Project Cost Controller
The Project Cost Controller acts as the financial lead for projects, overseeing cost control, budgeting, and financial reporting. They are responsible for managing contract changes, ensuring compliance with internal controls, and providing analytical support for commercial negotiations.
- Hybrid
- Toronto, ON
- Posted Aug 14, 2026
- 1 position
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Job summary
Location: Toronto, Ontario, Canada Job ID: R0139858 Date Posted: 2026-08-11 Company Name: Hitachi Rail Canada Inc. Profession (Job Category): Project/Program Management Job Schedule: Full time Remote: No About Us A career at Hitachi Rail will help create a legacy. With operations in every corner of the world, our work goes to the cutting-edge of digital transformation and technology. From the multi-cultural strength of our global organisation to the sustainable and innovative ways we work to bring people together, there’s something for everyone to get stuck into. And that’s where you come in. Job Description: Act as the ‘Chief Financial Officer’ of the project and provide financial leadership to the project team. Represent Finance within the PMO organization and support Project Management for economical, financial, and administrative tasks. Perform cost control and project financial management functions. Compile Hitachi Rail accounting and internal control processes, and deliver timely, reliable, and documented information and reports. Key Accountabilities: COMMERCIAL AREA: Monitors project progress and identifies commercial opportunities and financial exposure. Highlights potential project cost impacts and recommends corrective actions. Responsible for contract changes and preparation of related financial data. Responsible for claims preparation. Interfaces with customers on billings, contract changes, and other commercial matters. Ensures project compliance with commercial terms and conditions. Provides analytical support during commercial negotiations. Performs special project assignments as requested. [Project Co...Controller | Word] ACCOUNTING & INTERNAL CONTROL AREA: Responsible for cost control and compliance with company policy. Produces monthly project reports and forecast packages. Performs monthly control checks and reconciliations. Manages project treasury functions including cash flow and foreign exchange exposure. Manages project financial instruments. Analyzes and reconciles inventory accounts. Develops project budgets and contract change budgets. Prepares billing and monitors invoice control. Prepares monthly and annual forecasts and budget plans. Maintains internal controls and contract documentation. Supports external audit requirements. Performs project accounting functions and government compliance reporting. Reconciles project-specific general ledger accounts Key Requirements: 5 years’ experience in accounting/finance, preferably in a project-oriented business. Bachelor of Commerce or Bachelor of Arts (major in Accounting). Professional Accounting Designation (CMA or CGA) or MBA. Experience in long-term project accounting. Good interpersonal skills. Knowledge of SAP and Microsoft Office applications such as Excel and Word Preferred Qualifications: Preferred attributes for the position which are not required in the minimum qualifications (e.g., Master's degree) Base Salary: $84,872 - $100,071. The Company provides an extensive benefits program for all full-time employees working 24 or more hours per week and their eligible dependents, including the following: Health, Dental and Vision plans - 100% of premiums are company-paid Retirement Savings Plan with a company match Company paid holidays - 3 weeks of vacation Company provided Life and accident Insurance, LTD Worklife programs such as Flextime and a variety of Development and Training opportunities This posting relates to an existing vacancy. Our hiring process uses both human and technology‑assisted (AI) tools to support candidate screening and assessment. All results are reviewed by people, and all hiring decisions are made by people. Thank you for your interest in Hitachi Rail. If your application is of interest, we will be in contact. Please do not hesitate to discover more about us and our latest jobs at https://www.hitachirail.com/careers. At Hitachi Rail, there is a place for everyone. We welcome and value differences in background, age, gender, sexuality, family status, disability, race, nationality, ethnicity, religion, and world view. It is our commitment to create an inclusive environment - we are proud to be an equal opportunity employer. We would be delighted if you would be one of our followers at https://www.linkedin.com/company/hitachirail
What you’ll do
The Project Cost Controller acts as the financial lead for projects, overseeing cost control, budgeting, and financial reporting. They are responsible for managing contract changes, ensuring compliance with internal controls, and providing analytical support for commercial negotiations.
Requirements
Candidates must have at least 5 years of experience in accounting or finance, preferably within a project-oriented business. A Bachelor's degree in Accounting or a related field is required, along with a professional accounting designation such as CMA, CGA, or an MBA.
Benefits
• Health insurance • Dental insurance • Vision insurance • Retirement savings plan • Company match • Paid holidays • Vacation • Life insurance • Accident insurance • Long-term disability insurance • Flextime • Development and training opportunities
Listed skills
- Microsoft ExcelPreferred
- Microsoft OfficePreferred
- Microsoft WordPreferred
Other relevant skills
Identified from the job description. Confirm important requirements above.
- Cost control
- Financial management
- Project accounting
- Budgeting
- Forecasting
- Contract management
- Internal controls
- SAP
- Microsoft Office
- Excel
- Word
- Cash flow management
- Foreign exchange exposure
- Financial reporting
- Audit support
- Commercial negotiations
- Compliance Reporting
- Cost Control
- Digital Transformation
- Administrative Functions
- Accounting
- Billing
- Internal Controls
- Finance
- External Auditing
- Financial Management
- Financial Data
- Financial Instrument
- General Ledger
- Leadership
- Innovation
- Interpersonal Communications
- Invoicing
- Project Management
- Negotiation
- Operations
- Program Management
- Project Accounting
- SAP Applications
- Master Of Business Administration (MBA)
Job areas
- Finance & Accounting
- Management & Leadership
- Consulting
- Project Cost Controller
- Project Controls Manager
- Management and Organization Analysts
- Project Management Specialists
Additional details
- Minimum education
- Professional degree
- Minimum experience
- 5+ years
- Posting language
- English
- Working hours
- 40 hours per week
