Cost Controller

About the role

As a Cost Controller in a shipyard, your primary responsibility is to monitor and control the project costs throughout the ship repair process. This function plays a crucial role in the processing and handling data related to budgeting, invoicing, and contract variations of various types of vessels. KEY ACCOUNTABILITIES -Collaborate with project managers and engineers to review cost estimates and proposals. -Review and analyze vendor contracts and invoices. -Monitor and control project costs to ensure adherence to budget and cost estimates. -Analyze actual project expenses against budgeted amounts and identify variances -Prepare variation order requests. -Track and report on project progress and cost performance. -Identify cost-saving opportunities and give recommendations for improving efficiency. -Conduct regular audits and inspections to ensure compliance with cost control procedures. -Prepare and present cost analysis reports and forecasts for Project Managers, Management Team (e.g. Operations Manager) and Finance department. -Ensure the complete financial closing of projects within our project management software IFS after project completion.