Project Cost Controller

Job summary

The Project Cost Controller will be responsible for ensuring accurate and timely job cost reporting across all projects, reviewing budgets and risks, ensuring workflows and proper controls are followed, coordinating with project and accounting teams on financial processes, and driving continuous improvement in project accounting systems and policies. Responsibilities • Ensure the accuracy, timeliness, and reliability of Job Cost information across all projects, including budgets and actuals. • Review all project budgets weekly at a division and/or sub-contract level to assess quantities, pric…

Job details

The Project Cost Controller will be responsible for ensuring accurate and timely job cost reporting across all projects, reviewing budgets and risks, ensuring workflows and proper controls are followed, coordinating with project and accounting teams on financial processes, and driving continuous improvement in project accounting systems and policies. Responsibilities • Ensure the accuracy, timeliness, and reliability of Job Cost information across all projects, including budgets and actuals. • Review all project budgets weekly at a division and/or sub-contract level to assess quantities, pricing, rates, schedules, and other key inputs/assumptions, to assess key risk areas and recommend mitigants. • Generate, review, analyze, and present action plans based upon weekly and monthly Job Cost reports and other project monitoring information as required. • Prepare monthly progress draws with updated project budgets including all invoices, statutory declarations, change orders, WSIB and insurance back-up for submission to the Quantity Surveyor within the last 5 days of each month • Work closely with Project Management and Accounting Services to coordinate the creation, approval and maintenance of Vendor Packages, Purchase Orders, Contracts, entry and payment of Vendor Invoices in accordance with the Construction Lien Act requirements, including holdback monitoring and release • Together with Project Management, implement and enforce controls for approval workflows and invoice matching to purchase orders and contracts • Build and update cashflow forecasts for future project draws based on updated project schedules provided by Project Management for cash requirements planning • Participate in all Project start-up and close-out meetings by providing required documentation and reports, providing financial insights, and implementing action plans. • Lead the ongoing evaluation of and optimization of all project accounting systems and processes, and the development and implementation of enhanced policies and procedures. • Minimum 3–5 years of Cost Controller or Project Accounting experience in the industry • Bachelor’s degree in related field • Strong knowledge of budgeting, forecasting, and job cost reporting processes • Proficiency with accounting software and ERP systems; advanced Excel skills required • Excellent analytical, problem-solving, and organizational abilities with attention to detail • Strong communication and interpersonal skills to collaborate effectively with project managers, vendors, and accounting teams Dental care Extended health care Vision care Extensive EFAP program Virtual Urgent Care Accommodations Kingsley Management Inc. is committed to providing an accessible and supportive recruitment experience for persons with disabilities. If you require accommodations at any stage of the recruitment process, please notify us in advance at [email protected] AI Usage As part of our hiring process, we use AI-powered tools to assist in screening resumes. These technologies help us efficiently identify candidates whose qualifications align with the role, ensuring a fair and consistent evaluation process. By clicking "Apply," you acknowledge and consent to the use of AI in our recruitment workflow. #INDKM

What you’ll do

The Project Cost Controller ensures accurate job cost reporting and budget reliability across all projects while managing financial workflows and controls. They are responsible for preparing monthly progress draws, coordinating vendor payments, and optimizing project accounting systems.

Requirements

Candidates must have 3-5 years of cost controller or project accounting experience and a bachelor's degree in a related field. Proficiency in ERP systems, advanced Excel, and strong knowledge of budgeting and forecasting processes are required.

Benefits

• Dental Care • Extended Health Care • Vision Care • Extensive EFAP Program • Virtual Urgent Care

Listed skills

• Continuous Improvement · Preferred
• Recruitment · Preferred
• Budgeting · Preferred
• Reliability · Preferred
• ERP · Preferred
• Teams · Preferred
• management · Preferred
• Reporting · Preferred
• Accuracy · Preferred
• contracts · Preferred
• Accounting · Preferred
• Project management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Job Cost Reporting
• Budgeting
• Forecasting
• Financial Analysis
• ERP Systems
• Advanced Excel
• Cashflow Forecasting
• Project Accounting
• Risk Assessment
• Invoice Matching
• Vendor Management
• Analytical Thinking
• Problem Solving
• Organizational Skills
• Interpersonal Communication
• Project Monitoring