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Are you a detail-oriented financial professional looking to elevate your career with a global leader? Randstad is seeking a talented Junior Project Cost Controller for an exciting contract opportunity based in Ottawa. In this role, you will act as a pivotal bridge between Finance and the Project Management Office (PMO), providing crucial economic and administrative support. This is a full-time 14-month contract position (40 hours per week). Operating under a highly flexible hybrid work model, you will collaborate with your team on-site in Ottawa while enjoying the convenience of working from home.
Job Responsibility
Responsible for cost control and ensures that it is in conformance with company’s policy
Develops and prepares project budget and contract changes
In collaboration with PMO, maintains financial budget and Estimate At Completion in Primavera
Validates jointly with Project Management Office and Finance Manager to resolve any inconsistency and Estimate At Completion changes
Prepares, validates with Project Manager the monthly re-forecasting of Sales, Gross Margin, Cost Variance, Adjusted Gross Margin and Cash-in and ensures that the information is in time to be integrated on the monthly Company Operational Budget Review (OBR)
Project Cash monitoring and liaises with the Company’s Treasurer on project cash flow, foreign exchange exposure, hedging activities and customer cash collection
Produces monthly project report (Dashboard) and forecasts data package with major risks and opportunities identified. Of which main tasks are: Actual cost validation, Commitment cost validation, Estimate to Complete (ETC) validation and control check
Produces external weekly and monthly reporting as required, monitoring actuals and budgets
Produces external task forecasts of project burn-rate for level of effort contracts as required
Supports Business Control Manager in the monthly Project Control Group processes – Timesheet Admin, monthly programmatic consolidation of all projects, financial analysis.
Prepares project pricing and supports internal pricing specialist on bids
Supports and provides timely project billing
Works on establishing overarching global project processes for improved monitoring and control
Performs special project assignments as requested
Requirements
Bachelor of Commerce or Bachelor of Arts (major in Accounting), and/or similar education and equivalent experience
1-3 years of experience in large multi-national or national organization, in the Defense & Security sector or previous experience in project cost controlling
Experience working on projects and knowledge of basic project management and the project lifecycle
Knowledge and previous experience working with different business systems and tools (i.e. SAP, Primavera and Excel)
What we offer
Company paid Extended Health, Dental, HSA, Life, AD&D, Short-term Disability, Cancer Care Program, travel insurance, Employee Assistance Plan and Well-Being program
Retirement Savings Plans (RRSP, DCPP, TFSA) with a company contribution and a match to a DCPP, with no vesting period
Company paid holidays, vacation days, and paid sick leave