Project Cost Control Specialist

Role overview

Cost control and forecasting

• Monitor budgets, allowances, commitments, expenditures, actual costs, change orders, and forecasts.
• Establish baseline budgets for resources, revenue, and costs using an appropriate WBS with the Project Manager.
• Compare performance with approved baselines, identify variances, and coordinate corrective actions with the Project Controls Manager.
• Apply EVM principles and report Earned Value, Estimate at Completion, and Estimate to Complete.
• Maintain program cash-flow forecasts using historical data and trends; track labor, consultant, subconsultant, and other project costs.

Reporting, billing, and coordination

• Prepare weekly and monthly cost reports, financial status reports, dashboards, spreadsheets, management reports, and project-review presentations.
• Review subcontractor and consultant payment applications and coordinate monthly invoicing.
• Support billing and collection, including invoice preparation and stakeholder coordination.
• Maintain purchase-order, contract, change-order, issue, and cost-control trackers.
• Participate in monthly and quarterly reviews, explain cost variances, and prepare justifications.
• Support business-plan review and coordinate accurate project-cost charging with relevant departments.
• Support senior project-controls staff in developing and maintaining budgets and forecasts.

Required qualifications and skills

• CAF/ACCA qualification or a bachelor’s degree in Finance or a related field; equivalent relevant experience may be considered.
• At least 10 years of experience in project finance, cost control, or a related project-support role.
• Strong knowledge of cost control, budgeting, forecasting, invoicing, financial reporting, change management, commitments, actual and labor costs, and cost reporting.
• Advanced Microsoft Excel skills, including formulas, lookups, PivotTables, and charts; proficiency in Microsoft Office and basic working knowledge of Power BI.
• Strong analytical, data-reconciliation, organizational, and detail skills; excellent English communication and presentation skills.
• Effective stakeholder-management and cross-functional coordination skills; able to follow procedures, meet deadlines, and work with project and project-controls teams.

Desired experience

• Practical understanding of EVM and project performance measurement.
• Experience developing project budgets, forecasts, and cash-flow projections.
• Experience supporting project reviews and preparing management cost reports and dashboards.
• Ability to identify, analyze, and clearly communicate cost and forecast variances.
• Strong coordination with project management, finance, consultants, subcontractors, and other stakeholders.