Monitor actual costs, committed costs, accruals, remaining commitments and forecast expenditures throughout the project lifecycle.
Review cost performance against approved budgets, previous forecasts and project financial targets.
B. Cost Forecasting and Financial Reporting
Lead the preparation and review of monthly project cost reports, management reports, cost dashboards and client-specific cost reports, as applicable.
Oversee the preparation of Estimate at Completion (EAC), Estimate to Complete (ETC), cost-to-go forecasts and other relevant project financial projections.
Analyse project cost performance and provide meaningful insights, recommendations and early warnings to Project Management and senior leadership.
Coordinate the preparation and review of project cash flow forecasts, including short-term cash flow projections, such as 15-week forecasts where required.
C. Risk Management and Cost Optimisation
Identify, assess and monitor project cost risks and opportunities in collaboration with Project Management, Planning, Commercial and other functional teams.
Maintain and review cost-related risks, opportunities, contingency usage and mitigation actions.
Assess the potential financial impact of schedule delays, productivity shortfalls, resource constraints, procurement issues and scope changes.
D. Project Controls Integration
Work closely with the Planning and Scheduling team to ensure alignment between project progress, milestone dates, resource forecasts and cost forecasts.
Coordinate with Engineering, Procurement, Construction and Commissioning teams to obtain reliable cost inputs and validate forecast assumptions.
Ensure manpower forecasts, resource utilisation and associated labour costs are appropriately incorporated into project cost reports.
E. Procurement, Subcontract and Financial Coordination
Collaborate with Procurement and Subcontracts teams to review purchase orders, subcontract commitments, contract values and anticipated expenditures.
Monitor committed costs against approved budgets and identify potential commitment overruns or unbudgeted liabilities.
Verify cost allocations against the relevant WBS elements, work packages and cost codes.
F. Systems, Processes and Governance
Ensure compliance with Exyte's applicable project controls procedures, financial policies, approval authorities and reporting standards.
Oversee the use of project cost management systems and enterprise resource planning tools, including EcoSys, SAP and Microsoft Excel, where applicable.
Maintain appropriate records for project budgets, forecasts, commitments, changes, risks and management approvals.
G. Team Leadership and Stakeholder Management
Lead, supervise and develop the project cost control team, ensuring clear accountability, effective workload allocation and timely deliverables.
Provide technical guidance, coaching and mentoring to Senior Cost Controllers, Cost Controllers and other relevant team members.
Review the quality and accuracy of cost reports, forecasts, analyses and supporting documentation prepared by the team.
Build effective working relationships with Project Directors, Project Managers, Project Controls, Commercial, Procurement, Finance and other stakeholders.
Show your expertise
Education
Bachelor's degree in Quantity Surveying, Engineering, Construction Management, Finance, Accounting or another relevant discipline.
Professional qualifications in project management, cost engineering, quantity surveying or project controls will be an advantage.
Professional Experience
Typically 10–15 years of relevant experience in project cost control, project controls or project commercial management, preferably within engineering, procurement and construction (EPC), EPCM, industrial construction or major capital projects.
Demonstrated experience managing cost control activities for complex, multidisciplinary projects.
Proven experience in project budgeting, cost forecasting, EAC preparation, cash flow management, cost variance analysis and financial reporting.
Experience managing project cost teams and coordinating cost control activities across multiple functions.
Strong understanding of procurement commitments, subcontract costs, change management, commercial risks and project financial performance.
Experience in high-tech manufacturing facilities, semiconductor facilities, data centres, pharmaceutical facilities, cleanrooms or other complex industrial projects will be an advantage.
Familiarity with multinational project environments and regional or global reporting requirements is desirable.
Contact
You want to be part of the Exyte team? We look forward to receiving your application!
For further questions and information, please do not hesitate to contact Chiam Ter Min via E-Mail at termin.chiam@exyte.net.
Please note that we only consider applications submitted through our application portal. Applications sent via email will not be considered due to data protection regulations.
