Senior Cost Controller

Fact; Gauteng; On-site; ZAR 600,000 - 850,000; Full time

Job summary

A leading company in project development in South Africa seeks a Project Cost Controller to oversee a R10 billion mega project. The successful candidate will establish a cost control system aligned with governance frameworks, prepare financial reports, and manage project risks. This role requires strong leadership and expertise in engineering, budgeting, and compliance to ensure the project's financial health.

Qualifications

• Minimum 8 years experience in Project Cost Control or Quantity Surveying.
• Strong expertise in integrated cost control systems and governance frameworks.
• Ability to prepare detailed cost reports and manage project financials.

Responsibilities

• Develop and maintain an integrated project cost control system.
• Prepare forecast-based cost reports for stakeholders.
• Monitor project risks and manage contract administration.

Skills

Cost Control

Project Management

Risk Management

Governance

People Management

Education

B Degree / B Tech in Engineering, QS / BCom

Job description

The purpose of this role, among others, is to:

• Develop, maintain, and improve an integrated cost controls system for at least a R10 billion mega project in line with TCTA framework for project development, implementation, governance, and accepted local and international best practices.
• Develop an integrated project cost baseline document for approval by the TCTA Board as part of the project charter.
• Report on project cost performance against TCTA Board-approved project charter budget commitments and forecast cost to completion.
• Develop, maintain, and manage an integrated change and risk management system, including processes, procedures, and internal delegations, to support zero-based reportable annual incidences.
• Develop an integrated cost control governance framework aligned with TCTA project governance framework and ensure adherence to it.

Key Performance Areas:

1. Develop and maintain a governance-based integrated project cost control system.
2. Prepare monthly, quarterly, and annual forecast-based cost reports for internal and stakeholder reporting.
3. Monitor and track project risks and changes against the approved project cost baseline and the project charter budget commitments.
4. Manage change processes against cost baseline documents and contractual commitments.
5. Contract administration and timely payment of invoices.
6. Maintain high standards of cost reporting, ensuring project health status is accurately reflected through tracking and reporting of changes, risks, remaining contingencies, and risk allowances.
7. People management.
8. Participate in progress meetings with service providers.
9. Conduct assurances and audits.

Qualifications: B Degree / B Tech in Engineering, QS / BCom

Experience: 8 years of Project Cost Control or QS experience.