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Hatch · 1 day ago

Cost Controller

Memphis, TN

Full-time

Onsite

Senior Level

5+ years exp

Hatch is a global company committed to positive change through innovative solutions in mining, energy, and infrastructure. The Site Cost Controller will be responsible for maintaining project cost information, managing budgets, and providing estimates for project funding while ensuring efficient project delivery.

Business Development

Responsibilities

Develop and maintain project cost information, maintain planned and actual cost and commitment schedules

Oversee trends and changes to the project budget and forecast cost estimates

Provide estimates for project and purchase order/contract funds authorization along with variation statements of actual versus budget commitments

FEL3 data verification and set-up planning

Finalize coding of all detailed estimate line items using baselined project control budget (confirmed by Lead Cost Controller) in order to establish package budgets

Project schedule monitoring and updates

Using project schedule and progress reports: obtain progress info and generate data and curves for each cost profile

Establish with the assistance of the Lead Cost Controller asset management methodology, based on client asset management philosophy (asset register)

Produce asset capitalization report in accordance with client requirements

Assign budget for procurement packages, perform budget reconciliation or scope and pricing and produce reconciliation statements

Record and maintain commitments based on procurement contracts, contract amendments, contract change notices, PO revisions

Attend periodic reviews and establish and maintain forecasts for all packages and ensure full coding, based on EPCM status report, expenditures (ex Project Accountant) and project changes/trends (e.g. Trend and Change Coordinator)

Forecast project contingency requirements, escalation, forex, currencies etc

Import detailed actual cost and commitment data into cost system and run complete detailed baseline cost report by package

Participate in the trending and change management process and incorporate approved trends into the project estimate at completion

Update and maintain budget with approved PCNs

Produce and review with Lead Cost Controller cost report and analyze variances

Generate data and curves for each cost profile (baselines and periodic updates)

Update budget, commitment, forecast, payment and cost statement for monthly report

Obtain progress info from EPCM Controller and update EPCM status report

Attend periodic reviews and establish and maintain forecasts for all packages