Job Summary
- Revise and reissue MARCO's cost control procedures and establish them as controlled documents applied consistently across every project.
- Own the company-wide cost breakdown structure and cost code library and enforce a single coding standard across the portfolio.
- Establish the monthly cost control reporting cycle, its calendar, its inputs, and its owners.
- Convert project budgets and margins into working control budgets and maintain them through the variation and change lifecycle.
- Maintain commitment control across subcontracts and purchase orders, giving visibility of committed, incurred and forecast cost before expenditure is realised.
- Operate a trend and change register that captures cost movement at the point it becomes known
- Produce monthly cost-value reconciliation for every project, cost incurred against value earned, against value certified, and explain the variance at cost-code level.
- Produce and defend the forecast cost at completion and cost to complete for each project, and identify projects trending towards loss early enough for corrective action to be possible.
- Provide cost forecasts as an input to the Chief Financial Officer for cash flow planning.
- Oversee and report project expenditure independently of the operational line and escalate cost exposure directly to the Chief Executive Officer.
- Provide the independent cost data underpinning the company's consumption and reconciliation controls across plant and equipment, fuel, bulk materials and labour.
- Report portfolio cost performance to the Chief Executive Officer monthly, and to the joint-venture boards as required.
- Exercise dotted-line functional authority over project-based cost control and quantity surveying staff.
- Participate in the selection and performance review of project cost control and quantity surveying staff and set their technical competency standards.
- Build and develop cost control capability across the projects.
Qualification / Skills and Experience
- Bachelor's degree in quantity surveying, Civil Engineering, Construction Management, or Finance / Accounting with a demonstrated construction track record.
- Minimum 15 years in construction cost control, project controls or commercial management, including at least 5 years at head-of-function or portfolio level across multiple concurrent projects.
- Demonstrated personal ownership of cost-value reconciliation and forecast at completion on projects of significant value. Candidates should expect to walk through their own methodology in detail at interview.
- Practical experience of an ERP cost module, including participation in an implementation, migration or major reconfiguration.
- Oracle Fusion cost management experience specifically.
- Professional certification: one of CCP (AACE International), MRICS, or equivalent.
- Experience of joint-venture cost control and reporting to a JV board.
