Cost Control Specialist II
Spectraforce
Markham, Ontario
3 hours ago
Job Description
Title: Cost Control Specialist II
Location: North York (VPC), Markham, Ontario
Duration: 12 Months
Work Model: Hybrid – 3 days onsite (Mon/Tues/Thurs), 2 days remote (Wed and Fri) (subject to change)
Job Summary
The Cost Control Specialist provides cost control, forecasting, variance analysis, and reporting support to Project Management. This role works closely with Project Managers and project stakeholders to ensure accurate tracking and reconciliation.
Roles and Responsibilities
Must Have Skills
Nice to Have Skills
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 31.67/hr.
Location: North York (VPC), Markham, Ontario
Duration: 12 Months
Work Model: Hybrid – 3 days onsite (Mon/Tues/Thurs), 2 days remote (Wed and Fri) (subject to change)
Job Summary
The Cost Control Specialist provides cost control, forecasting, variance analysis, and reporting support to Project Management. This role works closely with Project Managers and project stakeholders to ensure accurate tracking and reconciliation.
Roles and Responsibilities
- Daily and weekly project cost tracking and reconciliation in accordance with processes and procedures.
- Review, code, and track invoices for proper cost allocation.
- Update trackers using SAP/Oracle, POs, invoices, and vendor data.
- Resolve cost discrepancies.
- Perform monthly accruals and affiliate billings.
- Provide variance analysis and reporting.
- Prepare reports, dashboards, and presentations.
- Track scope changes and maintain change logs.
- Ensure sanctioned cost control processes are applied.
- Capture data for benchmarking and improvement.
- Coordinate weekly Project Controls meetings and minutes.
- Work collaboratively with Project Managers, Finance, and stakeholders.
- Provide management updates.
- Identify solutions to project controls challenges.
- Coordinate documentation, files, standards, and compliance.
- Adapt cost control strategies as project needs evolve.
- Communicating and working effectively with a group of stakeholders on a regular basis.
- Supporting project organization by identifying and implementing innovative solutions to project controls challenges.
- Coordinating associated administrative matters, e.g., documentation, files, standards and regulations etc.
- Working with the assigned project management team to provide updates to Management.
- Adapt cost management strategies, as required, to meet the needs of projects managed by the department.
- Ensuring each project team consistently applies sanctioned cost control processes throughout project execution.
- Performing other related duties, as assigned.
Must Have Skills
- Related university degree or previous field operations experience, OR mix of formal education and experience.
- Thorough understanding of Distribution Operations procedures and policies.
- Excellent organizational, analytical, and communication skills.
- Demonstrate effective working relationships with peers and internal/external customers.
- Thorough knowledge of various computer software programs including spreadsheet and word processor.
- Excellent analytical, communication and interpersonal skills.
- Advanced working knowledge of related Microsoft Office software, company financial systems, enterprise structure and standard operating procedures, etc.
- Ability to effectively manage and prioritize workload and resolve issues in a timely manner.
- Ability to communicate effectively, both verbally and in written form, including interaction with peers, internal and external stakeholders.
Nice to Have Skills
- Project Management Professional designation, AACE certification, and/or
- Professional Engineering designation are assets.
Applicant Notices & Disclaimers
- For information on benefits, equal opportunity employment, and location-specific applicant notices, click here
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 31.67/hr.