Project Financial Control Specialist
1 day ago
As a Regional Cost Manager at QISG, you will oversee Project Cost Control for multiple projects within your assigned region. With a strong focus on budget management, cost analysis, and risk management, you will ensure accurate and reliable cost information is provided to stakeholders.
About the Company:
QISG is a leading provider of construction, engineering, and energy solutions. Our company is committed to delivering high-quality projects and services that support the growth and success of our clients. Our team is composed of dedicated professionals who are passionate about innovation and excellence.
About the Job:
This is a key position that requires a high level of expertise in project cost control, with experience in managing multi-year design and construction projects in the EPC space. You will lead a team of junior cost specialists, mentor them, and assist with staff development in cost control processes and procedures. Your thorough knowledge of EcoSys and Microsoft Office Suite will be essential in this role. Additionally, you will have excellent interpersonal and communication skills to effectively collaborate with clients, senior staff, and cross-functional teams.
Responsibilities:
- Lead and mentor a team of junior cost specialists
- Adhere to internal standards, policies, and procedures
- Support internal and external audits
- Handle ad hoc requests and inquiries as required
- Provide support to Project Teams throughout the project lifecycle
- Assist staff with developing budgets from original estimates through to project completion
- Review and approve trending analysis and forecasting of all projects
- Review and validate data with cost specialists for cost reporting data, incurred cost, earned value, and forecasts
- Assist with change management and control of total project costs (Quanta operating units (OpU's), general contractors, direct suppliers, and professional appointments)
- Analyze projects to ensure adequate project funding by performing estimates, cost forecasts, cost trends, and accrual of actual costs
- Complete cost validation and risk management activities as needed
- Monitor and audit compliance of junior staff for all cost-related requirements
- Monitor compliance of maintained professional services staffing plans for projects
- Reconcile program and project cost data with the internal ERP and financial control systems
- Interface with finance and accounting for understanding and forecasting all revenue and project cost expenditure, revenue recognition, customer invoicing, cash flow, and cash calls for projects
- Provide business unit level reports including detailed analysis of project cost and changes
- Participate in the monthly Project Financial Status Review (PFSR)
- Present results of cost analyses to senior staff and clients
- Solely responsible for all cost control duties and staffing requirements for the project portfolio within the region
Requirements:
- Bachelor's degree in Construction Management, Engineering, Business or related field; or extensive Project Cost Control and industry experience
- 10+ years of project cost control experience with multi-year design and construction projects, specifically in the EPC space
- Experience managing and mentoring a group of junior cost specialists
- Thorough knowledge and proficiency of EcoSys
- Strong knowledge of Microsoft Office Suite
Skills:
- Excellent interpersonal and communication skills (both written and verbal) with the ability to communicate effectively and professionally to all levels of the organization
- Ability to engage with the client and key stakeholders at all levels
- Thorough understanding of project cost control activities and reporting
- Proven team player with the ability to work effectively in cross-function teams and to develop and maintain collaborative working relationships
- Strong organizational and time management abilities; capable of managing multiple priorities simultaneously
Benefits:
- Competitive salary: $120,000 - $160,000 per annum
- Opportunities for professional development and career advancement
- Collaborative and inclusive work environment
- The chance to work on innovative and impactful projects
Travel Requirements:
- Up to 25% travel time may be required for this role.
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