Cost Controller at Hatch

• 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.

As a successful candidate, you should;

• Maintain a healthy project within the project budget and ensure compliance to project governance
• Designs and formulates the financial control for a project and should be able to develop and execute the Cost Management Plan and provide the Project 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 in order to establish package/control budgets.
• Monitors planning and project / progress achievements of milestones and using the project schedule to generate data and curves for each cost profile.
• Takes 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.
• Reviews payment applications in compliance with contract agreements and approves payment certificates.
• Record and maintain commitments based on procurement contracts, contract amendments, contract change notices, PO revisions
• Attend periodic reviews and establish and maintain forecasts for all packages and ensure full coding, based on EPCM status report, expenditures (ex-Project Accountant) and project changes/trends (e.g. Trend and Change Coordinator)
• Forecast project contingency requirements, escalation, forex, currencies etc.
• Import detailed actual cost and commitment data into 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 PCNs
• Produce cost reports and analyze variances
• Generate data and curves for each cost profile (baselines and periodic updates)
• Update budget, commitment, forecast, payment and cost statement for monthly report.
• Obtain EPCM cost and progress info and update EPCM status report
• Attend periodic reviews and establish and maintain forecasts for all packages
• Good knowledge of project management principles
• Presentation skills

What you bring to the role;

• Tertiary qualification in engineering or related discipline or appropriate project related experience
• A minimum of 8-10 years’ experience as a Cost Controller/Cost Technician in a multidiscipline project environment.
• Computer literacy
• Strong personal commitment to safety
• Good analytical, oral and written communication skills
• Be fully versed with cost control principles, policies and procedures and financial systems