Job Title: Senior Cost Controller
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.
Responsibilities:
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Collate and compile independently the necessary information to support timely cost data consolidation, analysis and reporting.
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Understand the requirements of the approved cost control procedures and ensure proper implementation in the course of work.
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Develop and maintain detailed cost control plans using Company tools and best industry practices.
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Set-up Cost Breakdown Structure and allocate budget, resources, and any other data required into the system.
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Derive and consolidate the commitments and actual costs for one or more portions of the scope of work.
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Review, analyze and update accurate forecasts for one or more portions of the scope work by using best industry practices.
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Track budget variances and challenge budget owners on any deviation from approved cost baseline.
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Generate and distribute internal cost report for part or the entire scope of work on a regular basis and as per Company standards.
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Reconcile project cost reporting with accounting and financial records.
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Review subcontractors’ invoices for accuracy and completeness and ensure that costs are allocated with the correct coding.
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Review Change Order requests and/or potential variations that impact project budget and forecasts, and maintain appropriate register.
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Establish appropriate coordination with other project functions to ensure compatibility with the Cost Control requirements and timely flow of the information.
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Contribute and participate to the Project Risk Management process by providing cost input and identifying potential budget and forecast impacts for risks’ occurrences.
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Perform cost risk analysis to define accurate contingency reserve by using company tools and best industry practices.
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Provide guidance and support to less experienced cost control staff as required.
Requirements/Qualification:
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Degree in Engineering, Science, Business Management, or Operations Management.
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AACE certification (CCT or CCP) .
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8 years of cost engineering experience in Oil & Gas industry or 12 years of cost engineering experience in other industries with understanding of technical knowledge of Oil & Gas process and FPSO projects.
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Previous working experience in a senior role is .
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Experience with SAP () or different ERP system.
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