Junior Cost Controller

Location: Richards Bay Posted Date: August 14, 2019
Employer: To view company name. See instructions below
Employer Job Id: 323138469 Careermine Job Id: 1796036
Requisition ID: 20704

Job Category:Project Controls

With over six decades of business and technical experience in the mining, energy, and infrastructure sectors, we understand that challenges are changing rapidly in every industry. We respond quickly with solutions that are smarter, more efficient, and innovative. We draw upon our 9,000 staff with experience in over 150 countries to challenge the status quo and create positive change for our clients, our employees, and the communities we serve.

The Cost Controller will be responsible for Cost Control Services including but not limited to those of cost estimating, budget control, cost forecasting, cost reporting and cost risk analysis.

Responsibilities :
  • Maintain a healthy project within the project budget and ensure compliance to project governance
  • Designs and formulates the financial control for a project and should be able to develop and execute the Cost Management Plan and provide the Project Manager with accurate and up to date cost information to facilitate sound project decision making.
  • Finalize coding of all detailed estimate line items using baselined project control budget in order to establish package/control budgets.
  • Monitors planning and project / progress achievements of milestones and using the project schedule to generate data and curves for each cost profile.
  • Takes part in the financial aspects of the tender process. Assign budget for procurement packages, perform budget reconciliation or scope and pricing and produce reconciliation statement to support recommendations for award.
  • Reviews payment applications in compliance with contract agreements and approves payment certificates.
  • Record and maintain commitments based on procurement contracts, contract amendments, contract change notices, PO revisions
  • Attend periodic reviews and establish and maintain forecasts for all packages and ensure full coding, based on EPCM status report, expenditures (ex Project Accountant) and project changes/trends (e.g. Trend and Change Coordinator)
  • Forecast project contingency requirements, escalation, forex, currencies etc.
  • Import detailed actual cost and commitment data into cost system and run complete detailed baseline cost report by package
  • Participate in the trending and change management process and incorporate approved trends into the project estimate at completion.
  • Update and maintain budget with approved PCNs
  • Produce cost reports and analyze variances
  • Generate data and curves for each cost profile (baselines and periodic updates)
  • Update budget, commitment, forecast, payment and cost statement for monthly report.
  • Obtain EPCM cost and progress info and update EPCM status report
  • Attend periodic reviews and establish and maintain forecasts for all packages
  • Good knowledge of project management principles
  • Presentation skills

    Qualifications and Experience
  • Tertiary qualification in engineering or related discipline or appropriate project related experience
  • A minimum of 5-10 years experience as a Cost Controller/Cost Technician in a multidiscipline project environment.
  • Computer literacy
  • Strong personal commitment to safety
  • Good analytical, oral and written communication skills
  • Be fully versed with cost control principles, policies and procedures and financial systems


We are committed to fostering a workforce in each of our locations that reflects the diversity of the communities in which we operate. Hatch is an Equal Opportunity Employer that considers employment applicants without regard to age, race, colour, national origin, citizenship, religion, creed, sex, sexual orientation, marital status, disability or any other protected status. If you have any special needs requirements, please let us know. We will do our utmost to accommodate, in accordance with applicable local legislation.

Job Segment: Accounting, Engineer, Procurement, Project Manager, Change Management, Finance, Engineering, Operations, Technology, Management