Senior Project Cost Controller

2 days ago


Singapore BAYES RECRUITMENT PTE. LTD. Full time
Job Description

Job Title: Senior Project Cost Controller

Job Summary:

We are seeking a highly skilled Senior Project Cost Controller to join our team at Bayes Recruitment Pte. Ltd. The successful candidate will be responsible for managing project costs, preparing reports, and analyzing financial data to ensure accurate and timely delivery of projects.

Key Responsibilities:

  • Liaise with Project Managers and Commercial Teams: Collaborate with project managers and commercial teams to review and set up Work Breakdown Structure (WBS) and project budgets.
  • Prepare Financial Reports: Prepare reports on revenue, internal budgets, commitments, budget transfers, change and variation orders, forecasts, and cash-flows in-line with internal management reporting requirements.
  • Monitor and Analyze Costs: Monitor and update actual and committed costs periodically and analyze these costs and trends.
  • Verify Cost Allocations: Verify cost allocations according to Work Package.
  • Prepare Cost Reports: Prepare monthly Cost Report (Ms Excel or EcoSys) and GPR, and Client's Reports as required.
  • Monitor Cash Flow: Prepare monthly Cash Flow and 15 weeks Cash Flow.
  • Identify Variance: Monitor and identify variance from project current budget and previous EAC and report accordingly.
  • Maintain Registers: Maintain Change Order, Budget Transfers, Trends Register and prepare supporting documents.
  • Support Commercial Teams: Assist PMs and Project Commercial Managers with estimates and supporting documentation for CO to be submitted to Clients.
  • Prepare Billing Memos: Prepare billing memo with supporting documents for Finance to prepare invoices and entries into SAP.
  • Internal Liaison: 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: Troubleshoot cost abnormalities in reporting data and liaise with relevant parties as necessary.
  • Support External Audit: Provide the support to Finance for External Audit and Tax Audit.
  • Support Risk Management: Support Project Manager with risk process and maintain an updated risk register.
  • Support Manpower Management: Support Project Manager to coordinate with all disciplines and providing input to the Manpower Management System (MMS).
  • Prepare Ad Hoc Reports: Prepare Project and Management ad hoc reports.
  • Consolidate Reports: Assist Senior Project Controls Manager to coordinate with SEA projects for cost report, GPR and risk register and prepare consolidation reports.

Requirements:

  • Minimum 5 Years of Experience: Minimum 5 years working experience in engineering & construction environment and minimum 5 years of cost control experience.
  • Language Skills: Must be fluent in the English language and be an effective communicator.
  • Education: Diploma in Engineering or Science
  • Technical Skills: High level of Competency in the use of MS Excel (Intermediate to Advance), Power Point and Word.
  • ERP and Cost Control System Experience: Experience in ERP System (SAP preferred) and Cost Control System (EcoSys preferred)


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