Monroe Consulting Group is currently assisting a leading data center company in Indonesia in their search for a Cost Control & Budgeting Manager. The role will be responsible for company-wide budgeting, forecasting, cost monitoring, variance analysis, and cost governance across operating expenditure, manpower costs, corporate overhead, and capital projects.
Job Responsibilities
- Lead the preparation and consolidation of the company's annual budget and periodic forecasts.
- Develop detailed budgets by department, cost center, project, account, and expenditure category.
- Coordinate with department heads and budget owners to establish realistic OPEX, manpower, corporate overhead, and CAPEX assumptions.
- Review and challenge budget submissions to ensure assumptions are properly supported and aligned with business priorities.
- Monitor actual expenditure against approved budgets and forecasts across departments and projects.
- Perform detailed budget-versus-actual and forecast-versus-actual variance analysis and investigate material variances and their root causes.
- Identify potential cost overruns, financial risks, and unfavorable cost trends, providing management with timely early warnings and recommendations.
- Monitor budgets and expenditures related to data center construction, fit-out, expansion, and other capital projects.
- Track project commitments, purchase orders, contracts, actual spending, forecasts, and projected cost-to-completion.
- Review project cost assumptions and provide independent financial challenge to project teams where necessary.
- Coordinate with Finance, HRGA, Procurement, Operations, Engineering & Construction, PMO, Corporate IT, Sales, Legal, and other budget owners.
- Work with external quantity surveyors, consultants, contractors, and equipment vendors in relation to project cost monitoring and control.
- Ensure expenditures are properly budgeted, authorized, recorded, forecast, and controlled.
- Develop and continuously improve budgeting, cost-control, and management reporting processes.
- Prepare management reports covering budget performance, financial risks, significant variances, cost trends, and recommended corrective actions.
Job Requirements
- Bachelor's degree in Finance, Accounting, Economics, Business, or a related discipline.
- Minimum 8 years of relevant experience in budgeting, cost control, FP&A, project finance, or related finance functions.
- Proven experience managing company-wide annual budgeting and periodic forecasting processes.
- Strong experience in OPEX, CAPEX, manpower expenditure, and corporate overhead budgeting and control.
- Demonstrated experience conducting detailed variance analysis and identifying the underlying drivers of budget deviations.
- Experience in project-based cost control, preferably within data center, construction, infrastructure, property, engineering, or other capital-intensive industries.
- Experience working across multiple departments, projects, business units, or legal entities is preferred.
- Strong ability to independently review and challenge cost assumptions and budget submissions from business stakeholders.
- Experience working closely with senior management and cross-functional budget owners.
- Experience coordinating with project teams, procurement, contractors, consultants, or external quantity surveyors is advantageous.
- Advanced proficiency in Microsoft Excel and familiarity with ERP, budgeting, or financial reporting systems.
- Good command of written and spoken English.
