Senior Cost Controller
- Fortescue Metals Group Ltd
- Australia, WA
- Apr 21, 2022
Job Description:
At Fortescue Future Industries (FFI) we are leading the global energy transition by developing a portfolio of renewable energy and green hydrogen projects.
Our large scale, low-cost hydropower, geothermal, solar and wind assets will support establishment of green energy and green product industries around the world.
FFI is committed to building thriving communities by delivering social, environmental and economic benefits.
Position: Senior Cost Controller
Work Location: Perth
Roster: Monday to Friday
Reporting to the Lead Cost Controller, the Senior Cost Control requires knowledge and experience across project controls, cost control, contracts, commercial and construction activities.
The role is responsible for the implementation of project controls management, processes and procedures, development of project control capabilities and the provision of capital budgeting and cost forecasting services and support.
Key accountabilities will include:
- Management of project controls system, processes and procedures to ensure a consistent approach to all project controls activities including capital budgeting, tracking and reporting, cost forecasting, cashflow and performance analysis
- Management of the cost and progress reporting process in order to provide consistent, accurate and timely reporting to the project management team including identification of any required actions to maintain approved baseline targets.
- Providing support and mentorship for the development of junior project controllers
- Ownership, oversight and hands-on participation with key project controls functions including:
- Application of the project Work Breakdown Structure to ensure all systems, processes and reporting reflect the standard approach on the projects
- Support quarterly capital budgeting process and reporting
- Lead the capital appropriation process for projects, monitor purchase orders & contracts in cost system and SAP
- Review and verify invoices, estimate accruals before End of Month and allocating expenses to cost centres and WBSs
- Forecast cost to complete and highlight areas of risk to mitigate cost overruns against baseline plan and budget
- Preparing Monthly and other reports and attending monthly package reviews
- Assist in management of change (MOC) process
- Collect cost and progress information from both internal and external parties to report on earned value, forecast cost to complete (FTC) and forecast final cost (FFC)
- Ability to transpose earned value metrics into tabular S-curve charts, highlighting budget, earned, forecast FTC and FFC
- Work closely with Project Managers to implement the EVM process of cost account status reporting, accruals, schedule status and forecasting, provision of progress and variance analysis reporting
- Ability to monitor and audit cost management system and SAP to ensure accuracy between the two systems and advise management of any significant variances
- Establish positive working relationships with all parties involved
Qualifications and skills required:
- Demonstrated experience managing and reporting the cost components of large-scale, complex capital projects; including developing and managing a progress reporting methodology for a complicated design effort
- Sound understanding of project cost control processes and techniques including methods for transitioning from study estimate to project budget, project cost and cash flow forecasting and analysis
- Exposure to full project life cycle, from concept through to execution, and the associated gate movements
- Demonstrated proficiency and knowledge regarding project cost control systems, finance systems and reporting applications, their database management and administration
- Strong communication skills, ability to interface with project and corporate stakeholders
- High level of computer skill with advanced Microsoft Excel, Word and MS Office package abilities
- Degree qualified (bachelor’s degree in Engineering and/or Commerce/Finance and Project Management) or internationally accredited project controls certification
- At least 5 years project cost control experience at a senior level within a resources environment, preferably including international elements or interfaces
Candidates must be able to bring a flexible mindset, challenge traditional thinking, and be prepared to work outside of their comfort zone.
Our values drive our culture and performance through a strong focus on safety, family and determination. We celebrate and respect people’s differences and commit to providing an inclusive work environment. This is an exciting time to join Fortescue.
We encourage Aboriginal Australians and female candidates to apply.
www.fmgl.com.au/jobs-at-fortescue
Fortescue reserves the right to close applications early should a suitable pool of candidates be identified