Cost Controller

Talent Advance

Leading EPCM requires Cost Controller with 5+ years experience for 12 month contract: initially office based in Pta, then site-based in Rustenburg.

  • Cost Control Services for a mining project in Rustenburg (initiaily Pretoria).
  • 5-8 years' experience as a Cost Controller in a multi-disciplinary environment.
  • Knowledge of cost control principles, policies, procedures & financial systems.
Company Overview:
Join a leading EPCM firm which specializes in comprehensive design, consultation and project management expertise as well as multi-discipline engineering, procurement and construction services to all market sectors. They currently require the services of an experienced Cost Controller for a 12 month contract position in their offices in Pretoria initially and thereafter site based in Rustenburg.
 
Position Overview:
The Cost Controller will be responsible for Cost Control Services including but not limited to those of cost estimating, budget control, cost forecasting, cost reporting and cost risk analysis.
 
Responsibilities:
  • Maintain a healthy project delivery within the project budget and ensure compliance to project governance.
  • Design and formulate the financial control for the project and should be able to develop and execute the Cost Management Plan and provide the Project Controls Manager with accurate and up to date cost information to facilitate sound project decision making.
  • Finalize coding of all detailed estimate line items using baselined project control budget to establish package/control budgets (baselines and periodic updates).
  • Monitor planning and project / progress achievements of milestones and using the project schedule to generate data and curves for each cost profile.
  • Take part in the financial aspects of the tender process.
  • Assign budget for procurement packages, perform budget reconciliation or scope and pricing and produce reconciliation statement to support recommendations for award.
  • Review payment applications in compliance with contract agreements and approves payment certificates.
  • Record and maintain commitments based on procurement contracts, contract amendments, contract change notices and Purchase Order revisions.
  • Attend periodic reviews and establish and maintain forecasts for all packages and ensure full coding, based on EPCM status report, expenditures and project changes/trends (e.g. Trend and Change Coordinator).
  • Obtain EPCM cost and progress information and update EPCM status report.
  • Forecast project contingency requirements, escalation, forex, currencies etc.
  • Import detailed actual cost and commitment data into a defined cost system and run complete detailed baseline cost report by package.
  • Participate in the trending and change management process and incorporate approved trends into the project estimate at completion.
  • Update and maintain budget with approved Project Change Notices (PCNs).
  • Produce cost reports and analyse variances.
  • Update budget, commitment, forecast, payment and cost statement for monthly report.

Required Qualifications, Experience and Attributes:
  • Tertiary qualification in finance/costing (B Comm / AACE or equivalent).
  • A minimum of 5 - 8 years’ experience as a Cost Controller/Cost Technician in a multi-discipline project environment or related discipline and appropriate project related experience.
  • Computer literacy (Office suite, Project systems software and SAP desired).
  • Fully versed with cost control principles, policies and procedures and financial systems.
  • Strong personal commitment to safety.
  • Good analytical, oral and written communication skills.
  • Good knowledge of project management principles.
  • Presentation skills.
  • Medically fit
  • < 60 years old
 
Type of Position:
Contract – 12 months
 
Salary:
Market related, negotiable.
 
Preferred Start Date:
Immediately
 
Location:
Initially office based at the employer’s offices in Pretoria, thereafter based on-site in Rustenburg.