Project Cost Controller

Description

The Project Cost Controller role focuses on the financial health of specific projects, combining proactive cost management and real-time analysis with traditional accounting, billing, and reporting functions. Its primary objective is to ensure projects are completed within budget while maximizing profitability and maintaining financial compliance.

This position supports the Lake Mariner Data project in Barker/Somerset, NY, and is a full-time on-site role.

• Develop, manage, and monitor project-specific budgets and financial forecasts, analyzing data for trends, risks, and improvement opportunities.
• Track all project expenses (labor, materials, overhead) and conduct variance analysis with commentary on deviations.
• Prepare timely financial, cost, and budget status reports for project managers, senior management, and stakeholders; maintain audit‑ready records.
• Oversee client billing and vendor/subcontractor invoicing, ensuring accuracy, timely payment, and compliance with GAAP/IFRS and internal policies.
• Collaborate with project executives and management to provide financial insights, recommend cost‑saving measures, and support decision‑making.
• Assist month‑end and year‑end closing, including ECAC, earned value calculations, cost reconciliations, and billing/cost accruals.
• Utilize Sage Timberline, Procore, and MS Access modules to align with company project management standards.

Requirements

• Hold a bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Possess at least two years of experience in project or cost accounting or financial analysis, preferably in construction, manufacturing, or engineering.
• Proficient in accounting software (e.g., Timberline) and project management tools; advanced Excel skills for data analysis and reporting.
• Demonstrate strong understanding of accounting principles, cost management techniques, attention to detail, and analytical abilities.
• Exhibit strong communication, interpersonal, and problem‑solving skills, managing multiple priorities in a deadline‑driven environment.

Benefits

The annual salary range is $85,000 to $110,000, subject to location, experience, and other factors. O’Connell Electric aims to reward performance with competitive pay and benefits.

Training + Development

Interview process

Visa Sponsorship

Security clearance