Senior Cost Controller (EOI)

Wood; Tees Valley; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global consulting leader is seeking a Senior Cost Controller based in Stockton-On-Tees, England. This full-time role requires expertise in cost management, budgeting, and forecasting to support project financial health. Responsibilities include maintaining project cost budgets and attending client meetings to present performance status. Ideal candidates will have a background in similar roles with robust understanding of project management principles.

Qualifications

• Excellent knowledge of cost software and related principles.
• Prior experience in a Senior Cost role is required.
• Strong understanding of cost management and project management principles.

Responsibilities

• Review and maintain Project WBS and CBS.
• Monitor and control cost commitments through project lifecycle.
• Attend project meetings and present cost performance status.

Skills

Excellent knowledge of cost software

Understanding of WBS & CBS structures

Ability to develop project cost budgets

Understanding of change management processes

Experience in a Senior Cost role

Job description

Wood Stockton-On-Tees, England, United Kingdom

Overview

Senior Cost Controller (EOI) role at Wood. Please note this is not currently a live position.

Remarkable people, trusted by clients to design and advance the world. Wood Process & Energy is looking for Expression of Interest candidates for a Senior Cost Controller on a full time basis. This role is based at our offices in Stockton-On-Tees.

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
• Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule, and cost forecast
• Manage the project / assignment work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
• Review and maintain project cost budgets using appropriate software applications
• Monitor and control cost commitments and expenditures through all phases of project lifecycle
• Liaise with project management, project planning, and others as required to ensure accuracy in project cost phasing and forecasting
• 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
• Monitor and review overall project cost performance and contingency drawdown
• Attend project / client periodic meetings and present project cost performance status as required
• Facilitate / chair internal project cost performance meetings as required
• Facilitate the project cost close-out process
• Participate in cost & estimate risk analysis sessions as required
• Participate and lead Project Controls Compliance and Continuous Improvement Reviews

Qualifications

• Excellent knowledge of cost software and related principles, tools and techniques including budgeting, forecasting and cash-flow
• Excellent knowledge of Project Execution Procedures for Cost Management including Change Management
• Excellent understanding of WBS & CBS structures and project reporting capabilities
• Advanced ability to develop project cost budgets and change estimates
• Advanced ability to prepare cost reports
• Strong understanding of change management and associated cost and schedule processes
• Strong understanding of earned value application, cost and schedule variance analyses/trending and what-if scenarios
• Excellent understanding of project management principles and techniques
• Strong understanding of Cost Management, Change Control, Planning & Risk Analysis & Management
• Prior experience in a Senior Cost role

About Us

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Accounting/Auditing and Finance
• Industries: Professional Services

Notes

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