Project Cost Controller

Posted Yesterday
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Rainham, Greater London, England, GBR
In-Office
Mid level
Transportation • Energy • Industrial • Renewable Energy
The Role
Manage financial performance of individual projects: produce forecasts, cashflow reports, and project financial reporting. Control procurement/subcontractor costs, investigate variances, support journal entries, and liaise with project teams, clients, and finance to ensure accurate revenue recognition and timely payments.
Summary Generated by Built In
Job Description

VVB Engineering are a specialist in Mechanical and Electrical Engineering, providing installation and maintenance services to various sectors. 

We are currently recruiting a Project Cost Controller working within the Commercial Finance department. Reporting into the Commercial Financial Controller and working alongside the Project team, you will be responsible for managing the financial performance of individual projects. You will support Management by providing reports and producing accurate forecasting and cash flow data.

The position:

  • Work with the Project teams to ensure the understanding of the specifics of the project plans and contract
  • Ensure all necessary interfaces and processes are adhered to, including the application procedure, and provide all supporting calculations and documentation to the client
  • Manage workload effectively to meet the business and finance deadlines set
  • Control and challenge procurement and/or sub-contractor costs and investigate variances between forecasted and budgeted costs.
  • Liaise with the Client/PM to resolve overdue applications, certifications and payments
  • Liaise with the Finance function to provide information to support journal entries, to capture late costs, provisions and revenue recognition
  • Communicate with the Project teams, ensuring all reports are accurately reflecting the operational and financial status of the projects
  • Collate and compile project financial reports and monthly and weekly cashflow forecast information to present to the Finance and Management teams

What we’re looking for:

  • CIMA/ACCA qualified or equivalent
  • GCSE level educated, with A-C grades in English and Maths
  • Three to five years finance experience
  • Previous experience in a similar job role
  • Adept in using MS Office programmes including Excel, Word and Power Point
  • Knowledge of financial processes including forecasting and cash flow
  • Comfortable working in a site-based environment
  • Self-motivated with excellent time management skills with the ability to manage deadlines
  • Ability to effectively communicate with all levels of the business and non-financial personnel
  • Excellent attention to detail

Skills Required

  • CIMA/ACCA qualified or equivalent
  • GCSE level education with A-C grades in English and Maths
  • Three to five years finance experience
  • Previous experience in a similar job role
  • Adept in using MS Office programmes including Excel, Word and PowerPoint
  • Knowledge of financial processes including forecasting and cash flow
  • Comfortable working in a site-based environment
  • Self-motivated with excellent time management skills and ability to manage deadlines
  • Ability to effectively communicate with all levels of the business and non-financial personnel
  • Excellent attention to detail
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The Company
369 Employees

What We Do

VVB Engineering is a construction and engineering company providing mechanical, electrical, telecommunication, and fire engineering services for large-scale UK infrastructure projects. They specialize in sustainable solutions for sectors including rail, highways, tunnels, and power, offering a range of services from power generation and renewable energy systems to temporary site power and lighting.

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