Cost Controller

Job Details

LocationDetroit, MI, Canada
Job TypeFull-Time Regular
PositionAccounting/Finance
Degree RequiredDegree Accounting or Eng

Job Description

On behalf of our construction client, who is responsible for a large, multi-year project, is seeking three (3) experienced Cost Controller's to join their team. The Cost Controller leads and ensures the overall cost control, financial integrity and accuracy of financial reporting and forecasting functions for his segment of the project.

RESPONSIBILTIES:

  • Develops and implements project cost control systems, operational procedures, and reporting systems to control the flow of funds for capital projects in accordance with our financial policies and procedures of the Joint Venture
  • Develops and implements risk management strategies and controls to mitigate financial risk and exposure on multi-year multi-billion-dollar capital projects
  • Manages and leads continuous cost reporting with accurate and timely information of budget, commitments, forecast, trends, variances, progress, performance, risk and opportunity, contingency, and cash flow. Conducts ongoing analysis of project risks during execution, working closely with Cost Control Project Office to optimize contingency strategies
  • Monitors costs against agreed-upon budgets, schedules, and contractual deliverables within the segment and mission critical projects. Monitors the statistical and trends analysis of contracts and payout of contracts.
  • Leads the review and audit of non-contract costs, labor and expense reports, and submission of adjustments to Project Finance to ensure complete and accurate information
  • Provides advice to Segment Leads in all matters related to cost control systems and procedures to achieve on-time and on-budget goals
  • Leads the provision of financial analysis, expertise, and advice to senior management and project teams regarding project expenses and fiscal matters throughout the lifecycle of the infrastructure projects
REQUIRED SKILLS & QUALIFICATIONS:
  • Completion of a degree in Business Administration, Engineering or Accounting or a related discipline - or a combination of education, training and experience deemed equivalent
  • Minimum five (5) years’ progressive experience leading financial accounting and reporting functions in a construction environment
  • A recognized accounting designation (CA/CPA) is considered an asset
  • Experience in and knowledge of accounting, financial analysis, controllership, risk management and reporting principles and practices in large, complex construction and infrastructure environments
  • Knowledge of Human Resources legislation (e.g. Employment Standards Act, Occupational Health & Safety Act, etc.) to manage and direct employees and contractors, including experience in the application of collective agreement provisions
  • Quality assurance principles and practices and audit processes to analyze financial data and formulate conclusions and recommendations
  • Influencing skills to convince senior management, colleagues, clients, and vendors of the need to adhere to financial/cost control processes
  • Analytical and problem-solving skills to conduct complex and comprehensive financial analysis, assessment, and evaluation of financial reporting activities and to identify potentially contentious issues that expose the company to risk, and recommend appropriate options
  • Governance and accountability, quality management systems and risk mitigation strategies to use a risk assessment lens to identify and address risks, issues, and accounting implications for the project baseline
  • Proficiency in MS Office (Word, Excel, PowerPoint, Outlook) and other financial software tools and applications to document and illustrate financial standing and recommendations
  • Interpersonal and oral/written/presentation skills to represent the segment in dealing with all financial payment and invoice inquiries, to resolve problems; to manage relationships with vendors; to identify and make necessary changes to financial controls, policies and procedures
MEDA offers an excellent referral bonus. Great people know great candidates.
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