Director - Cost Control - Industrial
ACI Worldwide
The Director of Cost Control defines, governs, and optimizes the cost control function for the industrial projects under their responsibility. They act as a functional and strategic authority, ensuring consistency of practices, reliability of financial data, and overall project performance across multiple projects or at a corporate level. In addition to supervising leads, specialists, and coordinators, this role includes conducting analyses and monitoring corrective actions related to cost tracking, as well as contributing to the implementation of processes, systems, and tools adapted to the industrial environment. In lean project structures, the Director may directly perform financial oversight, analysis, or coordination tasks, while maintaining governance and strategic decision‑making responsibilities.
Governance
- Define and maintain cost control rules, standards, methods, and budget structures.
- Ensure consistency of practices across multiple projects.
- Validate key financial assumptions and sensitive files.
- Define KPIs, reporting requirements, and financial governance levels.
Financial Leadership
- Act as the escalation authority for major financial issues.
- Arbitrate key decisions (budgets, contingencies, changes).
- Provide a cross-project view of financial performance.
- Validate cash flow strategies and executive reporting.
Risk and Performance
- Oversee identification and management of financial risks.
- Ensure reliability of budgets, commitments, incurred costs, and forecasts.
- Ensure alignment between costs, schedules, and execution strategies.
- Ensure quality and relevance of financial analyses for decision-making.
Team Leadership
- Provide hierarchical and functional leadership to the cost control team.
- Define roles, responsibilities, and levels of involvement.
- Support development of team competencies and function maturity.
- Ensure rigorous application of processes and standards.
Project Contribution
- When required, assume direct financial management of a project.
- Perform or oversee advanced analyses, budget tracking, and cash flow monitoring.
- Act as a subject matter expert for the project leadership team.
Qualifications
- 10 years of relevant experience in cost control, project planning, or budget management, ideally in industrial or construction environments.
- College diploma (DEC) in Industrial Engineering, Administration, Accounting, or a related field.
- Advanced proficiency in office tools, especially Excel (pivot tables, advanced formulas), and ERP systems (experience with CMIC is an asset).
- Strong understanding of project financial and budgeting processes.
- Ability to analyze and interpret numerical data and produce clear, accurate reports.
- Strong communication and teamwork skills, with attention to detail and rigor.
- Ability to travel occasionally to project sites as required.
Benefits
- RRSP with up to 5% employer matching.
- Hybrid work model for corporate roles.
- Employee stock ownership program.
- Career growth through real development opportunities.
- Transit pass reimbursement.
- Minimum 4 weeks of vacation from day one.
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