Projects Cost Controller

TERNA ENERGY, member of Masdar Group, is seeking a:

Projects Cost Controller

Essential Functions for the Role

• Monitor and control project budgets, cost performance, and financial progress across large-scale infrastructure and energy projects.
• Lead the implementation and maintenance of integrated project controls and financial reporting frameworks.
• Review and validate progress certifications, unit rate analyses, and contractor cost submissions.
• Ensure alignment of project cost reporting with approved baselines, forecasts, and schedules.
• Support project teams through Earned Value Management (EVM) analysis, including CPI and SPI performance indicators.
• Develop and maintain reporting dashboards, forecasting tools, cost trackers, and project control templates.
• Coordinate with PMO, construction, and engineering teams to support effective project governance and cost optimization.
• Identify financial risks, deviations, and corrective actions to ensure overall project performance and accountability.

Requirements

• Bachelor’s degree in Engineering, Construction Management, Finance, or a related field.
• Master’s degree in Engineering or Construction Economics will be considered an asset.
• Professional certification such as CCP, PMP, or PRINCE2 will be considered an advantage.
• Minimum 10 years of experience in Project Controls, Cost Control, or PMO functions within capital-intensive projects.
• Strong understanding of Earned Value Management (EVM), cost forecasting, and performance analytics.
• Experience in progress certification reviews and cost verification procedures.
• Proficiency in project controls software and reporting/dashboard tools.
• Experience in large infrastructure, renewable energy, or hydropower projects will be considered an advantage.
• Excellent knowledge of English language (both oral and written).
• Excellent knowledge of MS Office applications, especially Excel.