Job Description
Job Description:As a Project Cost Controller, you will join an ambitious and dynamic project within our Program Controls & Governance team. In this critical role, you will act as a business partner to the Project team, providing advice, guidance, and recommendations to manage and control project costs effectively. You will ensure adherence to budgets through timely, reliable, and high-quality analysis. Your exceptional analytical skills, strong understanding of project management principles, and keen eye for detail will be essential in driving the financial success of our projects.Key Responsibilities:Develop and maintain comprehensive project budgets, forecasts, and cost control systems to ensure accurate project cost monitoring and reporting.Responsible for and drive periodic project cost reporting to the management providing on-time, reliable and quality analysis, and recommendations to enable the Project team to steer project in the right direction.Manage team, advise and delivery on monthly project controls report highlighting relevant messages for successful project steering and recommend / drive action items for successful project delivery.Validate, challenge, analyze and recommend action on all relevant agreed Project KPIs through the monthly project controls reporting. i.e. Earned Value Management, Value of Work Done, Schedule Performance Index, Cost Performance Index, Cash out curve, trending etcDirect and guide team to prepare accurate and timely project cost reports, including cost estimates, cost forecasts, cost performance analyses for management.Collaborate with Contractor(s) EPCM/PMC to collect project cost data periodically and verify that the Forecast to complete remains in accordance with the established plans and schedules. Highlight and communicate variance to stakeholders on timely basis and ensure corrections / updates are performed with EPCM. Prepare periodic summary on EPCM performance for the management.Collaborate with different internal stakeholders to understand, update, and build a reliable forecast on project costs.Analyze project budgets, actuals, forecast to complete, estimate at completion, and variances, identifying potential risks and opportunities for cost savings or cost overruns.Collaborate with stakeholders to periodically review, maintain, and update cost breakdown structure, cost codes and project reporting formats / templates to enhance accuracy and efficiency.Monitor project progress, track actual costs, and compare against budgeted costs, identifying any deviations and recommending corrective actions to project stakeholders.Conduct regular cost control meetings with project teams, providing guidance on cost management, assisting in budget planning, and addressing any cost-related concerns.Ensure compliance with company policies, procedures, and relevant financial regulations and standards.Qualifications:University degree in finance, accounting, business administration, or a related field. A relevant professional certification (e.g., PMI, CIMA) is a plus.+5 year Project Cost Controller experience in multi-billion complex project is a must.Strong knowledge of project management principles, cost control methodologies, and financial analysis techniques. Excellent analytical skills, with the ability to gather and interpret complex financial data.Being about to see the big picture and a hands-on mentality to drill deep when neededProficiency in ERP / IT tools (SAP, BW, Power BI), including advanced MS Excel skills.Detail-oriented mindset, with ability to deliver with accuracy, on-time and reliability.Ability to deliver on deadlines, to handle multiple tasks (exceptional organizational and prioritization skills) and ability to handle pressureEffective communicator, with the ability to present complex financial information in a clear and concise manner.Strong problem-solving skills and the ability to identify cost-saving opportunities.Knowledge of relevant financial regulations and compliance standards.Proactive and self-motivated individual who can work both independently and collaboratively as part of a team.About Us:ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2022, ArcelorMittal had revenues of $79.8 billion and crude steel production of 59.0 million metric tonnes, while iron ore production reached 45.3 million metric tonnes. Our purpose is to produce ever smarter steels that have a positive benefit for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).For more information about ArcelorMittal please visit:About the Team:Do you want to make an impact? We're looking for talented people to join a global community. ArcelorMittal is the world's leading steel company. Our material is part of the fabric of life. Our purpose - and the reason why we exist - is to create smarter steels for people and planet. Help us develop the material that tomorrow's world will be made of. In return, we offer endless career opportunities, international experiences in a diverse, multi-cultural organisation, working with leading experts, and lifelong learning through the ArcelorMittal University.The aim of the Innovative DRI Program is to:Elaborate a roadmap for the decarbonization of the Flat Carbon Europe and Hamilton sites with major technology breakthrough to meet group CO2 reduction targetsCoordinate the design and build of the future facilities of the Flat Carbon Europe and Hamilton sitesEnsure business integration of new facilities and processes, allowing a smooth transition to decarbonized steelmakingArcelorMittal
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