Senior Cost Controller

Who We Are

Queensland Hydro is a publicly owned entity established to deliver long-duration pumped hydro energy storage assets that support Queensland's transition to a reliable, affordable and sustainable energy system. In June 2025, oversight of Queensland Hydro was transferred to Queensland Investment Corporation (QIC). Queensland Hydro works closely with QIC, the Queensland Government and other stakeholders to deliver a commercial assessment of the Borumba Pumped Hydro Energy Storage project.

At Queensland Hydro, you will find a purpose-driven organisation committed to transforming Queensland's energy landscape. Our mission is clear: we harness the power of water to secure the state's energy future. Guided by our core values - We care, We Collaborate, and We Deliver. As the Senior Cost Controller, you will play a vital role in shaping a sustainable energy future for Queensland, delivering impactful solutions that benefit our communities and the environment.

What You'll Do

We are seeking a Senior Cost Controller to drive project performance by effectively managing project costs, budgets, and forecasts. Reporting to the Project Controls Lead and working closely with key stakeholders, you will provide analytical insight, support, and guidance on all cost management matters. You will ensure accurate, timely, and insightful cost reporting across multiple control accounts, maintaining financial discipline, supporting forecasting, and delivering the analysis that enables confident, data-driven decisions.

Your key responsibilities will be:

• Monitor and report monthly project cost performance, conduct variance analysis, and provide advice on cost risks and mitigation strategies.
• Prepare detailed, risk-assessed cost forecasts and cashflow profiles across the full project lifecycle.
• Manage commitments and ensure accurate allocation and reconciliation of costs in line with delegated authority and governance frameworks.
• Collaborate with Project Managers, Finance, and PMO to control budget utilisation, analyse trends, and identify opportunities for cost optimisation.
• Maintain data integrity and audit-readiness of the cost management system (e.g. Contruent / PRISM).
• Provide early warnings on potential cost or schedule impacts, emerging trends, and financial risks.
• Ensure all cost control activities comply with PMO frameworks, financial governance, and best-practice standards.

Who You Are

To thrive in this role, you will bring a formal qualification in Finance or Accounting, Construction or Commerce, Engineering or relevant professional qualification within and project cost control. Your proven experience in the establishment of project baseline cost plans including risk and contingency allocations on major infrastructure projects will ensure your alignment with business goals. In addition, to set you up for success, you will exhibit:

• Experience in monitoring, controlling, and reporting on budgets within major project (PMO) environment.
• Ability to prepare and report on key project milestones.
• Ability to oversee contractor reports and highlight non-compliance.
• Excellent communication skills with the ability to drive inputs from project and corporate stakeholders.
• Contruent (PRISM G2) (preferred) or any equivalent cost management system.
• AACE member (preferred).

Why Queensland Hydro?

Our benefits package includes a 12.75% superannuation contribution, health and wellbeing initiatives such as Fitness Passport and discounted health insurance, 14 weeks of paid parental leave, and salary packaging options.

When Applying

To play a key role in one of Australia's most significant energy investments, please apply by clicking the 'Apply' link. If this opportunity isn't suitable for you, we encourage you to share it with your network or visit www.qldhydro.com.au.

Applications Close - 10 June 2026

For additional information please email enquiries to ***email_hidden***.

Our recruitment and selection process may require shortlisted candidates to undertake background checks. These may include a police check, a pre-employment medical assessment; and/or drug & alcohol testing.

Queensland Hydro is committed to providing a work environment that embraces and supports equity and cultural inclusion, safety and security and is free from discrimination, sexual harassment and bullying.

Our goal is to deliver the best outcomes for local communities and all Queenslanders, now and for generations to come.

You can learn more about Qld Hydro by following us on LinkedIn or via www.qldhydro.com.au.

Desired Skills and Experience

Cost Control, Stakeholder Management, Project Cost performance reporting, cost forecasting