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Cost Controller

Company: Sterling and Wilson Solar
Location: Scottsdale
Posted on: January 13, 2022

Job Description:

The Cost Controller is responsible for controlling the project costs. This includes planning, developing, controlling, and forecasting the project's budget. The goal of the Cost Controller is to minimize the deviation from the budget and ensure that the project is completed within the approved budget. Primary Duties and Responsibilities (subject, but not limited to):

  • Adhere to established Cost Control systems and reports within the Organization including booking & capturing of cost in SAP.
  • Work closely with the Project Management team and advise them regularly on cost control of multiple projects across the company (SWSS, USA).
  • Main role involves monitoring and controlling cost task-wise/WBS-wise and flagging variances immediately to the project management.
  • Support in the preparation of various MIS reports.
  • Analyze and submit weekly cost reports (all data comes from SAP & Finance team).
  • Coordinate and review monthly cost reports prepared by Commercial team.
  • Monitor project budget and cash flow and provide forecasts.
  • Revise budgets based on the forecast if necessary and administer changes in BOQ in SAP.
  • Track all variances and analyze underlying reasons for such variations.
  • Allocation of budget to procurement, subcontracting, and overheads.
  • Support Project Manager for escalating claims/invoices.
  • Help escalate the variation orders and claims with the right documentation.
  • Coordinate with Finance dept to develop and track cash outflow forecast.
  • Coordination and certification of subcontractor invoices and maintaining a record of their progress, payments, L/Cs, BGs, and variation orders.
  • Ensure that all project expenses are booked under proper and correct task codes/WBS.
  • Should have hands-on knowledge of SAP and reporting.
  • Generate project health reports in terms of project financials.
  • Monitor Productivity at project site W.R.T. budget/schedule and develop productivity norms (formats available to capture inputs and weekly reports to be generated).
  • Provide inputs to bidding and estimation teams on the manpower and equipment requirements and productivity assumptions, as required. Skills/Qualifications:
    • Knowledgeable in Total Cost Management Concepts and Terminologies
    • Knows how to allocate the budget and establish a Cost Baseline
    • Knows Earned Value Management (EVM)
    • Can analyze a cost report, detect issues, and effectively communicate the project's cost performance, issues/ concerns, & recovery plans to the project team
    • Proficient in Microsoft Office, especially Excel
    • Exceptionally well organized with an aptitude for data
    • Outstanding communication skills, both written and verbal
    • Solid networking and interpersonal skills
    • Able to generate budgets and reports
    • Strong presentation skills, able to explain concepts concisely and accurately
    • Able to develop strong, cooperative relationships with department heads
    • Creative thinking skills and ability to solve problems Education and Experience
      • Bachelor's degree in finance, business administration, or construction management.
      • CCT credential or higher-level CCP, preferred.
      • Minimum 5 years experience.

Keywords: Sterling and Wilson Solar, Scottsdale , Cost Controller, Accounting, Auditing , Scottsdale, Arizona

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