Job Title: Project Cost Controller
Location: Rustenburg
Job Type: 6 month contract, expected to work Full-Time hours (Onsite)
Key responsibilities
• Control the approved Capital Budget by ensuring accurate comparisons for management visibility, between order detail and the detail within the approved Capital Budget before placement of orders/contracts.
• Control over the approved Capital Budget by timeous identification of potential cost overruns and negative trends against Contracted / Order amounts by being actively involved in the project and by scrutinizing the details of the monthly budget versus actual quantities and costs together with schedule performance and trends.
• Compiling cost variances (including all change notices) and obtaining potential cost impacts of variances from relevant team members timeously.
• Accurate and timeous recording of actual costs incurred to ensure accurate reporting of cost status at each monthly interval to the Project Manager, Controls Manager, and external stakeholders.
• Generating Reports and reports on:
o Plan vs Actuals.
o Cash flow forecasts.
o BAC and EAC.
• Manage project contingency in accordance with management/client’s protocols.
• Drawing trends, forecasting, and generating time-phased cost flows reflective of project estimate at completion per control account.
• Preparation of budget impacts and sourcing of funds resulting from a request for change.
• Ensures timeous processing of approved transfer of funds as and when required, resulting from approved change requests.
• Generating Monthly Cost Reports to indicate true cost status and key project cost metrics for decision-making and corrective actions.
• Ensures timeous settlement of final accounts and order closeout upon completion of work.
• Ensures governance and/or Limits of Authority followed in terms of Budget Limits for approvals.
• Coordinate and compile project cost forecasts.
• Day-to-day cost control including verification of time sheets and/or other supporting documentation.
• Communicate due dates for payments to stakeholders.
• Expediting payments of invoices including verification of supporting documentation.
• System training may be offered by the client to enable you to assist with:
o Running reports on SAP
o Raise orders into SAP.
o Load invoices into SAP.
o Emergency order and payment in SAP.
o Load new contracts into SAP.
o Balancing SAP CAS accounts monthly and completing SAP month end.
o Verification of all quotes and invoices for correctness before processing and submission for signatures.
• Assist client/management with Project closure, closeout, Lessons learnt, etc. and reporting
• Assist on Procurement activities like PO Amendments, Scope finalising, expediting approvals on PR and PO,
• Track outstanding Procurements and facilitate sessions with End users and Procurement departments to finalise its processing,
• Update Procurement dashboard for management presentations,
• Consistent follow up with suppliers and contractors for cash flow forecast and cost timing updates,
• Draw reports from SAP (Budget, Actuals, Commitments),
• High level knowledge of EVM, CPI and SPI,
• Assist in generating / completing Change control reports in terms of Cost and Cashflow forecast
Requirements
National Diploma or Bachelor's Degree in: Cost Management, Quantity Surveying, Finance or Accounting
CCP or CCT qualification is an advantage
15 years of experience as a project cost controller
Must have experience using the following software:
· SAP
· Excell
· Power BI