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Explore all careersA Cost Controller manages budgets, monitors costs, tracks spending, suggests savings, and reports expenses while communicating with stakeholders.
Get qualified to work as a Cost Controller with a course recognised across Australia. Speak to a training provider to learn more.
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In Australia, a full time Cost Controller generally earns $2,313 per week ($120,276 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
This profession is likely to see strong growth in employment numbers in coming years. There are currently 119,200 people working in this sector in Australia and many of them specialise as a Cost Controller. Cost Controllers may find work across all regions of Australia.
Source: Australian Government Labour Market Insights
If you’re planning a career as a Cost Controller, consider enrolling in a Bachelor of Finance. This course will develop your understanding of areas such as financial accounting, corporate finance and business statistics. A Bachelor of Business (Accounting and Finance), Bachelor of Business (Finance), Bachelor of Accounting and Finance or a Bachelor of Accounting may also be suitable.
A Cost Controller manages the budget associated with a particular project or program. You might be involved in setting a budget and will monitor costs during the life of the project. Cost Controllers track spending and make recommendations for saving money. You might prepare reports on project costs and make predictions for future expenses.
Cost Controllers should have good money management skills and keen attention to detail. It’s important you can communicate clearly with a range of stakeholders and work as part of a team. Cost Controllers must be organised and able to manage their time well. You’ll need good problem solving skills and should be able to adapt your skills to suit changing circumstances.