Project Cost Controller (2 Year Contract)

Project Cost Controller (2 Year Contract)
Function: Finance
Seniority: Manager Level

About the Role

Join a major energy infrastructure project that plays a critical role in supporting Singapore’s energy security. This position offers the opportunity to work on large-scale CAPEX projects within a highly regulated environment, partnering closely with engineering, project, and commercial teams to drive cost discipline and financial performance.

Key Responsibilities

Project Cost Planning & Control

• Establish and maintain cost control frameworks, including WBS, cost codes, and budgets
• Monitor project expenditures against approved budgets, commitments, and forecasts
• Perform variance analysis (planned vs actual vs forecast) and identify key cost drivers
• Manage project contingencies and ensure proper governance over utilisation

Forecasting & Reporting

• Prepare periodic cost reports for senior management and key stakeholders
• Develop and maintain cash flow forecasts and Estimate at Completion (EAC)
• Support CAPEX budgeting and reforecasting exercises
• Ensure accuracy and consistency of cost data across systems and reports

Contracts & Change Management

• Track and evaluate change orders and assess financial impact on project budgets
• Support procurement and commercial teams in cost evaluations and contract variations

Governance, Audit & Compliance

• Ensure compliance with internal controls, accounting standards, and regulatory requirements
• Maintain proper documentation and audit trails to support internal and external audits
• Support assessment of capitalisation eligibility of project costs

Stakeholder & Risk Management

• Identify and flag cost escalation risks (e.g. scope changes, inflation, contractor performance)
• Collaborate with cross-functional teams to drive cost control and financial discipline
• Provide actionable insights to support decision-making across project phases

Requirements

• 8–10 years of experience in project cost control, project finance, or capital project environments
• Experience in energy, infrastructure, utilities, or large-scale industrial projects preferred
• Familiarity with multi-year CAPEX projects and stage-gate project lifecycles
• Strong ERP experience (SAP S/4HANA preferred)
• Degree in Accounting, Finance, Engineering, Quantity Surveying, or related discipline
• Professional certifications (CPA/CA/CFA) are advantageous

What Success Looks Like

• Strong ownership of end-to-end project cost control (budgets, commitments, actuals, forecasts)
• Accurate and timely delivery of cost forecasts and cash flow projections
• Clear, concise reporting to senior stakeholders
• Effective management of contract variations and cost impacts
• Robust governance, audit readiness, and proactive risk management

This is an excellent opportunity for finance and project controls professionals seeking exposure to high-impact infrastructure projects with strong stakeholder visibility.