Senior Project Cost Controller at Westfield Consulting

About the Role

Westfield Consulting is recruiting a Senior Project Cost Controller to manage and control project costs across multiple initiatives. You will report to the Project Control Manager (functionally) and Project Manager (for project-related matters), while supervising a Junior Project Cost Controller and Project Administrator.

Job Objective

Control project costs through planning, development, and reporting. Monitor milestone progress, forecast budgets, and identify cost-saving measures to ensure projects remain financially healthy and on track.

Key Responsibilities

Financial & Planning Management

• Provide timely, accurate, and complete financial and planning information to Project Managers
• Establish and control cost budgets and conduct cost forecasting
• Prepare cost cash flow forecasts by currency
• Generate timely and accurate cost reports and register outgoing payments

Cost Control & Monitoring

• Monitor project total expenditure and verify invoices and claims from suppliers, vendors, and subcontractors
• Ensure all project expenditures are captured and properly recorded
• Allocate invoices to appropriate project codes
• Verify costs with vendors and suppliers, estimate expenditures, and recommend cost-saving measures

Risk Management

• Identify currency exchange rate risks and establish suitable mitigation measures
• Identify tax risks and establish appropriate measures

Documentation & Invoicing

• Ensure all supporting documentation (Project WBS, Project Milestones, Change Orders, Variations, etc.) is generated at the point of execution and maintained for invoicing and future Project Management Team use
• Initiate project invoices, collate supporting documentation, and follow up with clients to ensure timely payment
• Review subcontractor invoices and supporting documents for accuracy and follow up on payments according to subcontract agreements

Internal Coordination

• Maintain close interface with the Accounts department and Project Management Team

Location

Lagos, Nigeria