Senior Project Cost Controller

NC Associates Ltd

Bolton

Hybrid

GBP 50,000 - 60,000

Full time

4 days ago
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Benefits offered by this job

Free Parking
Hybrid Working 2 Days Office Based
Contract to Potential Permanent Opport
Excellent Working Environment
Flexible Working Hours
25 Days Holidays

Job summary

NC Associates collaborates with a growing engineering and project-led organisation in Bolton, Greater Manchester, to recruit a Senior Project Cost Controller on an 18-month contract. You will drive project profitability, strengthen financial governance and support commercial decision-making across the business.

You will work with project managers and senior leadership to provide budgeting and forecasting, analyse monthly results and identify opportunities to improve margins and efficiency, while

Qualifications

  • ACCA/CIMA/ACA qualification or equivalent
  • 5 years' experience in financial and/or project controls
  • Experience with project accounting systems and cost governance
  • Strong Microsoft Excel skills
  • Eligible to work in the UK

Responsibilities

  • Drive project profitability and strengthen financial governance across the business.
  • Support commercial decision-making with financial insight from project performance.
  • Provide budgeting and forecasting activities and analyse monthly results to identify margin opportunities.
  • Own key financial controls including aged WIP and project closure reviews.
  • Lead ad-hoc reporting and management dashboards to inform leadership.
  • Coordinate with HR and project teams on cost rates and pricing tools.

Skills

ACCA/CIMA/ACA qualification
Financial and/or project controls
Advanced Microsoft Excel

Tools

Microsoft Excel

Job description

Senior Project Cost Controller, ACCA, CIMA, ACA Qualified / Qualified by Experience / Bolton - Greater Manchester / Contract Role 18 Months / Excellent Career Opportunity / Growing International Organisation / Salary £50,000 - £60,000 DOE + Benefits
Senior Project Cost Controller Benefits:
  • Salary £50,000 - £60,000 DOE
  • Free Parking
  • Hybrid Working 2 Days Office Based
  • Contract to Potential Permanent Opportunity
  • Excellent Working Environment
  • Flexible Working Hours
  • 25 Days Holidays

NC Associates are working exclusively with a forward thinking and growing engineering and project-led organisation based in Bolton - Greater Manchester to help recruit a Senior Project Cost Controller on a contract basis for 18 Months to cover maternity leave. As a Senior Project Cost Controller you willplay a key part in driving project profitability, strengthening financial governance and supporting commercial decision-making across the business. Youwill work closely with project managers, department heads and senior leadership, you will provide financial insight into project performance, deliver budgeting and forecasting activities, analyse monthly results and identify opportunities to improve margins and operational efficiency. You Will take ownership of key financial controls, including aged work in progress (WIP), project closure reviews, project cost monitoring and pricing tools, ensuring financial risks are identified, challenged and addressed promptly.

This is an excellent opportunity for a commercially minded finance professional with experience in project controls, cost accounting or finance business partnering to make a tangible impact within a complex, project-led environment.

Senior Project Cost Controller Duties
  • Work in conjunction with department heads and project managers to ensure maximum profitability, challenging project performance, identifying and communicating system of financial issues, or by improving finance knowledge outside the finance community.
  • Ownership of business wide financial governance such as Aged WIP and Project closure reviews. Ensure that aged WIP is challenged monthly with clear action plans to address aged and aging items and that projects are closed in a timely manner
  • Escalate project governance issues to CFO through mid-month review process, demonstrating understanding of project life cycle and financial risk.
  • Review monthly project / Production centre performances and prepare variance analysis against budget / forecast for MD review.
  • Present month end performance for DD and S&R BUs to CFO & MD as required.
  • Demonstrate a comprehensive understanding of project trading including drivers of revenue recognition.
  • Own the financial management of relocation costs, allowing these to be fully recovered through the standard costing system, and allowing the business to fully budget and monitor their related tax liability.
  • Act as Controlling interface with HR teams, performing monthly checks on cost rates, identifying and resolving discrepancies.
  • Lead ad-hoc reporting through management dashboards
  • Update of business pricing tools following bi-annual pay review and lead on ongoing pricing tool query
  • Act as role model to other members of the team; modelling constructive challenge, financial acumen and leadership.
  • Support the Assistant Cost Controller to deliver quarterly order backlog information to group, accurately, and on time.
  • Plan and manage own time and workload to achieve business deadlines and collaborating with stakeholders such as the wider finance team and internal customers.
  • Understand the entire arc of the business and how productivity impacts profitability.
  • Commit to maximizing efficiency at all levels without compromising quality.

To be successful in your application for this role you MUST have the following experience

Experience Required
  • ACCA/CIMA Qualified (or equivalent) or qualified by experience
  • Experience of financial and/or project controls required; ideally 5 years.
  • Experience of computerised accounting systems necessary; knowledge of IFS will be valuable but is not essential
  • Strong Microsoft Excel skills and experience in data manipulation
  • You must be eligible to work in UK.
Softer Skills:
  • Capable of explaining complex financial information simply and effectively to audiences without a finance background.
  • Demonstrates a commitment to continuous improvement, seeking out root causes of problems or inefficiencies and implementing change.
  • Strong logical thinking and problem-solving abilities.
  • Successfully meets deadlines both independently and when collaborating with a team.
  • Exceptional attention to detail and outstanding organisational skills.
  • Able to perform well under pressure and handle multiple priorities.
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