Senior Cost Control Specialist
1 week ago
Job Summary
We are seeking a highly skilled Cost Control Specialist to join our team at Wood. As a key member of our project delivery team, you will be responsible for ensuring the accurate and timely management of project costs.
Key Responsibilities
- Develop and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes.
- Develop project budget in accordance with project estimate and CTR Catalogue.
- Manage the project work approval process in terms of accurate cost code allocation and initial budget set-up and approvals.
- Develop and maintain project cost plans using appropriate software applications.
- Monitor and control cost commitments and expenditures through all phases of project lifecycle.
- Liaise with project management, project planning and others as required to ensure accuracy in project cost phasing and forecasting.
- Liaise with procurement, finance and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs.
- Ensure costs are allocated accurately in accordance with approved project WBS.
- Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule and cost forecast.
- Provide copies of project cost performance reports in accordance with project reporting requirements.
Requirements
To be successful in this role, you will need to have a strong understanding of cost management principles and practices, as well as excellent communication and interpersonal skills. You will also need to be able to work effectively in a team environment and be able to manage multiple priorities and deadlines.
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