Lead Project Cost Control & Forecasting

Exyte GmbH; Kuala Selangor; On-site; MYR 180,000 - 300,000; Full time

Job summary

Exyte GmbH in Malaysia is seeking a Manager – Project Cost Controller to lead cost control across EPC projects, ensuring budgets, forecasts and financial reporting align with contractual requirements.

You will collaborate with Directors, Project Controls, Planning, Procurement and Finance to deliver reliable cost information, manage risks and drive continuous improvement in cost control performance.

Qualifications

• Bachelor's degree in Quantity Surveying, Engineering, Construction Management, Finance, Accounting or another relevant discipline.
• Professional qualifications in project management, cost engineering, quantity surveying or project controls will be an advantage.

Responsibilities

• Lead and oversee the cost control function for assigned projects, ensuring compliance with approved project budgets, company procedures and contractual requirements.
• Develop and maintain project control budgets, internal budgets, cost baselines and budget revisions in collaboration with Project Managers and relevant stakeholders.
• Monitor actual costs, committed costs, accruals, remaining commitments and forecast expenditures throughout the project lifecycle.
• Review cost performance against approved budgets, previous forecasts and project financial targets.
• Lead the preparation and review of monthly project cost reports, management reports, cost dashboards and client-specific cost reports.
• Oversee the preparation of Estimate at Completion (EAC), Estimate to Complete (ETC), cost-to-go forecasts and other relevant project financial projections.
• Analyse project cost performance and provide meaningful insights, recommendations and early warnings to Project Management and senior leadership.
• Coordinate the preparation and review of project cash flow forecasts, including short-term cash flow projections, such as 15-week forecasts where required.
• Identify, assess and monitor project cost risks and opportunities in collaboration with Project Management, Planning, Commercial and other functional teams.
• Maintain and review cost-related risks, opportunities, contingency usage and mitigation actions.
• Assess the potential financial impact of schedule delays, productivity shortfalls, resource constraints, procurement issues and scope changes.
• Work closely with the Planning and Scheduling team to ensure alignment between project progress, milestone dates, resource forecasts and cost forecasts.
• Coordinate with Engineering, Procurement, Construction and Commissioning teams to obtain reliable cost inputs and validate forecast assumptions.
• Ensure manpower forecasts, resource utilisation and associated labour costs are appropriately incorporated into project cost reports.
• Collaborate with Procurement and Subcontracts teams to review purchase orders, subcontract commitments, contract values and anticipated expenditures.
• Monitor committed costs against approved budgets and identify potential commitment overruns or unbudgeted liabilities.
• Verify cost allocations against the relevant WBS elements, work packages and cost codes.
• Ensure compliance with Exyte's applicable project controls procedures, financial policies, approval authorities and reporting standards.
• Oversee the use of project cost management systems and enterprise resource planning tools, including EcoSys, SAP and Microsoft Excel, where applicable.
• Maintain appropriate records for project budgets, forecasts, commitments, changes, risks and management approvals.
• Lead, supervise and develop the project cost control team, ensuring clear accountability, effective workload allocation and timely deliverables.
• Provide technical guidance, coaching and mentoring to Senior Cost Controllers, Cost Controllers and other relevant team members.
• Review the quality and accuracy of cost reports, forecasts, analyses and supporting documentation prepared by the team.
• Build effective working relationships with Project Directors, Project Managers, Project Controls, Commercial, Procurement, Finance and other stakeholders.

Education

Bachelor's degree in Quantity Surveying, Engineering, Construction Management, Finance, Accounting or another relevant discipline

Professional qualifications in project management, cost engineering, quantity surveying or project controls will be an advantage

Tools

EcoSys

SAP

Microsoft Excel

Job description

Exyte GmbH in Malaysia is seeking a Manager – Project Cost Controller to lead cost control across EPC projects, ensuring budgets, forecasts and financial reporting align with contractual requirements.

You will collaborate with Directors, Project Controls, Planning, Procurement and Finance to deliver reliable cost information, manage risks and drive continuous improvement in cost control performance.