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Cost Control Specialist / Cost Controller

Taylor Hopkinson Limited
Posted a day ago, valid for 18 days
Location

Edinburgh, City of Edinburgh EH13EG, Scotland

Salary

£38,000 - £45,600 per annum

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Contract type

Full Time

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Sonic Summary

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  • The position is for a Cost Control Specialist/Controller with a major offshore wind developer based in Scotland.
  • The role involves managing cost management frameworks, developing project budgets, and ensuring accurate project cost reporting.
  • Candidates should have 2 to 3 years of experience in a similar role, with a relevant degree preferred but not essential.
  • The salary for this position is competitive, reflecting the candidate's experience and qualifications.
  • The specialist will collaborate closely with project managers and the finance team to ensure effective cost control and reporting.

Cost Control Specialist/ Controller for a major offshore wind developer based 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

Requirements

  • 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.

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