Cost Controller and Budgeting (Data Center)

Monroe Consulting Group; Indonesia; On-site; IDR 600,000,000 - 1,200,000,000; Full time

Job summary

Monroe Consulting Group is assisting a leading data center company in Indonesia by recruiting a Cost Control & Budgeting Manager. The role oversees company-wide budgeting, forecasting, cost monitoring, and variance analysis across operating expenditure, manpower costs, corporate overhead, and capital projects.

The ideal candidate will have a Bachelor's degree in Finance or related field, 8+ years in budgeting/FP&A, and strong Excel/ERP skills, plus excellent English communication.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business or related discipline.
• Minimum 8 years of budgeting, cost control, FP&A, project finance, or related finance experience.
• Proven experience managing company-wide annual budgeting and periodic forecasts.
• Strong experience in OPEX, CAPEX, manpower expenditure, and corporate overhead budgeting and control.
• Demonstrated experience with variance analysis and root-cause identification.

Responsibilities

• Lead the preparation and consolidation of the company's annual budget and periodic forecasts.
• Develop detailed budgets by department, cost center, project, account, and expenditure category.
• Coordinate with budget owners to set realistic OPEX, manpower, overhead, and CAPEX assumptions.
• Review budget submissions and challenge assumptions to align with business priorities.
• Monitor actual expenditure against budgets and forecasts across departments and projects.
• Perform budget-versus-actual and forecast-versus-actual variance analysis and investigate variances.
• Identify cost overruns and financial risks, providing timely warnings and recommendations.
• Track budgets for data center construction, fit-out, expansion, and capital projects.
• Prepare management reports covering budget performance, risks, variances, and cost trends.

Skills

Budgeting

Forecasting

FP&A

Variance analysis

OPEX budgeting

CAPEX budgeting

Cross-functional collaboration

Excel

English proficiency

Education

Bachelor's degree in Finance/Accounting/Economics/Business

Tools

MS Excel

ERP systems

Financial reporting software

Job description

Monroe Consulting Group is currently assisting a leading data center company in Indonesia in their search for a Cost Control & Budgeting Manager. The role will be responsible for company-wide budgeting, forecasting, cost monitoring, variance analysis, and cost governance across operating expenditure, manpower costs, corporate overhead, and capital projects.

Job Responsibilities

• Lead the preparation and consolidation of the company's annual budget and periodic forecasts.
• Develop detailed budgets by department, cost center, project, account, and expenditure category.
• Coordinate with department heads and budget owners to establish realistic OPEX, manpower, corporate overhead, and CAPEX assumptions.
• Review and challenge budget submissions to ensure assumptions are properly supported and aligned with business priorities.
• Monitor actual expenditure against approved budgets and forecasts across departments and projects.
• Perform detailed budget-versus-actual and forecast-versus-actual variance analysis and investigate material variances and their root causes.
• Identify potential cost overruns, financial risks, and unfavorable cost trends, providing management with timely early warnings and recommendations.
• Monitor budgets and expenditures related to data center construction, fit‑out, expansion, and other capital projects.
• Track project commitments, purchase orders, contracts, actual spending, forecasts, and projected cost-to‑completion.
• Review project cost assumptions and provide independent financial challenge to project teams where necessary.
• Coordinate with Finance, HRGA, Procurement, Operations, Engineering & Construction, PMO, Corporate IT, Sales, Legal, and other budget owners.
• Work with external quantity surveyors, consultants, contractors, and equipment vendors in relation to project cost monitoring and control.
• Ensure expenditures are properly budgeted, authorized, recorded, forecast, and controlled.
• Develop and continuously improve budgeting, cost‑control, and management reporting processes.
• Prepare management reports covering budget performance, financial risks, significant variances, cost trends, and recommended corrective actions.

Job Requirements

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related discipline.
• Minimum 8 years of relevant experience in budgeting, cost control, FP&A, project finance, or related finance functions.
• Proven experience managing company‑wide annual budgeting and periodic forecasting processes.
• Strong experience in OPEX, CAPEX, manpower expenditure, and corporate overhead budgeting and control.
• Demonstrated experience conducting detailed variance analysis and identifying the underlying drivers of budget deviations.
• Experience in project-based cost control, preferably within data center, construction, infrastructure, property, engineering, or other capital-intensive industries.
• Experience working across multiple departments, projects, business units, or legal entities is preferred.
• Strong ability to independently review and challenge cost assumptions and budget submissions from business stakeholders.
• Experience working closely with senior management and cross-functional budget owners.
• Experience coordinating with project teams, procurement, contractors, consultants, or external quantity surveyors is advantageous.
• Advanced proficiency in Microsoft Excel and familiarity with ERP, budgeting, or financial reporting systems.
• Good command of written and spoken English.