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Project Cost Manager

3 weeks ago

Sandton, South Africa Isilumko Staffing Full time

Job Overview

Isilumko Staffing is seeking a highly skilled Senior Cost Controller to join our team. The successful candidate will be responsible for providing comprehensive cost control support for capital projects, maintenance projects, and wells.

Key Responsibilities:

  1. Develop and maintain the Control Base for the project, ensuring accurate cost reporting and financial governance.
  2. Link cost reports and SAP structures to the Control Base.
  3. Support the development and monitoring of Authorisation for Expenditure (AFE) to PPA partners.
  4. Track and report on Value of Work Done (VOWD) and monitor cost commitments and reconciliations.
  5. Produce high-quality monthly cost reports, accruals, and updates to the project budget.
  6. Ensure cost reports reflect accurate project health status through the tracking of changes, risks, and contingencies.
  7. Manage cost risk registers and support risk impact assessments on cost and schedule.
  8. Oversee cost change management processes, ensuring timely updates to cost forecasts and financial closure.
  9. Ensure proper internal controls, including the creation of purchase requisitions, invoice verification, and financial processing.

Requirements

  1. Bachelor's degree in accounting, engineering, commerce, or quantity surveying.
  2. At least 15 years of relevant experience, preferably with extensive experience in capital project cost control.
  3. Strong analytical skills, proficiency in SAP, financial management, risk management, project coordination, and reporting.
  4. Excellent understanding of all phases of the project delivery process, from inception to completion.
  5. Ability to work effectively in a dynamic, high-pressure environment.