Do you want to be a part of a forward thinking team, challenging how things are done today to find improved solutions for tomorrow? Are you energetic and driven, with real hunger to progress?
The MDL brand is centred on a unique personality that shapes us in the development of our team and guides us on how we select who should be part of it. We live I
ngenious Instinct
by always being open minded to ideas, whatever they are and whomever they come from. We encourage creativity and problem solving, we challenge our team, our processes and our offering to customers, and we celebrate our successes.
As a Project Cost Controller at MDL, your role is to ensure disciplined financial control across the full project lifecycle. You are responsible for providing timely, accurate, and actionable finance information to support project management decision-making, ensure financial integrity, and enable the successful delivery of projects to target margins.
Line management is provided by the Project Cost Team Lead, supporting your growth, leadership effectiveness, and alignment with MDL's strategic direction. Workflow and prioritisation for you and your team are guided by the Project Management Office to which your resources deliver.
Working as a core part of the Project Controls service function within Global Projects, you collaborate closely with Project Managers, Procurement, Document Control, and Finance to maintain real-time visibility of costs, forecasts, commitments, and performance.
Project Cost Controller and Project Manager:
Budget & Cost Planning
* The PM defines the project scope, schedule, and resource needs.
* The Project Cost Controller ensures financial feasibility by analyzing cost structures and setting up budgetary controls.
Cost Monitoring & Control
* The Project Cost Controller tracks actual costs and alerts the PM to deviations from the budget.
* The PM makes operational adjustments to align with financial constraints.
Forecasting & Decision-Making
* The Project Cost Controller updates scheduler, cost & sales forecasts and financial reports under direction of the PM.
* Review invoice tracker and support weekly meetings
* Project invoicing, including the issuing of Milestone Certificates for Client approval and signature.
* The PM uses this data to optimize resource allocation and adjust project execution strategies.
Change Management & Risk Mitigation
* The Project Cost Controller assesses financial risks related to changes in project scope or delays.
* The PM works with the Project Cost Controller to evaluate and approve change orders.
Stakeholder Communication
* The PM communicates project progress and strategic decisions to clients and teams.
* The Project Cost Controller ensures cost-related information is accurate and available for senior management and auditors.
Accountabilities
* Deliver accurate and timely cost data to Project Managers to support project decision-making.
* Monitor and track all project costs, commitments, and actuals using approved tools and templates.
* Maintain real-time forecasts and provide variance analysis with clear commentary.
* Ensure all cost data complies with internal standards, audit requirements, and ERP integrity.
* Support change control and budget management through documentation and cost impact assessments.
* Produce monthly reports and cost summaries in standard MDL formats.
* Collaborate with Procurement, Document Control, and Finance to ensure cost integrity.
* Provide clear communication of financial data to both technical and non-technical stakeholders.
* Participate in project meetings, reviews, and retrospectives to provide financial insight.
* Escalate anomalies or emerging cost risks to the Project Manager and Cost Team Lead as needed.
* To follow the process of continuous improvement and to demonstrate a continuous improvement approach towards all processes, products and tasks within their role, to maintain and report key performance indicators, and to act as required to ensure agreed performance standards and expectations are achieved or excelled.
* To maintain good relationships with clients and other stakeholders as well as to act as an MDL ambassador at all times.
* To show commitment to HSEQ and to set good personal examples on HSEQ issues within their area of operation and influence. Required to report all accidents and near misses to their line manager, and to always lead by example and set high standards in all aspects of their role.
* To actively participate in all aspects of HSEQ awareness, education, training and communication. Accountable for stopping a job if perceived that it is not safe to progress for personnel or the equipment/ product, or if not adhering to MDL standards or procedures.
* To encourage the team to challenge internal and external processes, procedures and methodologies to improve the MDL offering.
* To actively encourage innovation within the team, driving ideas form back-deck operations through the organisation.
Qualifications (Education, Experience and Training)
* Minimum 3 years' experience in a project cost control or project accounting role.
* Database knowledge in Project / Finance Software and cloud based SharePoint advantageous.
* Formal qualification (Finance, Engineering, or related discipline) - Preferred.
* Familiarity with ERP and cost management software.
* Strong Microsoft Excel skills and financial modelling ability.
* Understanding of the full project lifecycle and cost management principles.
At Maritime Developments, we believe that diversity drives innovation and success. We are committed to creating an inclusive environment where all employees feel valued and supported. We are an equal opportunity employer and encourage applications from individuals of all backgrounds, experiences, and abilities.
For more information on Maritime Developments please visit our Website Maritime Developments | Tailored consultancy, equipment and personnel packages and LinkedIn page (7) Maritime Developments Limited: Posts | LinkedIn.