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Cost Controller- Junior
1 month ago
Duties and Responsibilities include, but are not limited to:
1. Support the Lead Cost Controller to:
2. Establish and manage a cost control system to support the PM decision-making process and allow him to complete the project within the approved budget;
3. Ensure any deviation from budget is promptly spotted and analysed, final impact is estimated, and the effect of corrective actions taken and monitored;
4. Create a cost awareness atmosphere among project team;
5. Satisfy the Operating Company and Corporate requirements for the cost control reporting, cooperating with the proper interfaces;
6. Ensure the Cost Control System works effectively, and cost status is soundly assessed and reported;
7. Monitor activity progress and the relevant earned value, as well as the value of work done against the invoices received, determining the monthly accruals (to have accounts in line with works progress);
8. Support the Project during the contract changes/claims process providing the cost impact analysis, and keep updated the cost/revenues forecast relevant to intercompany services;
9. Analyse committed costs and activities to-date, review the estimate to complete, isolating any deviation from baselines or adverse trend and warn the PM on time to take corrective actions to prevent overruns;
10. Assist the Project Control Manager in the Project Status Report preparation and Project reporting;
11. Support the Project Control Manager in the preparation of the Project close-out Report and the cost feed-back data to Project Control and Commercial Departments.
The successful candidate will be able to display:
1. Preferably experience in Oil and Gas Offshore.
2. Understanding of cost terminology, budget allocation, cost estimating, WBS/CBS, change management, and risk management.
3. Highly effective communication skills and ability to develop and present management reports at all levels.
4. Analytical/technical skills with a practical approach to problem solving.
5. Demonstrated proficiency with databases, preferably SAP.
6. Knowledge of MS Office with proficiency in Excel.
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