Job Description
Within the Finance department, the lead cost controller ensures the provision of all cost control on the project including budget set up, updates and monitoring, change management, variation estimating, cost reporting, risk contingency, and management as well as all forecasting activities.
Your main missions will be:
- Supervise and monitor the activities of the project cost control team
- Ensure all costs are allocated to the right destinations (departments, contracting entities).
- Interface with budget owners regularly to review commitments and challenge their forecasts
- Ensure in-depth analysis and reporting of variances periodically
- Ensure constant monitoring of the progress of work by reviewing necessary supporting material (planning and reports) and information
- Calculate and plan Estimate To Complete (ETC)
- Responsible for the reconciliation of forecasted and actual expenditures and the production of project accruals
- Prepare the monthly report in association with the Package Manager Project service manager and the project cost controller