Cost Control Specialist, Sweden
20 hours ago
At TN Sweden, we are committed to delivering projects and creating value over the life of our assets. We partner with customers to achieve this goal.
Role Context
As a Cost Controller within the Project Services Department, you will support several project managers in monitoring project budgets. This includes Owner's cost, commitments, expenditures, forecast, change management, contingency, and escalation.
Responsibilities:
- Develop, manage, and control project budgets for large-scale projects, including construction, expansions, and equipment upgrades.
- Track expenditures, provide detailed cost forecasts, and analyze trends to identify potential overruns, recommending corrective actions to stay on track.
- Prepare regular cost control reports covering current and forecasted expenditures, project risks, and financial progress, ensuring alignment with project scope and timelines.
- Coordinate with project teams, procurement, and contract management to capture accurate cost data and ensure contractor/supplier agreements meet budget requirements.
- Implement cost control procedures, conduct variance analysis, and manage change processes to maintain budget accuracy and control.
- Participate in project reviews (internal and external), providing financial insights, risk management input, and supporting financial close-out reports to ensure accurate reporting and forecasting.
Qualifications:
- Bachelor's degree in engineering, finance, business administration, or a related field.
- Extensive experience in project cost control within industries such as Oil and Gas, refining, or energy.
- Experience in cost estimation, forecasting, and budget management for large capital projects.
- Strong knowledge of cost control software and tools, such as Oracle, SAP, EcoSys, or other project management systems.
- Good understanding of cross-functional team collaboration, including engineering, procurement, construction, and finance.
- Strong organizational skills, with the ability to prioritize tasks and manage multiple projects simultaneously.
Preferred Qualifications:
- Experience working with EPC/EPCM projects.
- Previous experience managing cost control for projects in brownfield or greenfield environments.
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