Cost Controller
Description
Monitoring and updating cost estimates for projects to ensure that costs are within expected ranges.
Preparing and analyzing comparisons of scope, quantities, and cost data between the project forecasts and the budgets.
Organize, monitor, and control project costs and define project needs for cost control in accordance with contractual requirements, objectives, and company procedures.
Coordinating with other departments such as human resources, payroll, accounting, and finance to ensure that all costs are accurately tracked.
Ensure that all project commitments are accurately reported and maintain updated final project forecasts and expenditure forecasts.
Proactively advise management when forecasted costs exceed the approved budget and recommend corrective actions.
Able to use statistical tools to analyze cost metrics and perform risk analysis.
Attending project meetings and discussions with external clients if needed.
Analyze cost reports and extract required data for management reporting.
Prepare and report cost engineering information on a monthly basis and when required for management.
Identify critical areas and inform management regarding delays in the project.
Coordinate and work with the project management team to resolve project issues to ensure the delivery and completion of the project work.
Provide all cost engineering expertise and coordinate activities as group or unit leader as required in preparation of cost portion of the oil and gas industry for shutdown, turnaround, projects, LFC/MFC/EPC contracts.
Review and analyze all claims and change orders on project contracts.
Participate in the negotiation of project contracts as required.
Requirements
Mechanical engineer or finance or accounts background from recognized university.
Master’s degree in engineering or MBA is a plus.
Related to oil and gas maintenance, shutdown, and turnaround.
Professional Experience
6-8 years of experience in costing and budgeting especially from oil and gas sector for shutdown and turnaround.
ERP - Microsoft Dynamics AX 365.