About our client: Our client is a leading global provider of project management services for large-scale FPSO projects.
*Please note that this role will be hired on a fixed-term contract of 2 years, to support our clients' project.
About the role:
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.
• 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 the approved cost baseline.
• Generate and distribute internal cost reports for part or the entire scope of work regularly 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 an 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.
About you:
• Degree in Engineering, Science, Business Management, or Operations Management
• 10 years of cost engineering experience in Oil & Gas industry (or) 5 years of cost engineering experience in other sectors with an understanding of technical knowledge of Oil & Gas processes and FPSO projects and familiarity with project management processes
• SAP (preferred) or other ERP system
• Microsoft Office Excel
*Please note that only shortlisted candidates will be contacted.
EA Name: Paola Jane Ofrasion Fajardo
EA License: 94C3545
EAP Name: Paola Jane Ofrasio Fajardo
EAP Reg No: R1325507
