Costing & Budget Controller Full Time NEW

Job Title: Costing & Budget Controller.

Role Purpose: The Costing & Budget Controller is responsible for planning, monitoring, and controlling project budgets and costs to ensure financial efficiency and alignment with project objectives. The role adds business value by enabling data-driven decision-making, enhancing cost transparency, and optimizing resource allocation to improve overall project performance and financial outcomes.

Key Activities:

• Develop and maintain detailed project budgets aligned with scope and cost estimates
• Validate cost assumptions and ensure alignment with project requirements
• Update budget forecasts based on project progress and financial performance
• Monitor actual costs against approved budgets and identify variances
• Analyze cost performance and determine root causes of deviations
• Implement cost control measures and recommend corrective actions
• Prepare accurate and timely cost and budget reports
• Deliver variance analysis and financial insights to support decision-making
• Ensure consistency, reliability, and transparency of financial data
• Maintain cost control systems and ensure data integrity across tools
• Enhance reporting efficiency through system improvements and automation
• Support digital transformation initiatives and automation of cost reporting processes
• Coordinate with IT teams for system updates and enhancements
• Collaborate with project, procurement, and finance teams on cost-related matters
• Support project planning, budgeting, and resource allocation activities
• Provide cost insights during project reviews and performance discussions

Necessary Knowledge and Experience:

• 5–8 years of experience in cost control, budgeting, or project finance
• Strong understanding of construction cost structures and project lifecycle
• Industry experience in EPC, construction projects, or similar sectors is required
• Experience in budget preparation, cost tracking, and variance analysis

Education and Certification Minimum Requirements:

• Bachelor’s degree in Engineering, Finance, or related field

Preferred: PMP (Project Management Professional), Cost Control / Project Control certifications

Job Specific Technical Skills:

• Strong Excel and financial modeling skills
• Proficiency in ERP systems (e.g., SAP, Oracle)
• Knowledge of cost control tools and reporting systems
• Ability to perform variance analysis and forecasting
• Proficiency in Power BI and dashboard development for reporting and data visualization