Junior cost controller

6 days ago


Singapore HBA Future Energy Holdings Pte Ltd Full time

This position reports to the Chief Financial Officer and Project Director. The Junior Cost Controller supports the cost control functions of the project by assisting in the preparation of project budgets and cost estimates during the bidding phase. Throughout the project lifecycle, you will be responsible for assisting in monitoring and controlling costs, ensuring that all costs are accurately tracked and reported.
DUTIES AND RESPONSIBILITIESPrimary responsibilities include but are not limited to the following job scope:
Assist in the preparation of the project budget and capital cost estimates.
Help set up standard project account codes and establish Project Work Breakdown Structure (WBS), CBS, and CTR Catalogue.
Assist in transferring the project ‘as-sold’ budget information into a Project Cost Model (split according to the Breakdown Structure – WBS and time-phased).
Coordinate with other project functions to ensure compatibility with the Cost Control requirements and timely flow of information.
Support the setup of systems and processes that will allow smooth gathering and compilation of commitment and cost information during project execution.
Help produce regular cost reports and advise management of any forecast cost overruns as soon as possible to allow corrective actions to be taken in a timely manner.
Assist in reviewing cost commitment and expenditure information for all cost elements, ensuring that all information received is accurate and correctly recorded.
Maintain close monitoring of project activities in line with contractual conditions.
Involvement in Change Management Process, Variation Order costing, pricing, and submission.
Participate in Risk Management Process and manage the project contingency and sensitivity analysis.
Review invoicing and monitor payments received from clients.
Responsible for the preparation of monthly cash flow statements, monitoring and forecasting cash flows, and setting a control environment for cash management to optimize cash flow.
Verify and validate all claims/supplier/subcontractor/service provider invoices billed to the project.
Prepare and monitor the manpower manning plan of the project, manpower earned value analysis, and resources in relation to the original schedule requirement.
Encourage and provide lateral learning within the project.
Establish and maintain good working relationships with both internal and external clients to guide on cost controlling matters.
Fiscal responsibilities include planning, preparation, forecasting, maintaining, and reconciling budgets and expenses, and planning, forecasting, maintaining, and reconciling in the area of purchasing.
Comply with HSE requirements:
Environmental Aspects & Impacts Assessment.
OHS Hazardous & Risk Assessment.
Follow HSE Regulations.
RequirementsBachelor’s degree in business administration/finance/accounting preferred, or alternatively, a minimum of 0-2 years of experience in a similar capacity with expertise in cost management.
Computer literate in MS Office Word, Excel, Power Point, and SAP System.
Good communication, organizing, and interpersonal skills are critical.
Positive attitude / Drive for results.
Good sense of numerical projection, estimation, and experience in generating financial reports.
Proactive, self-motivated, and able to work independently.#J-18808-Ljbffr



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