- Develop/implement and maintain the Project Baseline Budgets incl Control Account Plans/Responsibility Assignment Matrix and WBS Dictionary (SOW).
- Responsible for the monitor, control and validation of project’s accruals and commitments and the control of resource and financial forecast data.
- Management and control of cost risk budget and draw down and input into the risk management process.
- Management and control of financial change management on the project and assurance of alignment with the business/contractual requirements.
- Provision of internal and external financial performance & cost reports including earned value and variation analysis.
- Alignment of cost management with schedule and contract.
- Maintain cost elements within ERP
- Key point of contact with the client and the project accountant for all financial budget and change control
- Develop appropriate internal CBS and Control Accounts that are aligned to scope, contract and WBS.
- Provide cost management support to bid and project initiation phases to ensure project are correctly set up and initiated.
- Ensure cost management is aligned to the estimates and estimating process.
- Analysing, vetting and interrogating the Contract Specification to ensure a full and detailed understanding and interpretation of the Customer requirements including Project gate and phase reviews for the Project Life cycle
- Lead on the continuity between estimating and project delivery
- Development and maintenance of Project Assumptions/Exclusions and Dependencies logs with regards to cost management.
- Contribute to the identification of project risks, quantification of financial impact and cost risk analysis.
- Responsible for managing and controlling project cost risk contingency and its draw down.
- Day to day management, assurance and control of project booking code approval and closure (including purchase orders)
- Management of the project cost change register and associated impact assessments
- Production and submission/management of payment claims to client
- Ensuring that the schedule is cost loaded in line with the Baseline budgets
- Maintain project EAC’s, out turn costs and sales and ensure regular reviews are undertaken with each discipline
- Support the PM/Finance Controller in the production and analysis of coast/sale performance
- What-if cost modelling scenarios
- Support to commercial management
- Govern alignment of integrated schedule to project change register and budgets/forecasts
- Recording of lessons learned in company LFE register
- Control account Close out reports and support to final project close out report
- Attending and contributing the business Project Controls Communities of Practise