Wood Digital Consulting (DC) is recruiting for a Cost Controller to support our UK projects. Prepares and reports project cost budgets, ensuring budgets and reports are prepared to the required level of detail and accuracy in accordance with contractual requirements and Wood policies, procedures and standards. This will typically involve the review, analysis and reporting of actual and forecasted project costs against the project approved budget. Supports in the management and development of the Cost team, the management of project budgets, actual and forecast costs, and the preparation and filing of project cost documentation. May act as the focal point for several smaller, less complex project scopes. Join a culture of innovation, pushing the boundaries of what is possible to seek the best solutions for our clients. This is a hybrid role that can be based anywhere in the UK, mobility and travel to customer sites and face to face meetings with colleagues will be expected as required. Must be able to pass HMG Baseline Personnel Security Standard (BPSS) check. Develop, issue and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes Liaise with other Project Controls disciplines and functions, assist and support in the development of project budgets in accordance with the Basis of Estimate including statements of work scope, assumptions, man-hour estimates, narratives and review & comment of client documents Liaise with procurement, finance and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs. Ensure costs are allocated accurately in accordance with approved project WBS Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule and cost forecast Facilitate and manage the project work approval process in terms of accurate cost code allocation and initial budget set-up and approvals Develop and maintain project cost budgets using appropriate software applications Monitor and control cost commitments and expenditures through all phases of project lifecycle Liaise with planning as required to ensure accuracy in project cost phasing and forecasting Prepare and provide project cost performance reports in accordance with project reporting requirements Prepare and issue updates to project cost forecasts Monitor and report on cost impact of project manpower forecasts Facilitate and communicate cost and schedule impact of change notifications Monitor overall project cost performance and contingency drawdown Coordinate the project cost close-out process Participate in Project Controls Compliance and Continuous Improvement Reviews Assist and support in the mentoring of junior Cost personnel Responsible for delivering cost budgets and reports where; Budgets correspond in structure and monetary value to submitted estimates, the WBS & CBS Original and current budgets correspond to approved estimates plus approved scope changes through the project life cycle Updates issued in a timely manner and cost reports are accurate within the bounds of the cost system Projects are reported accurately and with sufficient detail Project issues are highlighted in a timely manner Typically requires ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience) Incumbents will typically have relevant cost experience Proficient knowledge of cost software and related principles, tools and techniques including budgeting, forecasting and cash-flow Proficient knowledge of Project Execution Procedures for Cost Management including Change Management Proficient understanding of WBS & CBS structures and project reporting capabilities Proficient ability to develop project cost budgets and change estimates Proficient ability to prepare cost reports Understanding of change management and associated cost and schedule processes Understanding of earned value application, cost and schedule variance analyses/trending and what if scenarios Understanding of project management principles and techniques Understanding of Cost Management, Change Control, Planning & Risk Analysis & Management