Cost Control Specialist

Job Purpose: The Cost Control Specialist owns the company's annual OPEX and CAPEX budget cycle and keeps spending on plan. The role builds and maintains the financial models required by lenders, shareholders and the Grantor, tracks every project and department against budget, and flags overruns early with a mitigation plan. It ensures all costs are captured in line with IFRS, SOCPA and regulatory requirements, and gives senior management and the Board clear, timely reporting on cost performance. Job Responsibilities: - Lead annual OPEX and CAPEX budget preparation with department heads; challenge assumptions and enforce alignment with corporate strategy. - Review and validate financial data from departments to ensure accuracy and completeness. - Develop the budget template, timelines, guidelines and procedures. - Develop the annual traffic forecast in coordination with the Slots Department for budgeting purposes, with external advisors' assistance if necessary. - Develop and update financial models for CAPEX projects in line with lender, shareholder and Grantor requirements. - Work with the Strategy and Treasury departments to develop financial models for new business and investment opportunities; validate assumptions with related departments. - Coordinate with lenders on project finance reporting, budget vs. actual and compliance certificates under the financing agreements and develop the related lender reports. - Monitor cost vs. budget for each OPEX and CAPEX project and each department; flag overruns early and propose mitigation plans. - Analyze cost drivers and identify savings and efficiency opportunities. - Maintain cost control systems in the ERP, ensuring WBS elements, cost centers and internal orders are set up correctly. - Validate all fixed asset capitalization before it is recorded in the ERP. - Drive automation of budget reporting and reduce manual consolidation time. - Work with Operations and project teams to validate scope changes and their budget impact before management approval. - Establish cost control policies, approval matrices and guidelines for project controls. - Partner with Procurement on contract commitments, accruals and PO tracking to prevent budget leakage. - Prepare the Board and Management Pack, including KPI dashboards, cost trends, commitments vs. actuals and forecast outlook. - Ensure all costs are captured in line with IFRS, SOCPA and other regulatory requirements. - Support internal and external audits on budget, accruals, CAPEX capitalization and project finance reporting. - Provide monthly, quarterly and annual budget performance reports to senior management. - Ensure compliance with regulatory requirements and internal financial policies and procedures.

Lead annual OPEX and CAPEX budget preparation with department heads; challenge assumptions and enforce alignment with corporate strategy. Review and validate financial data from departments to ensure accuracy and completeness. Develop the budget template, timelines, guidelines and procedures. Develop the annual traffic forecast in coordination with the Slots Department for budgeting purposes, with external advisors' assistance if necessary. Develop and update financial models for CAPEX projects in line with lender, shareholder and Grantor requirements. Work with the Strategy and Treasury departments to develop financial models for new business and investment opportunities; validate assumptions with related departments. Coordinate with lenders on project finance reporting, budget vs. actual and compliance certificates under the financing agreements and develop the related lender reports. Monitor cost vs. budget for each OPEX and CAPEX project and each department; flag overruns early and propose mitigation plans. Analyze cost drivers and identify savings and efficiency opportunities. Maintain cost control systems in the ERP, ensuring WBS elements, cost centers and internal orders are set up correctly. Validate all fixed asset capitalization before it is recorded in the ERP. Drive automation of budget reporting and reduce manual consolidation time. Work with Operations and project teams to validate scope changes and their budget impact before management approval. Establish cost control policies, approval matrices and guidelines for project controls. Partner with Procurement on contract commitments, accruals and PO tracking to prevent budget leakage. Prepare the Board and Management Pack, including KPI dashboards, cost trends, commitments vs. actuals and forecast outlook. Ensure all costs are captured in line with IFRS, SOCPA and other regulatory requirements. Support internal and external audits on budget, accruals, CAPEX capitalization and project finance reporting. Provide monthly, quarterly and annual budget performance reports to senior management. Ensure compliance with regulatory requirements and internal financial policies and procedures.