Senior Cost Controller at Desicon Engineering Limited

KEY RESPONSIBILITIES

• Develop, implement and maintain project cost control systems, procedures and reporting frameworks.
• Prepare project budgets, cost estimates, cash flow forecasts and cost baselines.
• Monitor actual project expenditure against approved budgets and identify cost variances.
• Analyse project commitments, actual costs, accruals and forecast costs to completion.
• Prepare regular cost reports, management dashboards and financial performance updates.
• Conduct cost variance analysis and recommend corrective actions to minimise cost overruns.
• Monitor project changes, variations and their financial implications.
• Work closely with Project Managers, Planning Engineers, Procurement, Finance and Contracts teams to ensure effective cost management.
• Review subcontractor, vendor and supplier cost submissions in line with approved project budgets.
• Support project forecasting, cost reconciliation and financial close-out activities.
• Identify potential financial risks and provide early warnings to project management.
• Ensure compliance with project cost control procedures, contractual requirements and company policies.

QUALIFICATIONS & EXPERIENCE

• Bachelor\'s degree in Accounting, Finance, Economics, Engineering or a related discipline.
• Professional certification such as ICAN, ACCA, CIMA or equivalent will be an added advantage.
• Minimum of 7–10 years\' relevant experience in project cost control, preferably within an EPC, Oil & Gas, Engineering or Construction environment.
• Proven experience in project budgeting, cost forecasting, variance analysis and financial reporting.
• Demonstrable experience managing project costs across multiple work packages or projects.
• Good understanding of project management principles, contract administration and cost control methodologies.

REQUIRED SKILLS & COMPETENCIES

• Strong analytical, numerical and financial management skills.
• Proficiency in Microsoft Excel and project cost management tools.
• Knowledge of ERP systems and project management software.
• Strong understanding of project budgeting, cost forecasting and financial controls.
• Excellent communication, reporting and stakeholder management skills.
• Strong attention to detail and problem-solving ability.
• Ability to work under pressure and meet demanding project deadlines.
• High level of integrity, accountability and professional judgment.