Project Cost Controller - Finance

Project Cost Controller – Finance

Company: Cloud9 Networks
Location: Dubai, UAE
Department: Finance
Employment Type: Full-time

Job Summary

Cloud9 Networks is looking for an experienced Project Cost Controller to join our Finance Department. The role will be responsible for monitoring and controlling project costs, budgets, commitments, expenditures, and financial performance across multiple projects.

The ideal candidate will have a strong background in finance, accounting, and project cost control, with the ability to analyze project financial data, identify cost variances, prepare reports, and work closely with project, procurement, operations, and finance teams to ensure projects remain financially controlled and within approved budgets.

Key Responsibilities

• Monitor and control project budgets, actual costs, commitments, and expenditures.
• Track project financial performance against approved budgets and forecasts.
• Prepare regular project cost reports, budget reports, variance analysis, and financial dashboards.
• Analyze cost variances and identify areas of overspending or potential cost risks.
• Work closely with Project Managers, Operations, Procurement, and Finance teams to ensure accurate project cost tracking.
• Review purchase orders, invoices, material costs, subcontractor costs, and other project-related expenses.
• Monitor project commitments and ensure costs are correctly allocated to the relevant projects and cost codes.
• Maintain accurate project cost records and ensure financial data is updated on a timely basis.
• Support project budgeting, forecasting, and cost-to-complete calculations.
• Prepare monthly project cost forecasts and highlight potential budget overruns.
• Assist in monitoring project profitability, gross margins, revenue, and cost performance.
• Review project financial transactions and ensure appropriate accounting and cost allocation.
• Coordinate with Accounts Payable and Accounts Receivable teams regarding project-related invoices and payments.
• Support month-end and year-end closing activities related to project accounts.
• Assist with project audits and provide supporting financial documentation when required.
• Identify cost-control opportunities and recommend corrective actions to management.
• Ensure project financial information is maintained in accordance with company policies and accounting standards.
• Prepare management reports and provide financial insights to support project and business decisions.
• Maintain proper documentation and records for all project financial activities.

Requirements

• Bachelor's degree in Finance, Accounting, Commerce, Business Administration, or a related field.
• Professional qualification such as ACCA, CMA, CPA, or equivalent is an advantage.
• 3–5 years of relevant experience in project cost control, project finance, management accounting, or financial analysis.
• Experience in project-based organizations, construction, engineering, technology, data center, infrastructure, or similar industries is preferred.
• Strong understanding of project costing, budgeting, forecasting, variance analysis, and financial reporting.
• Experience monitoring project budgets, actual costs, commitments, and profitability.
• Strong knowledge of accounting principles and financial controls.
• Excellent Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, and financial reporting.
• Experience working with ERP/accounting systems and financial reporting tools.
• Strong analytical and numerical skills with excellent attention to detail.
• Good communication and coordination skills.
• Ability to work with multiple projects and meet reporting deadlines.
• Strong problem-solving skills and ability to identify financial risks and discrepancies.

Preferred Experience

Candidates with experience in data center, IT infrastructure, construction, engineering, telecom, or project-based organizations will be preferred.

Experience in managing costs across multiple projects simultaneously and working closely with project and procurement teams will be an advantage.

What We Offer

• Competitive salary based on qualifications and experience.
• Opportunity to work within a growing data center and infrastructure organization.
• Professional development and career growth opportunities.
• Collaborative and professional working environment.

Interested candidates are invited to apply with their updated CV.

Application Question(s):

• What is your current salary ?
• what is your expected salary ?
• your notice period ?
• Current Visa ?
• Availability for an face to face interview - Please mention nearest date and time

Work Location: In person