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Cost Control Specialist
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NES Fircroft is seeking a highly skilled Cost Control Specialist to join our team.
About the RoleThe Contract Project Cost Technician is responsible for maintaining accurate and consistent project cost data using SAP and Spotfire to track cost performance against budget, committed, and incurred costs. This role involves accrual and forecast reporting in Spotfire, invoice review against progress reports, and preparing AFE requests for funding approval, including status checks and follow-ups.
Key Responsibilities- Ensure consistent maintenance of data out of SAP and Spotfire used for Cost Control purposes.
- Accrual and forecast reporting into Spotfire.
- Review invoices and check against progress reports.
- Prepare and submit AFE requests for funding approval and complete status checks and follow-ups as required.
- Assist and train other stakeholders on Cost Control and SAP related requests.
- Support forecast, accrual, and reporting processes as required.
- Offer general support to other departments (Tax, Audit, etc.) and other initiatives as required.
- Monitor and control cost to flag issues, report on variance from plan.
- Assist Project Engineers in managing key project variables related to cost control.
- Support a variety of initiatives from the cost control function including, reporting, cost control process alignment, accruals, and supporting the finance department for monthly and long-range plan reporting (UpCap).
- Regularly updated cost control reports.
- Data extracts and reconciliations from SAP.
