Job DescriptionCost Controller, you will be involved with:- Implement, administer and maintain cost control system and procedures to track project budgets, commitments, expenditures and forecasts for projects of medium complexity and value
- Assist in the preparation and review of cost estimates
- Provide cost information to support decision and alternative selection
- Evaluate and analyze fee proposals / bids and provide recommendation for decision making
- Provide forecasts and cash flow analysis
- Maintain and manage the cost report and provide regular updates on financial position.
- Assist in the development, validation and maintenance of the project schedule.
- Assist in developing reporting tracking tools and generating cost reports on a regular basis, including evaluation of earned value.
- Build intricate spreadsheets to enable fast and accurate data manipulation of large datasets.
- Extract data from several sources, transforming it to fit operational needs.
- Reconcile data to support complete accuracy and create a clean audit trail.
- SOX control responsibilities may be part of this role, which are to be adhered to where applicable
Project/Program specific responsibilities:
- Operate Project Controls software by developing WBS, uploading financial data from SAP, and updating forecast based on inputs from various project stakeholders; Produce monthly cost report packages for multiple projects
- Develop/manage effective Work Breakdown Structure that meets each project needs while adhering to client standards.
- Review contractor work progress submissions and invoices to ensure consistency with approved forecasts and budgets
- Use existing Client SAP reports as a tool to gather data for cost reporting (actuals and commitments).
- Manage/maintain Project Change Logs and provide reporting
- Update the project cash flow in the Client portfolio management system
- Review and participate with the design services team and construction manager, in the development of the cost estimates.
- Market sector experience: Experience working on large-scale Life Sciences projects or similar preferred but not required.
- Project/program size in dollar value: Ranging from $100k to $50M+
- Software specific requirements: Experience of using project controls tools (such as Contruent/Prism or Ecosys) or PMIS highly desirable
- Certification requirements: Relevant industry certification preferred
Qualifications- Bachelor's degree in construction management, cost management, quantity surveying, engineering or field related to construction.
- Minimum 3-5 years of relevant experience working in a cost management role in the construction industry.
- Experience supporting cost management on medium or large sized construction projects.
- Construction consultancy experience is strongly preferred.
- Good knowledge of construction industry technical matters, such as different procurement routes, value management, and value engineering.
- Strong communication skills.
Additional Information*On-site presence and requirements may change depending on our client's needs* Turner & Townsend carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for the cost controller position is $120,000 annually and the maximum salary for the cost controller position is $140,000. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience.
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