Cost Control Specialist
2 weeks ago
Job Summary:
The Cost Control Specialist will be responsible for managing all aspects of project cost control to ensure projects are completed within the approved budget. This role involves developing and implementing cost control procedures, monitoring project costs, analyzing variances, and providing cost forecasting. The Cost Control Specialist will play a key role in ensuring the financial success of projects related to the construction, maintenance, and upgrade of electrical infrastructure.
Key Responsibilities:
- Cost Planning: Develop and maintain comprehensive cost plans, including budgets and forecasts for projects.
- Monitoring and Reporting: Track project expenditures, identify variances, and provide regular updates to senior management. Prepare and present detailed cost reports.
- Cost Control: Implement cost control procedures to ensure efficient use of resources and adherence to budgets.
- Risk Management: Identify cost-related risks and develop mitigation strategies to ensure financial stability of projects.
- Compliance: Ensure all cost control activities comply with industry standards and regulatory requirements, including the Canadian Electrical Code and other relevant guidelines.
- Continuous Improvement: Implement best practices in cost control and project management to improve efficiency and effectiveness.
Qualifications:
- Education: Bachelor’s degree in Engineering, Finance, Project Management, or a related field.
- Experience: Minimum of 5 years of experience in cost control, preferably within the electrical utility industry.
- Technical Skills: Proficiency in cost management software (e.g., Primavera P6, MS Project), and familiarity with the Canadian Electrical Code.
- Communication: Excellent verbal and written communication skills. Ability to present complex information clearly and concisely.
- Problem-Solving: Strong analytical and problem-solving abilities. Ability to think strategically and develop innovative solutions.
Working Conditions:
- Environment: Office-based with occasional site visits.
- Travel: Some travel may be required to various project sites within Canada.
- Hours: Full-time, with occasional extended hours to meet project deadlines.
Ability to commute/relocate:
- Toronto, ON: reliably commute or plan to relocate before starting work (required)
Work Location: In person
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