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Chiswick

    Teams Specialist - Chiswick, Greater London, United Kingdom - LutechResources

    LutechResources
    LutechResources Chiswick, Greater London, United Kingdom

    3 weeks ago

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    Description

    The Cost Controls Specialist applies their conceptual knowledge of cost management and with limited supervision and guidance, is responsible for cost analysis, development of possible solutions using standard procedures, and critical thinking.

    Assist in the development and implementation of the project controls execution plan
    Assist in project controls system setup and project initiation requirements
    Participate in the implementation of the project OBS, WBS, and CBS in required financial and progress systems
    Basic knowledge of EPC contracting types (LS, Cost Plus, Reimbursable, Unit Rate, etc.)
    Awareness of contract and construction terminology
    Understand the project chart of accounts and its relationship to the estimate and contract scope
    Assist with invoicing and support project accounting with cost to billings reconciliations as required
    Understand project trends and their relationship to the forecast (ie PFs, trends, commitments, labor mix, etc.)
    Assist change management efforts, including building of cost estimates in support of change verification
    Quantity surveying personnel will be required to assist in the effort to audit Issued For Construction (IFC) quantity take-offs and reported installed quantities Any discrepancy in the reported quantities would need to be resolved
    Assist with the implementation of the global rules of credit and maintenance of the progress measurement system on the project
    Ability to generate spreadsheet analysis tools for management review of progress
    Reporting – Provide Timely and accurate Cost and Progress Measurement Data
    Basic understanding of Scheduling Software and processes and their relationship to cost and progress
    Participate in Closeout Report data collection
    Support the professional development and growth of junior project controls personnel

    Bachelor's degree in Engineering, Construction Management, or related fields or - 5 years of relevant experience working for an EPC
    Knowledge of common business tools such as Microsoft Office applications


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