Cost Controller (Data Center)

Descriptions: Tender Evaluation & Quotation Review: 1. Review and verify all incoming tender quotations from subcontractors and suppliers. 2. Ensure the accuracy of quantities, costs, and scope of work in the submitted tenders. 3. Assess whether the proposed quotes align with the project specifications and identify any discrepancies or cost-saving opportunities. 4. Prepare detailed tender evaluation reports for internal review. Cost Control & Budget Management: 1. Develop and manage the project budget, ensuring that costs are controlled and remain within the agreed financial limits. 2. Regularly track and compare actual costs with the budget and provide recommendations for cost-saving measures if needed. 3. Monitor cash flow, manage cost forecasts, and provide timely updates to senior management regarding project expenditures. Change Management & Scope of Work Control: 1. Assess and quantify changes to the scope of work, including variations, and determine their impact on costs. 2. Review, negotiate, and document any claims for changes or additional work, ensuring that they are properly authorized and reflected in the budget. 3. Ensure that all changes are captured and addressed efficiently throughout the project lifecycle. Performance Claim & Payment Management: 1. Validate and review subcontractor claims for progress payments, performance claims, and any related invoices. 2. Verify the completion of work against claims submitted, ensuring that payments align with contract terms and work completed. 3. Manage the timely submission and resolution of performance claims for additional work or delays. Contract Administration & Compliance: 1. Assist in the administration of contracts with subcontractors and suppliers, ensuring compliance with agreed terms and conditions. 2. Review and assess variations or adjustments to contracts and ensure they are properly documented and agreed upon. 3. Ensure that the company is not exposed to unnecessary financial risk through non-compliance or mismanagement of contractual terms. Cost Reporting & Documentation: 1. Prepare and submit detailed cost reports, including budget status, cost forecasts, and variance analysis, to senior management and stakeholders. 2. Maintain accurate records of all financial documentation related to the project, including purchase orders, contracts, invoices, and variation orders. 3. Ensure all project financial records are kept in accordance with company standards and regulatory requirements. Risk Management & Value Engineering: 1. Identify and assess financial risks associated with the project, including potential cost overruns, and develop strategies to mitigate those risks. 2. Collaborate with project teams to evaluate cost-effective alternatives and implement value engineering solutions to optimize project spending. Coordination with Project Team: 1. Work closely with project managers, engineers, and other team members to monitor and control project costs effectively. 2. Provide support and advice on cost-related matters, including budgeting, forecasting, and cost-saving opportunities. 3. Attend project meetings to discuss financial status, highlight potential issues, and recommend corrective actions. Requirements: 1. Minimum of 5-7 years of experience in cost control and project management, with at least 3 years of experience working on data center projects. 2. Proven track record in managing the financial aspects of large-scale construction projects, particularly in the data center or similar critical infrastructure sectors. 3. Skills - Strong proficiency in cost estimation, budgeting, cost forecasting, and financial reporting. 4. In-depth understanding of project cost control systems and software such as MS Project, Primavera, or similar tools. 5. Solid knowledge of local regulations and standards within Malaysia, particularly related to data centers and infrastructure development. 6. Ability to manage multiple projects simultaneously while ensuring cost efficiency and alignment with the budget. 7. Excellent analytical skills and attention to detail, with the ability to identify and resolve cost discrepancies quickly. 8. Strong communication and interpersonal skills to work effectively with project managers, engineers, contractors, and other stakeholders. 9. Ability to prepare and present detailed reports to senior management. Personal Attributes: 10. Strong problem-solving abilities, with a proactive and strategic approach to cost management. 11. Ability to thrive in a fast-paced, dynamic project environment. 12. A strong sense of responsibility and ownership over the financial aspects of the projects.