One of our clients, a well-established organisation based in the Irene, Centurion area, is seeking an experienced and detail-oriented Cost Controller to support the financial monitoring and control of projects.
The successful candidate will be responsible for monitoring project expenditure, maintaining accurate cost records, preparing cost reports, updating forecasts and identifying potential budget variances.
The role requires a hands-on professional who can work closely with project managers, engineers, procurement and finance teams to ensure that project costs are accurately tracked, reported and controlled throughout the project lifecycle.
This position is suited to an analytical, proactive and highly organised individual who takes ownership of deliverables, pays close attention to detail and can identify discrepancies before they become significant project cost risks.
Minimum Requirements
A relevant qualification in Cost Management, Cost Accounting, Finance, Accounting, Project Management or a related field is essential.
Minimum 7 years' relevant cost control experience, preferably within mining, engineering, construction or capital projects.
Previous mining industry experience is essential.
Proven experience in project cost control, budget monitoring, expenditure tracking, forecasting and financial reporting.
Experience working with capital project budgets, commitments, actual expenditure and cost-to-complete forecasts.
Advanced Microsoft Excel proficiency, including formulas, lookups, PivotTables and cost reporting.
Experience using ERP or project cost management systems, SAP experience would be advantageous.
Ability to liaise effectively with project management, engineering, procurement, finance and operational stakeholders.
Roles and Responsibilities
Project Cost Control and Monitoring
Monitor project expenditure against approved budgets and cost baselines.
Track actual costs, commitments, purchase orders, invoices and remaining budget allocations.
Maintain accurate project cost records, registers and reports.
Monitor expenditure across project work packages, cost codes and relevant cost categories.
Identify cost overruns, discrepancies, potential savings and emerging financial risks.
Ensure project costs are accurately recorded and allocated to the correct cost codes and activities.
Investigate discrepancies and follow up on outstanding cost information to maintain reliable reporting.
Budgeting and Forecasting
Assist with the preparation of project budgets, cost estimates and budget revisions.
Maintain updated project forecasts based on actual expenditure, outstanding commitments and anticipated costs.
Prepare cost-to-complete estimates and estimates-at-completion forecasts.
Compare forecast costs against approved budgets and identify potential deviations.
Investigate variances and obtain explanations from relevant project stakeholders.
Support project managers in identifying corrective actions where expenditure exceeds planned allocations.
Ensure budget changes and cost adjustments are properly documented and approved.
Cost Reporting and Analysis
Prepare regular project cost reports for project managers and management.
Compile budget-versus-actual reports, variance analyses, expenditure summaries and forecast reports.
Analyse cost trends and identify areas requiring further investigation or intervention.
Develop and maintain cost dashboards, spreadsheets, trackers and reporting templates.
Ensure reports are accurate, complete and submitted within the required reporting deadlines.
Provide clear explanations of cost movements, financial risks and forecast changes.
Reconcile project cost information against relevant financial and procurement records.
Procurement and Commercial Cost Monitoring
Monitor purchase orders, supplier commitments, contractor costs and project-related expenditure.
Track contractual commitments against approved budgets.
Review supplier and contractor invoices against purchase orders, approved work and supporting documentation.
Liaise with procurement and accounts payable teams to resolve discrepancies and outstanding invoices.