Senior Cost Controller at Desicon Engineering Limited
For over 40 years, DESICON Engineering Limited has been an indigenous industry leader providing innovative Engineering, Procurement and Construction (EPC) solutions to our clients. Knowledge, technical innovation and teamwork are at the centre of who we are. We are focused on leveraging these assets to deliver Instrumentation Maintenance and Construction, Procurement and Consultancy solutions to the Nigerian Energy sector.
We are an ISO (9001:2008) certified organisation, and we are focused on continuing to improve our processes to exceed our client expectations. We are proud to be the first indigenous company to own and operate a fully equipped Electrical & Instrumentation facility with an attached calibration workshop; a further indication of our dedication to providing superior service and value for money to our clients.KEY RESPONSIBILITIES
Develop, implement and maintain project cost control systems, procedures and reporting frameworks.
Prepare project budgets, cost estimates, cash flow forecasts and cost baselines.
Monitor actual project expenditure against approved budgets and identify cost variances.
Analyse project commitments, actual costs, accruals and forecast costs to completion.
Prepare regular cost reports, management dashboards and financial performance updates.
Conduct cost variance analysis and recommend corrective actions to minimise cost overruns.
Monitor project changes, variations and their financial implications.
Work closely with Project Managers, Planning Engineers, Procurement, Finance and Contracts teams to ensure effective cost management.
Review subcontractor, vendor and supplier cost submissions in line with approved project budgets.
Support project forecasting, cost reconciliation and financial close-out activities.
Identify potential financial risks and provide early warnings to project management.
Ensure compliance with project cost control procedures, contractual requirements and company policies.
QUALIFICATIONS & EXPERIENCE
Bachelor\'s degree in Accounting, Finance, Economics, Engineering or a related discipline.
Professional certification such as ICAN, ACCA, CIMA or equivalent will be an added advantage.
Minimum of 7–10 years\' relevant experience in project cost control, preferably within an EPC, Oil & Gas, Engineering or Construction environment.
Proven experience in project budgeting, cost forecasting, variance analysis and financial reporting.
Demonstrable experience managing project costs across multiple work packages or projects.
Good understanding of project management principles, contract administration and cost control methodologies.
REQUIRED SKILLS & COMPETENCIES
Strong analytical, numerical and financial management skills.
Proficiency in Microsoft Excel and project cost management tools.
Knowledge of ERP systems and project management software.
Strong understanding of project budgeting, cost forecasting and financial controls.
Excellent communication, reporting and stakeholder management skills.
Strong attention to detail and problem-solving ability.
Ability to work under pressure and meet demanding project deadlines.
High level of integrity, accountability and professional judgment.