Senior Cost Controller
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What you'll do
- Develop, maintain, and manage project budgets, cost plans, and control frameworks.
- Establish project cost baselines and monitor performance against approved budgets.
- Lead the development, implementation, and maintenance of the Project Work Breakdown Structure (WBS) in accordance with project scope, execution strategy, and contractual requirements.
- Develop and maintain the Cost Breakdown Structure (CBS) to support accurate budgeting, cost collection, tracking, forecasting, and reporting.
- Lead and coordinate the project Change Management and Change Control processes from identification through approval and implementation.
- Assess the cost and financial impact of proposed changes, trends, and potential change orders.
- Monitor project expenditures, commitments, accruals, and actual costs against approved budgets and control accounts.
- Monitor project performance using Earned Value Management (EVM) metrics, including Cost Performance Index (CPI) and Schedule Performance Index (SPI).
- Analyze cost variances, identify root causes, and recommend corrective actions
- Prepare weekly, monthly, quarterly, and ad hoc cost reports and project performance dashboards.
- Develop and maintain Estimate at Completion (EAC), Estimate to Complete (ETC), and cash flow forecasts.
- Present project financial status and forecasts during project review meetings
What they're looking for
- Bachelor's Degree in Finance, Accounting, Engineering, Economics, Business Administration, Construction Management, or a related discipline.
- Minimum 8-10 years of progressive experience in Cost Control and Project Controls
- Experience supporting large-scale capital projects within Energy, Oil & Gas, Mining, Infrastructure, Utilities, Manufacturing, Construction, or Industrial sectors.
- Demonstrated experience managing multi-million and/or billion-dollar project budgets and forecasts.
Nice to have
- Professional certifications such as PMP, CCP (Certified Cost Professional), PSP (Planning & Scheduling Professional), or equivalent are considered an asset.
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Company Description
Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.
Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.
Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.
We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world
Who are you?
- You are an expert Senior Cost Controller with a minimum of 10+ years post-graduate experience looking for the next step or are currently undertaking a similar role in a similar environment.
Job Description
- The Senior Cost Controller is responsible for developing, implementing, and managing project cost control processes to ensure projects are delivered within approved budgets and financial objectives. This role provides leadership in budgeting, forecasting, cost monitoring, change management, reporting, and financial analysis while supporting project teams and senior management with accurate and timely financial information.
- The position plays a critical role in the Project Controls function by developing and maintaining the Work Breakdown Structure (WBS), Cost Breakdown Structure (CBS), cost control systems, performance reporting, and change management processes. The Senior Cost Controller ensures alignment between scope, schedule, cost, risk, and contractual requirements throughout the project lifecycle.
Key Responsibilities
- Develop, maintain, and manage project budgets, cost plans, and control frameworks.
- Establish project cost baselines and monitor performance against approved budgets.
- Lead the development, implementation, and maintenance of the Project Work Breakdown Structure (WBS) in accordance with project scope, execution strategy, and contractual requirements.
- Develop and maintain the Cost Breakdown Structure (CBS) to support accurate budgeting, cost collection, tracking, forecasting, and reporting.
- Lead and coordinate the project Change Management and Change Control processes from identification through approval and implementation.
- Assess the cost and financial impact of proposed changes, trends, and potential change orders.
- Monitor project expenditures, commitments, accruals, and actual costs against approved budgets and control accounts.
- Monitor project performance using Earned Value Management (EVM) metrics, including Cost Performance Index (CPI) and Schedule Performance Index (SPI).
- Analyze cost variances, identify root causes, and recommend corrective actions
- Prepare weekly, monthly, quarterly, and ad hoc cost reports and project performance dashboards.
- Develop and maintain Estimate at Completion (EAC), Estimate to Complete (ETC), and cash flow forecasts.
- Present project financial status and forecasts during project review meetings
- Work closely with Project Managers, Planning Engineers, Estimators, Procurement, Finance, Engineering, Construction, and Operations teams.
- Mentor and support junior cost control and project controls personnel.
Qualifications
Education
- Bachelor's Degree in Finance, Accounting, Engineering, Economics, Business Administration, Construction Management, or a related discipline.
- Professional certifications such as PMP, CCP (Certified Cost Professional), PSP (Planning & Scheduling Professional), or equivalent are considered an asset.
Experience
- Minimum 8-10 years of progressive experience in Cost Control and Project Controls
- Experience supporting large-scale capital projects within Energy, Oil & Gas, Mining, Infrastructure, Utilities, Manufacturing, Construction, or Industrial sectors.
- Demonstrated experience managing multi-million and/or billion-dollar project budgets and forecasts.
Additional Information
What's in it for you...
100% covered health and dental benefits for you and your dependents (including paramedical services)
Health spending account, to top up expenses not covered in the benefits program
RRSP option with company matching
Annual learning and development budget
Access to a range of online learning tools, and support for career development and growth
Coverage of one professional membership or license fee per year, if directly related to your role
We believe in work-life balance, so you can recharge and take care of what matters most with vacation, flex and sick days
A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives
Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging
Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.
We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.
We are an Equal opportunity employer who will ensure accommodations are available for applicants with disabilities upon request. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.
Please find out more about us at www.turnerandtownsend.com/
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Join our social media conversations for more information about Turner & Townsend and our exciting future projects:
It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.
Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.
Join our social media conversations for more information about Turner & Townsend and our exciting future projects:
It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.
Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.
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