Cost Controller

Job Description:

Cost Controller

Position Title: Cost Controller

Department: Finance / Project Controls

Reports To: Cost Control Manager

We are seeking an experienced Cost Controller to support project budgeting, forecasting, cost monitoring, and financial reporting across construction projects. The successful candidate will work closely with project managers, engineers, procurement, commercial, and finance teams to maintain accurate cost information, identify variances, and support effective commercial decision-making. Practical experience with Microsoft Dynamics AX and/or Microsoft Dynamics 365 Finance & Operations (D365 F&O) is strongly preferred.

• Monitor project budgets, commitments, actual costs, and forecasts.
• Prepare regular cost reports, cash flow forecasts, and budget-versus-actual analysis.
• Support the preparation of Estimate at Completion (EAC) and Cost to Complete (CTC) forecasts.
• Identify cost variances and work with project teams to understand and address them.
• Maintain accurate cost data within the project Cost Breakdown Structure (CBS) and Work Breakdown Structure (WBS) structures.
• Review purchase orders, subcontract commitments, invoices, and variation costs.
• Support monthly Work in Progress (WIP) reporting and month-end financial close activities.
• Maintain accurate project information within Microsoft Dynamics AX and/or D365 F&O.
• Assist with project audits, internal controls, and financial compliance.
• Prepare management reports and dashboards using Excel or Power BI.
• Support improvements to cost-control processes and reporting accuracy.

• Budget and forecast accuracy.
• Timeliness of project cost reporting.
• Cost-to-Complete and WIP accuracy.
• Identification and reduction of cost variances.
• ERP data accuracy and completeness.
• Month-end reporting performance.
• Cash flow forecasting accuracy.
• Compliance with internal controls and audit requirements.

• Education: Bachelor’s degree in Civil Engineering, Construction Management, Finance, Accounting, Quantity Surveying, Economics, or a related discipline.
• Certifications: Professional certifications such as CPA, ACCA, CMA, CIMA, PMP, CCP, or MRICS are advantageous but not essential.
• Total
  
  Experience:
  
  5–8 years of experience in project cost control, preferably within the construction sector.
• Hands-on
  
  Experience:
  
  At least 2–3 years of hands‑on responsibility for project budgeting, forecasting, and cost reporting.
• Experience supporting medium to large-scale construction projects.
• Practical experience using Microsoft Dynamics AX and/or Microsoft Dynamics 365 F&O.
• GCC construction experience is advantageous.

• Construction costing and project accounting.
• CBS and WBS structures.
• Budgeting, forecasting, and variance analysis.
• Estimate at Completion (EAC) and Cost to Complete (CTC) reporting.
• Cash flow and WIP analysis.
• Procurement and contract cost administration.
• Advanced Microsoft Excel skills.
• Microsoft Dynamics AX and/or D365 F&O expertise.
• Power BI knowledge (advantageous).
• Strong communication, analytical, and reporting skills.