Cost Controller (Infrastructure Solutions)

Description

Job Summary

The Cost Controller is responsible for ensuring rigorous financial governance across all phases of the project lifecycle. This role oversees supplier payment processes purchase order and change control budget management forecasting and costtocomplete reporting. The Cost Controller partners closely with project leadership to maintain financial discipline support informed decisionmaking and ensure compliance with Vertivs commercial and governance standards.

Responsibilities:

Supplier Payment & Invoice Management

• Manage endtoend processing of supplier payment applications including receipt accrual tracking certification and invoice validation.
• Issue acceptance certificates and coordinate purchase order receipt processing in Oracle.
• Validate supplier invoices against acceptance certificates and contractual terms.
• Maintain accurate registers for supplier applications invoices and accruals.
• Identify invoices not supported by purchase orders obtain required approvals and enforce PO compliance standards.
• Maintain and reconcile Requisitions and PO registers across the project lifecycle.
• Vet supplier invoices for valid PO references and return noncompliant invoices.
• Monitor open commitments and ensure alignment with approved budgets and forecasts.

Budget Management Forecasting & Variance Analysis

• Establish and maintain project budgets within financial systems.
• Perform ongoing budget updates reflecting approved changes and actual costs.
• Produce monthly forecast variance analyses and YearToDate (YTD) budget comparisons.
• Coordinate site and project team inputs for monthly costtocomplete evaluations.
• Prepare budget updates forecasts and financial insights for Project Director review.

Change Management

• Evaluate and forecast the probability of future customer change order intake.
• Support preparation of COR cost estimates and pricing models.
• Communicate revenue and cost impacts of CORs for Project Operating Reviews (POR).
• Define and track sunk cost elements included in COR pricing.
• Integrate approved and forecast CORs into future budget and forecast updates.
• Supplier Change Order Requests
• Coordinate with Quantity Surveyors and Estimators to forecast actual and anticipated supplier COR costs.
• Identify change orders required to recover scope omissions or cost overruns.
• Incorporate supplier CORs into costtocomplete forecasts.
• Change Management & Commercial Governance
• Maintain a comprehensive change register for all project commercial changes.
• Coordinate evaluation pricing and financial impact assessments of change events.
• Ensure change approvals comply with Vertiv governance requirements.
• Update budgets forecasts and costtocomplete metrics based on approved changes.
• Support the Project Director in commercial negotiations related to change events.

Requirements:

Education

• Bachelors degree in finance Accounting Construction Management Engineering Business or a related discipline
• Masters degree or professional qualifications (MBA MSc etc.) preferred but not required

Experience

• 7 years of experience in cost control project controls commercial management or project finance ideally within:
• Engineering construction infrastructure or industrial projects
• Proven experience managing:
  • Project budgets forecasts and costtocomplete evaluations
  • Supplier payment applications invoices PRs and POs
  • Change orders (customer and supplier) and commercial change registers
• Experience supporting Project Directors / Project Managers with financial reporting and commercial decisions

Technical Skills

• Strong working knowledge of ERP systems (Oracle preferred) for:
• Purchase orders receipts invoicing and accruals
• Advanced proficiency in Excel (pivot tables lookups variance analysis forecasting models)
• Experience preparing:
• Monthly cost reports
• YTD budget vs. actual analysis
• Forecast and variance commentary
• Familiarity with project governance approval matrices and financial controls

Commercial & Analytical Skills

• Strong understanding of:
  • Contractual cost control principles
  • Change management and commercial risk
  • Revenue and cost forecasting
• Ability to assess financial impacts of scope changes and omissions
• High attention to detail with the ability to maintain accurate financial registers

Interactions

• Site Construction Managers Program Managers Finance Procurement Operations Order Management Different Vertiv Business Units other Departments Leads.

Additional Eligibility Requirements

• Valid Drivers License
• Participation in international calls outside business hours
• Up to 20% business trips