Specialist Project Cost Control

Exyte; Selangor; On-site; MYR 90,000 - 150,000; Full time

Job summary

Exyte in Malaysia (Selangor) is seeking a Cost Controller to support the Project Cost Controls System and Management Reporting. You will manage project setup, cost reporting, forecasts and budget control across assigned projects.

You will compile historical cost data, monitor variances, and prepare monthly cost reports and cash flow, collaborating with finance and project teams to ensure accurate cost information for decision making.

Qualifications

• Degree in quantity surveying, business administration, engineering, construction management, finance, or related field.
• Minimum 3 years of experience in commercial project management or cost control.
• Experience with cost forecasting, budgeting, and management reporting.

Responsibilities

• Project Setup: review WBS and budgets with Procurement & Subcontracts Leads, Commercial Leads and Project Managers.
• Cost Reporting & Controls: prepare revenues/budgets/commitments/forecasts and cash flows as per reporting requirements; monitor costs and verify allocations.
• Monitor actual and committed costs; analyze trends and update forecasts; verify cost allocations by Work Package.
• Prepare monthly Cost Reports (Ms Excel) and Client reports as required.
• For high value projects, support Senior Cost Controller in Cost Reports and GPR.
• Prepare monthly Cash Flow and weekly Cash Flow statements.
• Maintain Change Orders, Budget Transfers, Trends Register; prepare supporting documents.
• Assist PMs with estimates and supporting documentation for CO submission to Clients.
• Prepare billing memos with supporting documents for Finance to process invoices in SAP.
• Internal liaison with Finance/Procurement/Operations to ensure accurate cost recording and resolve discrepancies; troubleshoot reporting data.
• Support Project Manager in risk review process and maintain an updated risk register.

Skills

Cost control

Project controls

Forecasting

Budget management

WBS setup

Cash flow forecasting

Earned value analysis

Management reporting

Excel

Stakeholder liaison

Education

Degree in relevant field

Tools

SAP

MMS

Job description

Discover your exciting role

The Cost Controller supports Project Cost Controls System and Management Reporting. The role:

• is accountable for project set-up, cost reporting, forecasting, budget management, cash flow visibility, and earned value analysis across the assigned projects.
• ensures that project cost performance is accurately measured, risks and opportunities are clearly reported, and commercial project management teams receive reliable information to support timely business decisions.
• supports Department Head to compile historical cost data, benchmark information, and lessons learned.
• Supports Senior Cost Controller in cost reporting for higher value projects
• Manages Project Cost Reporting for project value less than EUR 10M

Explore your tasks and responsibilities

1. Project Setup

• Liaise with Procurement & Subcontracts Leads, Commercial Leads and Project Managers to review and set up Work Breakdown Structure (WBS) and Work Package / project budgets.

2. Cost Reporting & Controls

• Prepare reports on revenue (as sold), internal budgets, commitments, budget transfers, change and variation orders; forecasts and cash-flows in-line with internal management reporting requirements
• Monitors and updates the actual and committed cost periodically and analyses these costs and trendsVerify cost allocations according to Work Package
• Prepare monthly Cost Report (Ms Excel), and Client’s Reports as required
• For high value projects, support Snr Cost Controller in compiling and preparation of Cost Report and GPR
• Prepare monthly Cash Flow and weekly Cash Flow
• Monitor and identify variance from project current budget and previous EAC and report accordingly
• Maintain Change Order, Budget Transfers, Trends Register and prepare supporting documents
• Assist PMs and Project Commercial Managers with estimates and supporting documentation for CO to be submitted to Clients
• Prepare billing memo with supporting documents for Finance to prepare invoices and entries into SAP
• Internal liaison with Finance/Procurement/Operations to maintain efficient & accurate recording of cost expenditure and manage discrepancies for preparation of accurate and complete cost reports
  • Troubleshoot cost abnormalities in reporting data and liaise with relevant parties as necessary
  • Provide the support to Finance for External Audit and Tax Audit
  • Support Project Manager in risk review process and maintain an updated risk register
  • Support Project Manager to coordinate with all disciplines and providing input to the Manpower Management System (MMS)

Show your expertise

• Degree in quantity surveying, business administration, engineering, construction management, finance, or a related discipline.
• Minimum 3 years of relevant experience in commercial project
• management, cost control, project controls, quantity surveying, or financial project management.
• Strong experience in project cost forecasting, budget control, earned value analysis, cash flow forecasting, and management reporting.
• Good knowledge of cost control, cost forecasting, project accounting, and commercial reporting.