Project Cost Controller

Position: Project Cost Controller - Fixed Term
Location:

Ottawa, Canada In fast changing markets, customers worldwide rely on Thales. Thales is a business where brilliant people from all over the world come together to share ideas and inspire each other. In aerospace, transportation, defence, security and space, our architects design innovative solutions that make our tomorrow's possible.

For decades, Ottawa has been a global technology leader. Today, Canada’s capital holds one of the brightest and most diverse technological ecosystems in North America. Voted as Canada’s best place to live 2017 by Maclean's, Ottawa offers a low cost of living with a high quality of life. The Thales Ottawa office has been a major supplier and long-term trusted partner to DND, enabling the Canadian Armed Forces and the Canadian Coast Guard to achieve mission success.

This position is Hybrid Ottawa

Project Cost Controller – Fixed Term

Position Summary

We are searching for a Project Cost Controller for a current vacancy on our team in Ottawa, Ontario Canada.

To provide financial support to the project(s) team(s).

To represent Finance within the PMO organization and support Project Management for economical, finance and administrative tasks.

To perform cost control, billing, and project financial management function.

To compile Thales accounting & internal control process and deliver on time with reliable and documented information and reports.

Regulatory Compliance Requirement

This position requires direct or indirect access to hardware, software or technical information controlled under the Canadian Export Control List and/or the US the Export Administration Regulations (EAR). All applicants must be eligible or able to obtain authorization for such access.

Key Areas of Responsibility

Responsible for cost control and ensures that it is in conformance with company’s policy.

Develop and prepares project budget and contract changes.

In collaboration with PMO, maintains financial budget and Estimate At Completion in Primavera;
Validates jointly with Project Management Office and Finance Manager to resolve any inconsistency and Estimate at Completion changes.

Prepares, validates with Project Manager the monthly re-forecasting of Sales, Gross Margin, Cost Variance, Adjusted Gross Margin and Cash-in and ensures that the information is in time to be integrated on the monthly Company Operational Budget Review (O ).

Project Cash monitoring and liaises with the Company’s Treasurer on project cash flow, foreign exchange exposure, hedging activities and customer cash collection.

Produces monthly project report (Dashboard) and forecasts data package with major risks and opportunities identified. Of which main tasks are:
Actual cost validation, Commitment cost validation, Estimate to Complete (ETC) validation and control check;
Produces external weekly and monthly reporting as required, monitoring actuals and budgets;
Produces external task forecasts of project burn-rate for level of effort contracts as required.

Supports Business Control Manager in the monthly Project Control Group processes – Timesheet Admin, monthly programmatic consolidation of all projects, financial analysis.;
Prepares project pricing and supports internal pricing specialist on bids;
Supports and provides timely project billing.

Works on establishing overarching global project processes for improved monitoring and control.

Performs special project assignments as requested.

Minimum Requirements

Bachelor of Commerce or Bachelor of Arts (major in accounting), and/or similar education and equivalent experience

1-3 years of experience in large multi-national or national organizations, in the Defense & Security sector or previous experience in project cost controlling

Experience working on projects and knowledge of basic project management and the project lifecycle.

Knowledge and previous experience working with different business systems and tools (i.e. SAP, Primavera and Excel)

Special Position Requirements

Schedule:

40 hours per week. Hybrid position – a mix of working from home.

Travel:
Occasional domestic.

The reference Total Target Compensation (TTC) market range for this position, inclusive of annual base salary and the…