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Open nowPosted yesterday

Capital Projects Controller

ArcelorMittal - Recommended9 open roles

Where
PORTLAND, TX, United States
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Your applicationOpen nowCapital Projects ControllerArcelorMittal - Recommended · PORTLAND, TX, United States

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The clock on this job

Early applications get read.

10.5% of postings close within 7 days. Measured by our own scanner across the market. ArcelorMittal - Recommended postings stay open a median of 7 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.3%3 days
  3. 10.5%7 days
  4. 15.9%14 days
  5. 34.1%30 days
This job: posted yesterday

ArcelorMittal - Recommended median: 7 days open

The posting

Job Description

The Capital Projects Controller is responsible for the financial management, reporting, and control of the Company's capital expenditure (CAPEX) portfolio. This role partners closely with Project Managers, Engineers, Procurement, Finance, and operational stakeholders to develop project budgets, monitor expenditures, analyze plan versus actual performance, forecast project costs, and ensure accurate accounting and reporting throughout the project lifecycle. The Capital Projects Controller provides financial insights and recommendations to support decision-making, maintain budget compliance, and achieve project objectives safely, efficiently, and in accordance with company policies and procedures.

Tasks & Responsibilities:

  • Support a strong safety culture by leading through example and ensuring compliance with all Company safety policies, procedures, standards, and Life Saving Golden Rules.
  • Incorporate safety considerations into project planning, budgeting, forecasting, and execution activities to support safe project delivery and operational excellence.
  • Serve as the primary financial point of contact for capital projects and CAPEX-related activities.
  • Develop, maintain, and monitor capital project budgets, forecasts, cash flow projections, cost estimates, and financial plans throughout the project lifecycle.
  • Perform all accounting activities associated with capital projects, including project setup, cost tracking, accruals, capitalization, asset transfers, and project closeout.
  • Prepare and distribute monthly, quarterly, and annual CAPEX reports, dashboards, and performance metrics for management and stakeholders.
  • Analyze plan versus actual expenditures, commitments, forecasts, and project performance, identifying variances and recommending corrective actions as needed.
  • Coordinate closely with Project Managers, Engineering, Procurement, Operations, and Finance to ensure project costs, schedules, forecasts, and financial assumptions remain accurate and current.
  • Monitor project expenditures and commitments to ensure approved budgets are maintained and financial controls are effectively implemented.
  • Identify financial risks, cost overruns, budget impacts, and opportunities for cost optimization and improved project performance.
  • Support the development of annual capital budgets, long-range forecasts, and strategic capital planning initiatives.
  • Maintain CAPEX project data within SAP and other financial systems, ensuring accuracy, completeness, and compliance with internal controls and accounting requirements.
  • Prepare financial analyses, business cases, trend reports, and key performance indicators to support management decision-making.
  • Participate in project review meetings and provide financial updates regarding budget status, forecasting, commitments, and project performance.
  • Ensure compliance with applicable accounting standards, company policies, authorization requirements, and internal control procedures.
  • Support internal and external audits by providing accurate financial information, documentation, and analysis related to capital projects.
  • Maintain complete and organized project financial records and documentation throughout the project lifecycle.
  • Perform other duties and special projects as assigned.

Qualifications:

  • Bachelor’s degree in project management, business, or an engineering field; 5 years relevant work experience in the construction, energy, utility, or engineering field
  • Experience performing budgeting, cost management, planning, estimating, scheduling and other project controls functions over engineering, procurement, and construction for large capital construction projects.
  • Expertise in financial analysis, schedule analysis, modeling and budgeting methodologies
  • Demonstrated success working in a fast-paced, project-centric environment
  • Understanding of project management and business processes and systems
  • Established ability to collaborate with a variety of people in various roles with different leadership styles
  • Strong organizational, critical thinking, and analytical skills
  • Ability to facilitate meetings including preparation of agendas, presentations, meeting minutes, action items, and other meeting documentation
  • Knowledge of industrial plant production processes
  • Proficient in MS Office Suite (Word, Excel, & PowerPoint)
  • Experience in SAP preferred
  • Able to understand and Interpret Schedule- Microsoft Project / Primavera etc.
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