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Cost Controller
Cost ControllerAecon Concessions • Cambridge, Region of Waterloo, CA
Cost Controller

Cost Controller

Aecon Concessions • Cambridge, Region of Waterloo, CA
8 days ago
Job type
  • Full-time
Job description

Position Title : Cost Controller

Location : Cambridge, ON, CA

Operating Sector : Nuclear

Come Build Your Career at Aecon!

As a Canadian leader in infrastructure development, Aecon is safely and sustainably building what matters for future generations to thrive! We lead some of the most impactful infrastructure projects of our generation, at the forefront of transformational change in transportation and energy, and partnering every day to build, connect, power, and strengthen our communities.

At Aecon, you can count on :

  • Safety Always. Our number one core value. If we can’t do it safely, we don’t do it at all.
  • Integrity. We lead by example, with humility and courage.
  • Accountability. We’re passionate about delivering on our commitments.

We lead the infrastructure industry with purpose, and our people are at the heart of everything we do. So, we invest in our people, just like they invest in us!

At Aecon we :

  • Ensure you and your family receive the services needed to support your mental, emotional, and physical well‑being.
  • Believe in helping you build your career through our Aecon University and Leadership Programs.
  • Are committed to supporting and investing in inclusive work environments, through initiatives like Equity, Diversity & Inclusion training, our Aecon Women in Trades and Aecon Diversity in Trades programs , and our Employee Resource Groups (ERGs) to ensure we are building inclusion into every aspect of our culture at Aecon.
  • Are a leader in sustainable construction . With a strong commitment to operating responsibly by minimizing our impact on the environment and surrounding communities.
  • Our business success relies on strong execution and continuous improvement – driven by the diversity, expertise and teamwork of our people. We’re always searching the globe for innovative, collaborative minds to join our best-in-class Aecon community!

    About Us

    Aecon is Canada’s largest nuclear constructor currently employing 2000+ highly skilled workers. As an industry leader with 50 years of the successful history of building nuclear infrastructure, 413 approved Canadian supplier base, and 300+ qualified nuclear procedures, Aecon is well‑positioned for the development and construction of Small Modular Reactors (SMRs). Aecon's reputation for reliability, safety, and performance has made us a preferred Canadian top‑tier contractor and a partner of choice. Aecon offers an unparalleled depth of expertise and a comprehensive capability that can be called upon to deliver an integrated solution to virtually any construction challenge.

    Aecon Nuclear currently is undertaking efforts to replace key components at the Darlington and Bruce Power plants as a part of each respective Life Extension Program to allow operation for another 40+ years. The scope of work includes the removal and replacement of calandria tubes, pressure tubes, feeders, and steam generators as well as technical development, construction management and trade labour.

    Aecon Nuclear is also currently at the forefront of the next generation of Nuclear Power in Canada by fabricating and constructing the first of a kind SMR facility in Darlington in addition to potential other new build large scale reactors among other exciting nuclear industry efforts across North America and Europe.

    Reporting to the Project Controls Director, the Senior Project Controls Specialist (Senior Cost Controller) will be responsible for providing project controls support to Aecon’s ongoing mega‑projects in the Nuclear sector.

    What You’ll Do Here

  • Assist in project set‑up activities, including establishing the WBS & all control accounts, reconciling bids to awards, setting the cost & schedule baseline
  • Participate in proposal and estimating efforts to ensure continuity between project estimates and baselines
  • Participate in customer and internal management project status reporting meetings
  • Liaise with external groups (Accounting, Finance, Procurement, Construction, etc.) to gain inputs into Project Controls reports
  • Create & maintain project status update reports, forecast reports & project dashboards; ensure timely issuance to internal & external stakeholders (per client requirements)
  • Create & maintain customized reports or dashboards to adapt to evolving risks & project needs
  • Develop and maintain resource plans, ensuring cost & schedule alignment
  • Regularly conduct variance analysis to understand trends & other baseline deviations in support of rigorous change management; provide variance narratives & propose corrective actions or recovery plans
  • Assist in monitoring project health & performance; ensure key performance metrics are well articulated to project leadership
  • Regularly conduct detailed analysis on project performance key metrics (e.g. CPI, SPI, key commodity tracking, etc.); propose corrective actions to maintain performance / productivity; provide timely feedback to project leadership on adverse trends
  • Prepare Earned Value Management KPIs to assess project performance
  • Assist in the creation & maintenance of tools & templates that ensure compliance with the processes outlined Project Controls plan & contract requirements
  • Support the development of project‑specific Project Controls plans, and the development of tools & templates
  • Develop and maintain a change log to track all internal & external changes and monitor progress through the change management process
  • Review the contract to ensure compliance with contract conditions regarding reporting, change management, and all other Project Controls areas
  • Provide mentorship & guidance to junior team members
  • Provide subject‑matter expertise to project team on any customized reporting tools & dashboards
  • Assist in developing, establishing, and maintaining the project's cost management system
  • Establish and maintain the CBS & control accounts in alignment with baseline budgets
  • Manage chart of accounts library to ensure consistency & alignment with established budgets; ensure WBS & CBS alignment.
  • Proactively monitor forecasts to ensure timely closure of closed cost accounts
  • Ensure forecasts are updated timely & accurately; ensure forecasting is informed by performance KPIs & project trends.
  • Regularly conduct detailed labour rate analysis to gauge impact of economic factors & actualize cost multiplier assumptions; update forecasts accordingly
  • Liaise with Finance & Accounting teams to support project level financial forecasting & month end reporting
  • Liaise with Procurement, Finance & Accounting teams to ensure appropriate Subcontractor & Purchase order management, accurate incurred cost reporting via timely accruals & invoicing
  • Prepare and update project cash flow forecasts in alignment with the project schedule
  • Assist in facilitating risk review meetings
  • Collaborate on early identification & assessment of critical project issues and risks, and suggested corrective actions
  • Coordinate with Risk Manager in developing risk register & assist in updating the risk register
  • Assist in preparing inputs for risk modeling
  • Perform schedule risk analysis utilizing Monte Carlo risk modeling tools
  • Incorporate the results of the Quantitative Risk Analysis into the forecast
  • Assist in the development of a project‑specific Risk Management Plan for incorporation into the Project Controls Plan
  • What You Bring To The Team

  • 5–10 years of related experience.
  • Demonstrated Analytical & Adaptive Thinking
  • Quantitative, Engineering or Construction Management Post‑Secondary Degree

  • Detail Oriented Approach, Focused on Quality
  • Agility & Flexibility in a Dynamic Environment
  • Innovative Problem‑Solving Skills
  • EPC Contractor (Self‑Perform) Experience
  • Construction Field Experience
  • Mega‑project or Portfolio Projects Experience
  • Microsoft Excel Expertise
  • Cost Management or Estimating Systems Expertise (e.g., Hard Dollar, EcoSys, PRISM)
  • Due to the nature of the work, mandated nuclear export controls requirements must be met for employment
  • Our background check process includes a full security check and clearance process as well as reference checks. The security clearance process includes a comprehensive list of previous residences, employment, education and other pertinent information. Those with a valid Nuclear security clearance are strongly preferred
  • Aecon fosters diversity, inclusion and belonging within and across our organization. We welcome all to apply including, women, visible minorities, Indigenous peoples, persons with disabilities, and persons of any sexual orientation or gender identity.

    We are committed to adhering to the objectives and requirements outlined in the Accessible Canada Act (ACA), and to meeting the accessibility needs of persons with disabilities in a timely manner. Through the implementation of the requirements of the ACA and its applicable regulations, appropriate accommodations will be provided upon request throughout the interview and hiring process.

    As part of our commitment to fair and transparent hiring practices, Aecon may use artificial intelligence (AI) tools to assist in screening and reviewing candidates. These tools are applied responsibly and in accordance with applicable privacy laws and Aecon’s AI Usage Policy. All final decisions are made by qualified Aecon team members.

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