurement, Finance, Health & Safety, Sustainability and Comms teams. Together we support Balfour Beatty to deliver projects on behalf of our clients. We operate according to our Build to Last values of Lean, Expert, Trusted and Safe.

We value diversity and celebrate individual differences, believing that our inclusive culture helps the business continue to grow as a strong, dynamic and innovative organisation.

Balfour Beatty is a corporate signatory to WISE (Women in Science & Engineering). Our aim is to attract more people from diverse backgrounds to help us build on our inclusive culture. We are a member of the workingmums.co.uk Top Employers' Charter through which we demonstrate our commitment to enabling parents to progress and enhance their careers whilst managing the challenges of family life.

Balfour Beatty is also Gold Award holders in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.