Project Cost Controller

Hutcheon Mearns are delighted to be working with a global oil service company to hire a Project Cost Controller on a full time, staff basis. You will be based in Old Kilpatrick with hybrid working (one day per week at home), flexible hours and an excellent benefits package. As a key member of the project team the position will ensure the provision of all cost control functionality on the projects including budget set up, updates and monitoring, change management, variation estimating, cost reporting, risk contingency and management as well as all forecasting activities.

The Opportunity

• Establish a project coding structure in accordance with the Group Guidelines taking into consideration the interface with the Project Planning Function, where applicable
• Ensure full coherence and utilisation of the Cost Control System (Ecosys) and that it aligns with the Work Breakdown Structure for budgeting purposes and reporting key performance indicators throughout the project
• Establish and communicate processes and routines required for effective control and reporting during the project lifecycle to team members with consideration of financial and other compliance legislation
• Maintain constant awareness of progress of work by proactively collecting the necessary supporting material (planning and reports) and information from all credible sources
• Ensure the timely coding, collection, analysis and reporting of all project expenditure, together with the budget holder(s)
• Conduct reconciliation of forecasted and actual expenditures and the production of project accruals
• Produce short- and long-term cash flow projections in a continuous and timely manner
• Prepare the PG Monthly Report in association with the Package Manager
• Accountable for in-depth analysis and reporting of variances on a monthly and ensuring all costs are allocated correctly
• Interface with budget owners on a regular basis to review commitments
• Regularly liaise and establish good working relationships with Parent Project Cost Controllers

Background and Experience

• Part qualified or currently undertaking studies towards a professional accounting qualification (ie CIMA, ACCA) is desirable although candidates degree qualified ideally in Cost Management, Project Management or Finance will also be considered
• Broad experience of delivering Cost Centre Control across various types and sizes of project would be preferred
• IT literate across the MS Suite, with proficiency in Microsoft Excel (including advanced pivots/lookups etc). Working knowledge of SAP would be beneficial but is not essential
• Culturally aware, utilising enhanced communication skills to build and maintain effective relationships at all levels of the business
• Collaborative team worker who also demonstrates initiative and ownership
• Proactive and solutions-based, with the ability to challenge the status quo, devising and implementing improvements where relevant
• Excellent analytical skills, and an ability to work with detail and high accuracy

Next Steps

If you are interested in taking the next step in your career or feel a change of environment or sector is your next path, this could be the ideal job opportunity for you! To apply please send a full CV. For a confidential discussion or more information, please reach out to Morgan McPherson at Hutcheon Mearns on morgan.mcpherson@hutcheonmearns.co.uk. Only candidates eligible to work in the UK will be considered for this role as no sponsorship is available.