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Senior Project Cost Controller
2 months ago
We are seeking a highly skilled Senior Project Cost Controller to join our team at Bayes Recruitment Pte Ltd. As a Senior Project Cost Controller, you will be responsible for managing project costs, ensuring accurate financial reporting, and providing valuable insights to stakeholders.
Key Responsibilities:- Liaise with Procurement and Subcontracts Leads and Project Managers to review and set up Work Breakdown Structure (WBS) and Work Package/project budgets.
- Prepare reports on revenue (as sold), internal budgets, commitments, budget transfers, change and variation orders; forecasts and cash-flows in-line with internal management reporting requirements.
- Monitor and update the actual and committed cost periodically and analyze these costs and trends.
- Verify cost allocations according to Work Package.
- Prepare monthly Cost Report (Ms Excel or EcoSys) and GPR, and Client's Reports as required.
- Prepare monthly Cash Flow and 15 weeks Cash Flow.
- Monitor and identify variance from project current budget and previous EAC and report accordingly.
- Maintain Change Order, Budget Transfers, Trends Register and prepare supporting documents.
- Assist PMs and Project Commercial Managers with estimates and supporting documentation for CO to be submitted to Clients.
- Prepare billing memo with supporting documents for Finance to prepare invoices and entries into SAP.
- Internal liaison with Finance/Procurement/Operations to maintain efficient & accurate recording of cost expenditure and manage discrepancies for preparation of accurate and complete cost reports.
- Troubleshoot cost abnormalities in reporting data and liaise with relevant parties as necessary.
- Provide the support to Finance for External Audit and Tax Audit.
- Support Project Manager with risk process and maintain an updated risk register.
- Support Project Manager to coordinate with all disciplines and providing input to the Manpower Management System (MMS).
- Prepare Project and Management ad hoc reports.
- Assist Senior Project Controls Manager to coordinate with SEA projects for cost report, GPR and risk register and prepare consolidation reports.
- Minimum 5 years working experience in engineering & construction environment and minimum 5 years of cost control experience.
- Must be fluent in the English language and be an effective communicator.
- Diploma in Engineering or Science
- High level of Competency in the use of MS Excel (Intermediate to Advance), Power Point and Word.
- Experience in ERP System (SAP preferred) and Cost Control System (EcoSys preferred)
At Bayes Recruitment Pte Ltd, we are committed to providing our clients with the best talent in the industry. If you are a motivated and experienced Senior Project Cost Controller looking for a new challenge, please submit your resume to us.