Cost Controller (Major Projects)

At Hydro we work to foster positive work-life balance and offer remote or hybrid working arrangements for some positions based on the nature of work being performed and an assessment of other relevant factors.

Opportunities, Growth, Job Satisfaction...Join the Hydro Team.

Cost Controller (Major Projects)
Competition #: NLH-RE-26-064
Status: Permanent
Location: St. John's

Our employees are at the heart of what we do. We're looking for passionate and performance focused people - people who want to make a difference for our customers and who share our values.

Key Responsibilities:

• ­Ensure timely, accurate, and consistent cost reporting aligned with corporate financial structures;
• Own full project cost forecasting, including annual budget alignment and integration with budget cycles;
• Track, validate, and communicate cost changes and impacts to project and organizational leadership;
• Partner with Project Managers and functional managers to monitor and analyze project cost performance, ensuring alignment with capital plans, budgets, and forecasts;
• Develop and maintain project forecasts, cash flow projections, and trend analyses; identify risks and opportunities, perform variance analysis, and recommend corrective actions;
• Consolidate project forecasts into divisional outlooks, supporting quarterly reforecasts and annual capital planning;
• Provide decision support, including scenario modeling, "what-if" assessments, and cost optimization strategies;
• Lead cost-related activities for project initiation and closeout, including budgeting, forecasting, reconciliations, and final reporting;
• Analyze cost and operational data to support corporate performance measurement and identify efficiency opportunities;
• Provide training and guidance to project and departmental managers on cost systems, reporting tools, and cost management processes;
• Collaborate with Corporate Finance and other departments on monthly, quarterly and year-end close activities including budget, forecast, and actual reporting;
• Develop, document, implement, and maintain cost management tools, reporting frameworks, and processes; deliver insights and reporting to stakeholders, including senior leadership (e.g., S-curves, capital metrics, variance analysis).

What You'll Need:

• ­Bachelor's degree in Business Administration with a professional accounting designation, Engineering Technology, or Engineering (or equivalent combination of education/training/experience);
• At least 7-8 years of progressive experience in cost management, preferably within a project-based environment or cost-related roles;
• Strong understanding of accounting processes, financial systems, forecasting, and cost reporting;
• Advanced Excel; Proficiency in Omega365 or other Project Controls Management Systems & JD Edwards preferred; Power BI (or similar) is an asset;
• Knowledge of AACE cost management practices and Earned Value Analysis;
• Experience on large infrastructure projects (electrical energy sector preferred) with the ability to interpret contracts and technical documentation.

CLOSING DATE: May 27, 2026

We're looking for energy we can count on!

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Newfoundland and Labrador Hydro is the people's utility that you can count on - providing safe, cost-conscious, reliable electricity while harnessing sustainable energy opportunities to benefit the people of Newfoundland and Labrador. We value our employees, we take care of each other, we recognize excellence, we respect individuality and we work hard to create an inclusive and welcoming workplace. People who work at Hydro feel like they're part of a community and we give back to the communities where we live and work to make them stronger. There's lots to learn at www.nlhydro.com

Apply Now.

Our company values diversity and inclusion in the workplace and encourages applications from diverse candidates, including women, Indigenous peoples, persons with disabilities and members of visible minorities.

Submit your application online. Please quote the competition number with your application. We thank all applicants for their interest; however, only those considered for an interview will be contacted.