Cost Controller

ARION BLUE LLC • Houston, TX

62d

About The Position

Maintains project cost to complete budgets in alignment with as sold position and in coordination with budget holders. Supports forecast estimation and verify the accuracy of the actual to date cost (material, labor, manufactured costs, suppliers’ invoices, timesheets, travel expenses). Aligns with project team and time schedule to ensure forecasted cost risks are accurately captured. Checks and controls cost movements, compares with current scope and progress as well as with previous forecast. Also compare productivity factors and validate accuracy of cost estimates. Communicates cost status/forecasts/risk to budget holders and drives/supports risk mitigation and cost out. Presents all financial data in a transparent way, attends project and management review to present cost status, budget deviations and root causes. Aligns with Finance Controller to ensure reconciliation takes place between approved project financial data and books. Aligns with planner to ensure costs and schedule are aligned. Reports on cost movement root causes impacting sales targets.

Requirements

• Bachelor’s Degree in relevant technical discipline preferred; however, candidates with relevant experience will be considered.
• 10+ years of industry experience in cost control.
• 5+ years of experience in onshore or offshore cost control.
• Excellent understanding of earned value management – forecasting, productivity index (PI), cost productivity index (CPI).
• Solid analytical and problem-solving skills.
• Project finance deep understanding with expert knowledge of ERP systems (Netsuite preferred)
• Enterprise Projects Performance Software experience (EcoSys preferred)

Responsibilities

• Maintains project cost to complete budgets
• Supports forecast estimation and verify the accuracy of the actual to date cost
• Ensures forecasted cost risks are accurately captured
• Checks and controls cost movements
• Communicates cost status/forecasts/risk to budget holders
• Presents all financial data in a transparent way
• Aligns with Finance Controller to ensure reconciliation takes place between approved project financial data and books
• Aligns with planner to ensure costs and schedule are aligned
• Reports on cost movement root causes impacting sales targets

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees