Junior Project Cost Controller

Aversan Inc.; Ottawa; Hybrid; CAD 60,000 - 90,000; Full time

Job summary

An established industry player is seeking a Junior Project Cost Controller to join their dynamic team in Ottawa. This full-time role offers a hybrid work schedule, allowing for flexibility while engaging in exciting projects within the aerospace and defense sectors. The successful candidate will play a crucial role in financial management, ensuring accurate cost control and budget preparation. This position is ideal for those with a background in finance and a passion for project management, as you'll collaborate closely with project teams to deliver timely and reliable financial reports. If you're ready to take your career to the next level in a supportive and innovative environment, this opportunity is for you.

Qualifications

• 1-3 years experience in project cost controlling in large organizations.
• Knowledge of project management and project lifecycle.

Responsibilities

• Provide financial support to project teams and perform cost control.
• Prepare project budgets and manage financial reporting.

Skills

Cost Control

Project Financial Management

Budget Preparation

Financial Reporting

SAP

Primavera

Excel

Education

Bachelor of Commerce

Bachelor of Arts (Accounting)

Tools

SAP

Primavera

Excel

Job description

Aversan Inc. (www.aversan.com) is a trusted multi-service engineering and electronics manufacturing company. Aversan delivers leading-edge and reliable safety-critical electronics and software systems to the aerospace, defense, and space industries.

We are currently seeking a qualified Junior Project Cost Controller to work on leading-edge technology products. The successful candidate for this full-time position will be a part of a highly motivated and highly technical work environment that feeds off the collective energy of a team-oriented workplace.

Location: Ottawa, ON

Schedule: Hybrid; 2 days remote

Travel: Occasional domestic.

Description

• 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 clients accounting and internal control process and deliver reliable and documented reports on time.
  
  

Responsibilities.

• Responsible for cost control and ensures that it is in conformance with the company’s policy.
• Develop and prepare 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 (OBR).
• 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 the 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.
  
  

Basic Qualifications

• 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)
  
  

About The Client

Aversan recruits top professional talent in the industry, providing quality software, hardware and systems engineering solutions for a variety of industries and applications. Upon reviewing each candidate's information, Aversan will only contact eligible individuals for the above-mentioned positions.