Project Cost Control

Job Description

The Project Cost Controls professional is responsible for planning, monitoring, analysing, and reporting project costs to ensure projects are delivered within approved budgets. The role requires hands-on experience in Work Breakdown Structure (WBS) and/or SAP to manage cost tracking, forecasting, and financial reporting across the project lifecycle. 

• Develop and maintain project budgets aligned with approved scope and WBS 
• Establish cost control structures using WBS and cost codes 
• Support project baseline creation and budget revisions 
• Track actual costs against budget and forecast using SAP or WBS-based systems 
• Identify cost variances, trends, and potential overruns 
• Prepare cost forecasts, cash flow projections, and estimate-at-completion (EAC) 
• Prepare weekly and monthly cost reports for project stakeholders 
• Analyse cost performance and provide corrective action recommendations 
• Support earned value management (EVM) where applicable 
• Maintain accurate cost data within SAP (CO, PS, or related modules) or WtBS tools 
• Ensure correct cost allocation, commitments, accruals, and change impact 

Qualifications

Education and Experience

• Bachelor’s degree in engineering, Finance, Accounting, Quantity Surveying, or a related field

  Typically requires an undergraduate degree and broad experience or equivalent.

Knowledge, Skills and Abilities

• Experience in Project Cost Controls or Project Controls 
• Proven experience with WBS-based cost control and/or SAP (Project Systems / Controlling) 
• Experience in budget tracking, forecasting, and cost variance analysis 

Strong knowledge of: 

• Work Breakdown Structures (WBS) 
• Cost codes and budget controls 
• Forecasting and cash flow analysis 

Hands-on experience with: 

• SAP and/or cost control systems 
• MS Excel (advanced level); Power BI or similar tools are an advantage

Additional Information

Why Join Us?

• The chance to work on complex, cutting-edge naval projects
• Competitive salary
• Company pension
• Learning & development opportunities to keep building your career.
• A collaborative and supportive working environment.

Equal Opportunity: We are dedicated to fostering an inclusive and diverse workplace. To ensure equal opportunities for all candidates, we commit to a fair and unbiased recruitment process at every stage. This includes ensuring hiring managers are aware of legislation, providing reasonable accommodations for candidates with disabilities, and actively seeking to eliminate any form of discrimination based on race, gender, age, religion, sexual orientation, or any other protected characteristic. Our goal is to create a recruitment environment where every candidate feels valued and has an equal chance to succeed.

We are an Opening Doors employer, committed to equal opportunity and an inclusive workplace. Our approach, shaped by our values of service, trust, excellence, agility, dedication, and you, we focus on removing barriers and recognising potential. We are committed to fairness at every stage, including providing reasonable adjustments and actively working to eliminate discrimination.

We believe talent is everywhere, and by widening access to opportunity and welcoming diverse experiences, we aim to create a workplace where every person feels valued and has an equal chance.

If you experience difficulties or are unable to apply for a role on-line please contact us at [email protected] and one of the team will be in contact to help you.