Project Cost Controller

Company Description

Texford Services Limited is a business support service provider based in Lagos, offering a range of Human Resources services including Recruitment, Executive Search, Training & Development, and Project Management Support Services. The company aims to optimize workforce efficiency, engagement, and productivity for client organizations across various industries. Texford is dedicated to providing top-notch support services to enhance organizational performance and bottom-line improvement.

Role Description

This is a full-time on-site role for a Project Cost Controller at Texford Services Limited in Lagos. The Project Cost Controller will be responsible for cost control, cost accounting, financial analysis, cost management, and ensuring efficient project financial management on a day-to-day basis.

Key Responsibility

1.     COST MANAGEMENT:

·        Develop, implement, and maintain project cost management plans, policies, and procedures.

·        Establish and maintain project cost budgets, forecasts, and variance analyses.

·        Monitor and control project expenditures, identifying and addressing cost overruns.

·        Conduct cost-benefit analyses and provide recommendations for cost optimization

2.     FINANCIAL REPORTING

·        Prepare and submit accurate and timely project financial reports (e.g., cost reports, forecasts).

·        Develop and maintain project financial models, spreadsheets, and databases.

·        Analyze and interpret financial data to identify trends, risks, and opportunities.

3.     COST ESTIMATING AND BUDGETING:

·        Develop and maintain project cost estimates and budgets.

·        Conduct cost risk assessments and develop mitigation strategies.

·        Identify and quantify cost contingencies.

4.     CONTRACT MANAGEMENT:

·        Review and analyze contracts, purchase orders, and agreements.

·        Ensure compliance with contractual terms and conditions.

·        Manage contractor and vendor relationships.

5.     Auditing and Compliance:

·        Ensure compliance with organizational policies, procedures, and regulatory requirements.

·        Conduct audits and reviews to ensure accuracy and compliance.

·        Identify and address potential compliance risks.

Qualifications

• Cost Control, Cost Accounting, and Cost Management skills
• Analytical Skills and Finance knowledge
• Ability to analyze financial data and generate reports
• Experience in project cost control and budget management
• Strong attention to detail and accuracy
• Bachelor's degree in Accounting, Finance, or related field
• Professional certification in Cost Accounting or related field is a plus

Require Skills

You'll need to have:

·        Strong analytical, problem-solving, and communication skills.

·        Proficient in MS Office (Excel, Word, PowerPoint).

·        Familiarity with project management methodologies (e.g., Agile, Waterfall).

·        Strong attention to detail and organizational skills.