Senior Cost Control Specialist

EXYTE SINGAPORE PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading company in engineering solutions seeks an experienced Cost Control Manager for their projects in Singapore. The role involves managing budgets, financial reporting, and coordinating with procurement and project teams to ensure comprehensive financial oversight. Candidates should have a strong background in engineering, proficiency in ERP and cost control systems, and excellent communication skills.

Qualifications

• Minimum 10 years in engineering & construction; 5 years in cost control.
• High competency in MS Excel (Intermediate to Advance), Power Point and Word.
• Fluency in English required.

Responsibilities

• Ensure accurate reporting of revenue and costs on time.
• Prepare monthly cost reports and cash flows; monitor actual and committed costs.
• Liaise with finance and project managers for cost management.

Skills

Analytical Skills

Communication

Cost Control

Financial Reporting

Education

Diploma in Engineering or Science

Tools

MS Excel

SAP

EcoSys

Job description

Job Responsibilities

• To ensure the completeness and accuracy of revenue and cost are reported on timely basis.
• Liaise with Procurement & Subcontracts Leads and Project Managers to review and set up Work Breakdown Structure (WBS) and Work Package / project budgets.
• Preparing 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 trends;
• Verify cost allocations according to Work Package;
• Prepare monthly Cost Report (Ms Excel or EcoSys) and GPR, and Client’s Reports as required;
• Prepare monthly Cash Flow and 15 weeks 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 with risk process and maintain an updated risk register;
• Support Project Manager to coordinate with all disciplines and providing input to the Manpower Management System (MMS);
• Prepare Project and Management ad hoc reports;
• Assist Senior Project Controls Manager to coordinate with SEA projects for cost report, GPR and risk register and prepare consolidation reports.
• Flexibility regarding physical location(s) where duties will be carried out i.e. working in multiple locations throughout Singapore.
• International work assignments – Whilst not compulsory, a willingness to accommodate would be mutually beneficial.
• Due to the complex and fast track nature of many of Exyte’s Projects an extensive period of familiarisation is required. Hence it is envisaged that there will be a gradual transfer into all of the roles and responsibilities stated herein.

Job Requirements

• Diploma in Engineering or Science
• Minimum 10 years working experience in engineering & construction environment and minimum 5 years of cost control experience
• High level of Competency in the use of MS Excel (Intermediate to Advance), Power Point and Word.
• Experience in ERP System (SAP preferred) and Cost Control System (EcoSys preferred)
• Must be fluent in the English language and be an effective communicator