Job Description

Cost Control is responsible for overseeing the financial management and cost control processes of projects or programs. This role ensures that projects are completed within the approved budget by implementing effective cost control strategies monitoring expenditures and providing accurate financial forecasting. The Cost Control works closely with project managers finance teams and other stakeholders to track costs identify potential cost overruns and develop corrective actions to maintain financial health throughout the projects lifecycle.

Responsibilities:

• Develop and manage project budgets in collaboration with project managers and other stakeholders ensuring alignment with project objectives and financial constraints.
• Perform regular variance analysis to compare actual costs against planned costs. Investigate the reasons for variances and work with project teams to implement corrective measures.
• Develop and implement Earned Value Management (EVM) principles to track project performance integrating schedule data with cost and scope to assess progress against baseline plans.
• Generate and analyze earned value metrics (e.g. CPI SPI EAC) to support project forecasting variance analysis and reporting to project stakeholders.
• Manage project cash flow ensuring that costs are aligned with project milestones and that payments to vendors and subcontractors are made according to contract terms
• Analyze financial statements to determine possible improvements and develop strategies to optimize cost-effectiveness against approved budgets including committed incurred actual/paid and forecast final/out-turn costs
• Conduct periodic checks of financial documents and assist in the preparation of the annual budget by ensuring timely and accurate final accounting including all claims and outstanding payments
• Collaborate with department heads to identify cost-saving opportunities and recommend measures to reduce expenses by following the Cost Plan
• Perform cost-benefit analyses on prospective projects and provide recommendations on their financial feasibility
• Prepare and present financial reports (including cost reports cash flow forecasts reconciliation payments final accounts and job cost reports) to management to aid decision-making processes

Qualifications :

• Bachelors degree in accounting Finance or related field
• Minimum of 10 years of experience in cost control or financial management ideally within a rail/transportation industry
• Strong analytical and problem-solving abilities
• Thorough understanding of accounting principles and budgeting procedures
• Excellent communication and presentation skills
• Proficiency in MS Office Suite

Additional Information :

Egis Canada is an equal opportunities employer offering a competitive salary and benefits to those with the skills suited to the needs of our clients. 

We welcome and encourage applications from people with disabilities. Accommodations are available upon request for candidates. 

This role is eligible for a referral bonus in line with the Referral Program. If you have been referred please provide the name of the employee who has referred you at the time of your application. 

At Egis we embrace innovation to tackle challenges and utilize AI in our recruitment process under stringent ethics and compliance policies and in alignment with our values of being a Responsible Company a People First Company and a Creative Company. Committed to diversity growth and collaboration we may leverage AI to support the recruitment process. 

Remote Work :

No

Employment Type :

Full-time

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