Project Cost Controller IMCC070926

ProjectLink; Rustenburg; On-site; ZAR 240,000 - 360,000; Full time

Job summary

ProjectLink seeks a Project Cost Controller in Rustenburg for a 3‑month, onsite contract. You will monitor the Capital Budget, compare budget vs actuals, and produce monthly cost reports.

Requirements: National Diploma or Bachelor's in Cost Management or Finance; CCP/CCT advantageous; 15 years of mining cost-control experience; SAP, Excel pivot, and Power BI proficiency.

You will coordinate forecasts, cost transfers, and vendor payments while ensuring governance and timely closeout.

Qualifications

• National Diploma or Bachelor's Degree in Cost Management, Finance or related field.
• CCP or CCT qualification is an advantage.
• 15 years of experience as a project cost controller in mining.
• Experience using SAP, Excel pivot tables and Power BI.

Responsibilities

• Control the approved Capital Budget and ensure accurate comparisons between order details and the approved Capital Budget.
• Identify cost overruns and trends by comparing budget versus actual costs and schedule performance.
• Compile cost variances and assess potential impacts with relevant teams.
• Record actual costs accurately for monthly reporting to the Project Manager and stakeholders.
• Generate Plan vs Actuals, Cash flow forecasts, BAC and EAC reports.
• Manage project contingency per management/client protocols and forecast time-phased costs.

Skills

Cost control

Financial analysis

Education

National Diploma in Cost Management

Bachelor's Degree in Finance

Quantity Surveying

Tools

SAP

Excel pivot tables

Power BI

Job description

Location: Rustenburg

Job Type: 3 month contract, expected to work Full-Time hours (Onsite)

Job Title

Project Cost Controller

Key Responsibilities

• Control the approved Capital Budget by ensuring accurate comparisons for management visibility, between order detail and the detail within the approved Capital Budget before placement of orders/contracts.
• Control over the approved Capital Budget by timeous identification of potential cost overruns and negative trends against Contracted / Order amounts by being actively involved in the project and by scrutinizing the details of the monthly budget versus actual quantities and costs together with schedule performance and trends.
• Compiling cost variances (including all change notices) and obtaining potential cost impacts of variances from relevant team members timeously.
• Accurate and timeous recording of actual costs incurred to ensure accurate reporting of cost status at each monthly interval to the Project Manager, Controls Manager, and external stakeholders.
• Generating Reports and reports on:
• Plan vs Actuals.
• Cash flow forecasts.
• BAC and EAC.
• Manage project contingency in accordance with management/client’s protocols.
• Drawing trends, forecasting, and generating time-phased cost flows reflective of project estimate at completion per control account.
• Preparation of budget impacts and sourcing of funds resulting from a request for change.
• Ensures timeous processing of approved transfer of funds as and when required, resulting from approved change requests.
• Generating Monthly Cost Reports to indicate true cost status and key project cost metrics for decision-making and corrective actions.
• Ensures timeous settlement of final accounts and order closeout upon completion of work.
• Ensures governance and/or Limits of Authority followed in terms of Budget Limits for approvals.
• Coordinate and compile project cost forecasts.
• Day-to-day cost control including verification of time sheets and/or other supporting documentation.
• Communicate due dates for payments to stakeholders.
• Expediting payments of invoices including verification of supporting documentation.
• System training may be offered by the client to enable you to assist with:
• Running reports on SAP
• Raise orders into SAP.
• Load invoices into SAP.
• Emergency order and payment in SAP.
• Load new contracts into SAP.
• Balancing SAP CAS accounts monthly and completing SAP month end.
• Verification of all quotes and invoices for correctness before processing and submission for signatures.
• Assist client/management with Project closure, closeout, Lessons learnt, etc. and reporting
• Assist on Procurement activities like PO Amendments, Scope finalising, expediting approvals on PR and PO,
• Track outstanding Procurements and facilitate sessions with End users and Procurement departments to finalise its processing,
• Update Procurement dashboard for management presentations,
• Consistent follow up with suppliers and contractors for cash flow forecast and cost timing updates,
• Draw reports from SAP (Budget, Actuals, Commitments),
• High level knowledge of EVM, CPI and SPI,
• Assist in generating / completing Change control reports in terms of Cost and Cashflow forecast
• Draft and update the PoP (procurement operating plan),
• Daily & weekly updates and record keeping of the in progress, outstanding and overdue requisition and purchase order file,
• Some expediting – adherence to schedule promised delivery dates,
• Track import freight,

Requirements

• National Diploma or Bachelor's Degree in: Cost Management, Quantity Surveying, Finance or Accounting
• CCP or CCT qualification is an advantage
• 15 years of experience as a project cost controller in mining
• Must have experience using the following software:
  • SAP
  • Excel pivot tables
  • Power BI