Text copied to clipboard!
Title
Text copied to clipboard!Junior Cost Control Specialist
Description
Text copied to clipboard!
We are looking for a Junior Cost Control Specialist to join our finance or project management team and support the effective monitoring and control of project costs. This entry-level position is ideal for recent graduates or individuals with some experience in cost control, budgeting, or financial analysis. The Junior Cost Control Specialist will assist in tracking project expenditures, preparing cost reports, and ensuring that financial resources are used efficiently.
As a Junior Cost Control Specialist, you will work closely with project managers, accountants, and procurement teams to gather data, analyze cost trends, and forecast future spending. You will help ensure that projects remain within budget and that any deviations are identified and addressed promptly. This role requires strong analytical skills, attention to detail, and the ability to work with large datasets and financial software.
Key responsibilities include assisting in the preparation of cost estimates, monitoring actual costs against budgets, and generating regular financial reports. You will also support the development of cost control procedures and help identify opportunities for cost savings. The ideal candidate will have a background in finance, accounting, engineering, or a related field, and be eager to learn and grow within a dynamic team environment.
This position offers a great opportunity to gain hands-on experience in cost control and project finance, with potential for career advancement into more senior roles. If you are detail-oriented, organized, and passionate about financial management, we encourage you to apply.
Responsibilities
Text copied to clipboard!- Assist in preparing and maintaining project budgets and cost estimates
- Monitor actual project costs and compare them to budgeted amounts
- Generate regular cost reports and financial summaries
- Support the development and implementation of cost control procedures
- Collaborate with project managers and finance teams to track expenditures
- Analyze cost trends and forecast future spending
- Help identify cost-saving opportunities and efficiency improvements
- Maintain accurate records of financial transactions and project data
- Assist in preparing financial documentation for audits and reviews
- Use financial software and tools to manage cost data
Requirements
Text copied to clipboard!- Bachelor’s degree in Finance, Accounting, Engineering, or related field
- Strong analytical and numerical skills
- Proficiency in Microsoft Excel and financial software
- Attention to detail and high level of accuracy
- Good communication and teamwork skills
- Ability to manage multiple tasks and meet deadlines
- Basic understanding of budgeting and cost control principles
- Willingness to learn and adapt in a fast-paced environment
- Experience with ERP systems is a plus
- Internship or prior experience in a similar role is advantageous
Potential interview questions
Text copied to clipboard!- What experience do you have with cost control or budgeting?
- Are you familiar with any financial or ERP software?
- How do you ensure accuracy in your financial reports?
- Can you describe a time you identified a cost-saving opportunity?
- How do you prioritize tasks when working on multiple projects?
- What interests you about working in cost control?
- Have you worked with cross-functional teams before?
- What is your proficiency level in Microsoft Excel?
- Are you comfortable working with large datasets?
- What are your long-term career goals in finance or project management?
