Cost Specialist

Cost Specialist

Location: Sweden (Boden)
Contract Type: Annually Renewable Contract
Rotation/Work Schedule: 6/2 rotation (53 hours per week, Mon-Sat, half day Sat usually) or Residential (5 days a week, 8 hours a day)
Benefits: Daily rate, accommodation, rotational flights

Job Brief

The Cost Control Specialist will support the project team in managing, monitoring, and reporting project costs across multidisciplinary construction activities. Working under the guidance of the Lead Cost Engineer and as part of the wider Project Controls team, the role will support project budgeting, forecasting, cost tracking, change management, and reporting. The position will work closely with Construction, Subcontract Management, Project Controls, and Project Management teams to monitor actual and forecast costs, track commitments and expenditure, and identify potential cost trends or variances. Previous site-based experience is strongly preferred.

Key Tasks and Responsibilities

• Support the development and maintenance of project cost control plans and procedures.
• Assist with the development and maintenance of the project WBS and CBS.
• Support the conversion of project estimates into approved project budgets.
• Maintain and update project cost databases covering engineering, procurement, and construction activities.
• Track actual costs, commitments, forecast expenditure, and project progress.
• Support the preparation of Estimate at Completion (EAC) and Estimate to Complete (ETC) forecasts.
• Analyse project cost and quantity trends and highlight potential variances or emerging issues.
• Monitor construction productivity, manpower, progress, and associated cost performance.
• Support cost forecasting across construction disciplines and subcontract packages.
• Assist with subcontractor cost reviews, variations, and change management.
• Maintain cost reports and provide regular updates to the Lead Cost Engineer and Project Controls team.
• Support preparation of internal and client-facing cost reports.
• Assist with cost analysis for change orders, variations, and potential claims.
• Support the project change management and cost trending processes.
• Assist with project risk and contingency analysis.
• Support monthly project forecasting and reporting cycles.
• Work closely with Project Accounting to ensure accurate recording of project costs and commitments.
• Support the client invoicing process where required.
• Maintain accurate cost-control records and supporting documentation.
• Identify potential cost issues and escalate them to senior members of the Project Controls team.
• Work with planning, estimating, material control, procurement, and construction teams to ensure alignment of project cost information.

Essential Qualifications and Experience

• Bachelor's degree in Engineering, Construction Management, Quantity Surveying, Finance, or a related discipline preferred.
• Minimum 5 years of relevant Cost Control / Cost Engineering experience.
• Experience working on multidisciplinary construction or EPC projects.
• Good understanding of project controls and cost management principles.
• Experience with budgeting, forecasting, commitments, actual costs, and cost reporting.
• Understanding of WBS and CBS structures.
• Exposure to change management and cost trending.
• Strong analytical and numerical skills.
• Good communication skills and ability to work effectively within multidisciplinary project teams.
• Strong Microsoft Excel skills.

Preferred Qualifications and Experience

• Experience within EPC, oil & gas, petrochemical, energy, industrial, or major construction projects.
• Previous site-based project experience.
• Experience supporting cost management of subcontractors, equipment, and materials.
• Familiarity with earned value and progress measurement principles.
• Experience with financial/project management systems such as SAP, JD Edwards, or similar.
• Proficient in Microsoft Excel, PowerPoint, and Word.