Cost Controller

[escveritas]

Overall Job Purpose

To perform single or multiple specific tasks in developing and maintaining a cost control plan for a designated section of assigned project(s) or less complex assignments, and prepare relevant reporting and analysis to effectively and efficiently communicate project cost status at regular intervals.

Core Responsibilities

• Under the supervision of Lead Cost Controller or a direct report of this position, collate and compile the necessary information to support timely cost data consolidation and reporting.

• Understand the requirements of the approved cost control procedures and ensure proper implementation in the course of work.

• Develop and maintain detailed cost control plans using Company tools and best industry practices.

• Set-up Cost Breakdown Structure and allocate budget, resources, and any other data required into the system.

• Derive and consolidate the commitments and actual costs for one or more portions of the scope of work.

• Review, analyze and update accurate forecasts for one or more portions of the scope work by using best industry practices.

• Track budget variances and challenge budget owners on any deviation from approved cost baseline.

• Generate and distribute internal cost report for part or the entire scope of work on a regular basis and as per Company standards.

• Reconcile project cost reporting with accounting and financial records.

• Review subcontractors’ invoices for accuracy and completeness and ensure that costs are allocated with the correct coding.

• Review Change Order requests and/or potential variations that impact project budget and forecasts, and maintain appropriate register.

• Establish appropriate coordination with other project functions to ensure compatibility with the Cost Control requirements and timely flow of the information.

• Contribute and participate to the Project Risk Management process by providing cost input and identifying potential budget and forecast impacts for risks’ occurrences.

Educational Qualification:

• Degree in Engineering, Science, Business Management, or Operations Management

• 2 years of cost engineering experience in Oil & Gas industry (or) 5 years of cost engineering experience in other industries with understanding of technical knowledge of Oil & Gas process and FPSO projects familiarity with project management processes

• SAP (preferred) or other ERP system

• Microsoft Office Excel

Send your resume with expected salary to [email protected]