Cost Controller

Mission

Join us in an exciting adventure to complete the Edmonton Valley Line West LRT - a remarkable legacy project that will redefine our community’s transportation landscape! Be part of this transformative journey and help us create a lasting impact for generations to come! We are looking for an experienced Cost Controller who will be responsible for the preparation of accurate monthly cost control reports, revised budgets as required, earned value, and comparison with budget.  The Cost Controller will take responsibility for the assigned scope and work with internal stakeholders to ensure the project stays on budget, and that all discrepancies are identified in a timely manner and steps are taken to resolve and correct. 

Main Responsibilities

Tender Budget / Revised Budget: 

• Preparation of the detailed Target budget and any revised budget (at 20%, 50% and 80% progress) for the assigned scope of work. 
• Define the schedule of the target (or revised) budget preparation and communicate it to the team, follow its implementation. 
• Prepare the main hypothesis. 
• Lead the process until its closing, having active exchanges with budget owner. 
• Detailed analysis of variances and proposed plan of actions in liaison with budget owners and validation by the Project management team. 

Monthly Cost Control: 

• Liaise with budget owners to obtain the progress after the monthly cutoff date. 
• Analyze the progress declared by the budget owners to ensure accuracy and consistency for month-over-month reporting. 
• Generate the earned values and compare with the actual cost and liaise with the finance department. 
• Compare, analyze and propose actions to mitigate potential overruns and improve savings in close coordination with the budget owners. 
• Identify red flags regarding potential major losses. 
• Lead reviews of the Cost Control reports with budget owners and project management teams for final review and approval. 

Risk Management: 

• Ensure a monthly review of the risks and opportunities register, and analysis of mitigation/improvement plans. 
• As needed capture the updates of the R&O register. 
• Facilitate workshops/meetings between all parties to identify and categorize threats and opportunities.  

Review and Submission of Reports: 

• Inputs to JV’s monthly reports as requested to issue to each JV partner. 
• Inputs to Monthly report to JV’s Executive committee. 
• Inputs to any other forums as needed. 

Extension of Time:  

• Support of Commercial / Claims team to provide actual and forecasted costs. 
• Support the project management in the decision-making process by providing all information and analysis related to costs. 
• Carry out an active role in trouble shooting project costs related issues. 
• Any other tasks assigned by the Project Controls Manager. 

Requirements

• Bachelor's degree in Accounting, Construction Management or related field. 
• Minimum of 5 years of related project controls experience in complex design/construction heavy civil projects. 
• Basic engineering knowledge/understanding. 
• Proficient PC skills including a proficiency in Project Controls Software and Microsoft Office Suite, superior Excel skills, JDE. 
• Ability to negotiate the terrain of an in-process construction site, including climbing stairs and ladders, steep/ slippery terrain, walking, and working outdoors in all types of Edmonton weather and conditions.