Cost Controller

Wood
Dubai
AED 50,000 - 200,000
Job description

Job Description

Wood Process & Energy is recruiting for a Cost Controller to join our Ellesmere Port based team on a permanent staff basis.

The Role

As a Cost Controller, you will prepare and report on project cost budgets, and the tracking, management and reporting of project expenditure to enable robust control of projects throughout their lifecycle. You will support senior members of the cost team through the preparation and reporting of project cost budgets, ensuring budgets and reports are prepared to the required level of detail and accuracy in accordance with contractual requirements and Wood policies, procedures and standards. This will typically involve the review, analysis and reporting of actual and forecasted project costs against the project approved budget.

Join a culture of innovation, pushing the boundaries of what is possible to seek the best solutions for our clients.

What We Can Offer

  • Meaningful and interesting projects delivered to leaders of industry across emerging energy sectors
  • Flexible working arrangements that balance client, team and individual needs offering some remote working where relevant and appropriate
  • Commitment to Diversity and Inclusion; we are an organisation actively committed to diversity and inclusion across our business
  • Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
  • Flexible benefits package; inclusive of 33 days annual leave (including public holidays), generous contributory pension scheme, private medical cover, 4x base salary life insurance; all of these and more that can be adapted to suit your own lifestyle
  • Commitment to continued professional development; development plans that are tailored to your individual needs and interests
  • Global connections: join experts around the world who are at the leading edge of our industry, shaping the standards of our profession

Responsibilities

  • Assist and support in the development and maintenance of Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes
  • Liaise with other Project Controls disciplines and functions, assist and support in the development of project budgets in accordance with the Basis of Estimate including statements of work scope, assumptions, man-hour estimates, narratives and review & comment of client documents
  • Liaise with procurement, finance and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs. Ensure costs are allocated accurately in accordance with approved project WBS
  • Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule and cost forecast
  • Facilitate and manage the project work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
  • Assist and support in the development and maintenance of project cost budgets using appropriate software applications
  • Monitor and control cost commitments and expenditures through all phases of project lifecycle
  • Liaise with planning as required to ensure accuracy in project cost phasing and forecasting
  • Prepare and provide project cost performance reports in accordance with project reporting requirements
  • Prepare and issue updates to project cost forecasts
  • Monitor and report on cost impact of project manpower forecasts
  • Develop and issue project change orders / variations in accordance with engineering and construction change notifications
  • Facilitate and communicate cost and schedule impact of change notifications
  • Monitor overall project cost performance and contingency drawdown
  • Attend project meetings as required
  • Participate in the project cost close-out process
  • Attend cost & estimate risk analysis sessions as required
  • Participate in Project Controls Compliance and Continuous Improvement Reviews

Qualifications

  • Typically requires ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience)
  • Basic knowledge of cost software and related principles, tools and techniques including budgeting, forecasting and cash-flow
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