Cost Control Officer

Job Description

JOB POSTING : COST CONTROL OFFICER DEPARTMENT : PROJECT SERVICES & BI STRATUM OF ROLE : I H EMPLOYMENT STATUS : PERMANENT CLOSING DATE : 24th MARCH 2025

ROLE PURPOSE

Responsibilities

The purpose of the role is to assist the Project Services & Business Improvement department with respect to project cost control/management function, specifically assisting in updating the Sustaining Capital Detailed Time-Phased Cost Model. The role holder will also be responsible for tracking, analysing, and monitoring costs on projects to ensure that:

  • Cost control estimates and related contingencies are reasonable and adequate.
  • An accurate forecast is always maintained.
  • The detailed project cost model is always up-to-date and used as a reference point for performance measurements.
  • Costs are contained within control estimates and spending progress is maintained to plan.
  • Commitments and actuals are tracked weekly

Key Accountabilities

  • Understand all contract documents, agreements, procedures, instructions, and other requirements relevant to project costing
  • Assist in establishing, maintaining, and managing project budgets, actual and committed costs, invoicing, forecasts and cost estimates, cash flow, and the SOX auditing process.
  • Generate and report regular project financial data such as spend profiles, budgeted, and earned values, forecasts, completion costs, etc.
  • Provide expenditure forecasts identifying variances against the budget.
  • Analyse all project cost data to proactively identify potential issues and where required develop and propose alternative solutions to bring the project back within budget.
  • Monitor project activities and progress against the plan to identify change events that may adversely impact the costs of projects Report any defective controls, breaches, or non-compliance for correction.
  • Create purchase requisitions for approval
  • Identify and utilize appropriate information from the contractors’ project cost systems to ensure the project cost progress reports are aligned with agreed contract terms and conditions.
  • Review and recommend approval for payment for contractor progress claims and invoicing.
  • Assist in developing and implementing processes for monitoring and reporting potential disputes related to contract costing between Contractors and AGAG
  • Conduct reviews, observations, and other monitoring techniques to monitor, track, and validate project costs.
  • Support weekly, monthly, quarterly, and ad hoc project reporting including cash flow forecast, variance analysis, and cost value reporting.
  • Demonstrate strong SHE leadership and assist in promoting a strong SHE culture within the PSBI department and across site..

Qualification, Experience And Technical Competencies

Qualification

  • Bachelor’s degree in Finance, Economics, Engineering, Construction Management, or related qualification

Experience

  • Must have a minimum of 2 years of work experience in a similar role, preferably in a mining environment.
  • Basic knowledge of Project Controls/Management – WBS (scope control), Earned Value Management, Cost Reporting and Analysis, SAP PS System
  • Contracts and subcontract pre- and post-award management experience
  • Knowledge of cost baseline development

Other Competencies

  • Able to multitask, prioritize, and manage time efficiently.
  • Proficient computer skills, Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel)
  • Ability to build and maintain effective cross-functional working relationships

MODE OF APPLICATION

Interested Ghanaian applicants should review the requirements and upload the necessary documents to apply for the job.

Female applicants who meet the minimum requirements are encouraged to apply.

CLOSING DATE: 24TH MARCH, 2025

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