The Cost Controller is responsible for analyzing and controlling project costs. This role involves monitoring financial data, preparing detailed reports, and providing insights to support strategic decision-making and cost efficiency. Strong logical and critical thinking, the ability to identify key issues, prioritize under tight deadlines, and excellent problem-solving skills are essential to success in this role.

Key Responsibilities

• Analyze project costs and expenses to ensure accurate cost allocation.
• Identify cost trends and variances.
• Conduct thorough variance analysis to highlight discrepancies between planned and actual costs.
• Assist in the development and management of project forecasts.
• Monitor budget performance and report on variances.
• Support project managers in forecasting project costs and updating budgets.
• Prepare detailed cost structure reports and statements, including variance analyses.
• Support the improvement of existing and development of new cost reporting systems.
• Maintain accurate and up-to-date cost structure records.
• Ensure data integrity and accuracy in all financial systems and reports.
• Check and organize data arrays.
• Utilize financial software and tools to analyze and report on cost data.
• Track and record all project expenses and costs.
• Ensure costs are allocated correctly and in accordance with company policies and procedures.
• Monitor and report on project progress and cost performance.
• Ensure compliance with financial regulations, contracts, and company policies.
• Participate in internal and external audits, providing necessary documentation and explanations.
• Collaborate with project managers, finance teams, and other stakeholders to ensure accurate cost tracking and reporting.
• Identify opportunities for improving cost analysis processes and systems.
• Implement best practices for cost management and control.

Qualifications

• BA in Finance, Accounting, Business Administration, or a related field. Progression towards CPA is an asset.
• Five years of proven experience as a Cost Analyst, Financial Analyst, or in a similar role. Experience in project management or construction industries is a plus.
• Strong analytical and numerical skills.
• Proficiency in financial software and MS Office, with advanced knowledge of Excel.
• Fluency in English (spoken, read, and written).
• Excellent communication and presentation skills.
• Strong attention to detail and organizational skills.
• Ability to work independently and as part of a team.
• Knowledge of financial regulations and compliance.
• Highly developed ability to identify issues, analyze data, and develop solutions.
• Strong self-starter with the ability to prioritize under tight deadlines and manage multiple tasks efficiently.
• Flexibility to adapt to changing priorities and business needs, with the ability to work in a hectic environment, under tight deadlines, and manage a high workload efficiently.
• High ethical standards and integrity in financial reporting and management.
• Ability to identify the most important issues and prioritize accordingly.