Cost Controller

Job Description : SENIOR PROJECT COST CONTROLLER NIGERIA A leading Oilfield Equipment, Structural Steel, Marine Structures Engineering, and Fabrication Company is looking for a Senior Project Cost Controller to join their Finance team. The Controller will play a critical role in managing and controlling project costs, ensuring that projects are completed within budgetary constraints while maintaining high standards of quality and efficiency. Cost Analysis: Conduct in-depth analysis of project costs, emphasising materials, labour, and overhead, with a keen eye for identifying cost-saving opportunities. Budgeting and Forecasting: Develop and manage project budgets, collaborating closely with project managers and department heads to ensure alignment with financial objectives. Provide accurate forecasts and variance analysis to support decision-making. Inventory Optimisation: Implement strategies to optimise inventory levels, balancing cost efficiency with production requirements to minimise carrying costs and ensure timely availability of materials. Process Enhancement: Continuously evaluate cost control processes and procedures, seeking opportunities for improvement and efficiency gains. Recommend and implement best practices and system enhancements as needed. Cost Reporting: Generate comprehensive cost reports for management review, highlighting key cost drivers, variances, and trends. Offer actionable insights and recommendations to support strategic planning. Contract Review: Review contracts, purchase orders, and vendor agreements to ensure pricing accuracy and compliance. Identify potential cost-saving opportunities and negotiate favourable terms when feasible. Risk Management: Assess financial risks associated with cost control and develop mitigation strategies to protect the company's financial interests. Cross- Functional Collaboration: Foster strong collaboration with cross-functional teams, including engineering, procurement, production, and finance, to optimise cost efficiencies and achieve organisational goals. Bachelor’s degree in finance, Accounting, or related field ICAN, ACA, ACCA, or CIMA 15+ years proven experience in project cost control within the oil and gas engineering services industry. Strong understanding of project management principles and practices.

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