Senior Cost Controller

Overview

Monitor and control project costs against approved budgets for offshore T&I projects. Prepare cost reports, analyse variances, maintain forecasts and provide early visibility of potential cost overruns to support project decisions.

Scope of work

Key Responsibilities

• Establish and maintain project cost budgets, cost breakdown structures and cost control records.
• Monitor actual expenditure, commitments and accruals against approved budgets.
• Prepare periodic cost reports covering budget performance, variances, forecast expenditure and estimated cost at completion.
• Analyse cost deviations, identify potential overruns and recommend corrective actions to the project team.
• Coordinate with project management, planning, procurement, contracts and finance teams to ensure accurate and timely cost information.
• Review purchase orders, subcontract commitments, invoices and progress claims for correct cost allocation.
• Track variations, change orders and their impact on project budgets and forecasts.
• Support cash flow forecasting, budget revisions and project cost evaluations.
• Monitor relevant T&I cost components, including vessel utilisation, mobilisation, offshore resources, equipment and subcontracted services.
• Maintain auditable cost records and support project reviews, audits and financial close-out.

Key requirements

• Requirements
• - Bachelor’s degree in Finance, Accounting, Engineering, Quantity Surveying or a related discipline.
• - Minimum 8 years of relevant project cost control experience, including experience in a senior or independently responsible capacity.
• - Relevant experience in Oil & Gas, offshore EPCIC or T&I projects.
• - Strong understanding of project budgeting, commitments, accruals, forecasting, variance analysis and cost reporting.
• - Ability to interpret commercial terms and assess the cost impact of project changes.
• - Proficiency in Microsoft Excel and relevant ERP or project cost control systems.
• - Strong analytical skills, attention to detail and ability to work with multidisciplinary project teams.
• - Offshore installation, marine or vessel-related cost control experience is preferred.