Cost Controller 1

Cost Controller 1

Claremont (Los Angeles County) CA

Assigned to Projects in the Onshore Business Unit, and working under close supervision, she/he will provide the Project Manager and lead engineers with the information and assistance needed to manage the project execution in compliance with the objectives of the cost and revenue budgets and the Group’s standards in terms of project cost control.

Major focus is to provide look-ahead forecasting and trend analysis, monitor commitments, budgets, invoicing, cash flow forecast and prepare the feedback dossier for the Estimating group.

Actively participates in formal and informal training in subjects including execution strategies for engineering projects, cost control procedures, use of company enterprise resource planning systems and computer based cost control applications, interfaces with internal clients of cost control reporting and relations to departments that generate information that must be tracked in the project forecast.

WORK PERFORMED

• Maintenance of project Budget information.
• Review of committed and actual project costs.
• Review and updating of cost coding and allocations.
• Review, analysis and updating of project cost forecast values.
• Maintenance of the project deviation and trend registers.
• Generation and distribution of internal project cost reports.
• Generation of client cost reports.
• Review of client invoicing for accuracy and completeness.
• Reconciliation of project cost reporting with accounting and financial records.
• Monitoring of project cash flows and foreign currency position.
• Change Request development and submission in coordination with the PM.
• Preparation and presenting of the PMR for review with PM and Corporate Management during the monthly Project Reviews (and attendance of the same)
• Duty to alert and report any significant movement expected in the forecast.
• Preparation of the feedback forms and dossier during the life of the project and at completion.

JOB REQUIREMENTS:

Education : Bachelor’s Degree in Engineering, Construction Management, Finance, Accounting, General Business or related field.

Skills:

• Excellent communication skills.
• Accuracy and attention to details
• Methodical and organized.
• Able to work under pressure
• Work well in team environment as well as independently, often under strict deadlines.
• Computer knowledge (Oracle, Word, Excel, Access).
• Good analytical and problem solving skills