Lead Cost Controller
Energy Jobline
Date: 6 hours ago
City: Remote
Contract type: Full time
Remote
Role Purpose
To lead a team of project cost controllers, supervise various cost control functions and ensure accurate and timely reporting of project cost status to Project Controls Manager/Project Manager for appropriate decision making in favor of the Project. The main job challenge is the effective management of a diverse team to deliver with quality the designated requirements within the broader project team.
Key Accountabilities
Delivery Management
Directs and manages a team of cost controllers to ensure that cost control for the assigned projects is done effectively and timely.
Project Cost Control Initiation
Sets up cost control systems & procedures for the project.
Cost Risk Management
Identifies and devises ways to mitigate risks affecting forecast cost at completion. Reviews Budget vs Forecast during different stages of project and takes appropriate decisions to mitigate overrun.
Cost Reporting
Reviews project cost reports ensuring presentation of reliable and accurate information to the management. Provides updated information on project progress and execution budget to finance during auditing.
Invoice Management
Reviews purchase orders/subcontract agreements for budget & schedule alignment. Reviews & approves vendor/sub-contractor invoices, and participates in change orders and out of contract claims negotiations.
Cost Variation Management
Oversees management of cost changes and variation control.
Advise project proposal
Provide feedback to bidding team based on actual execution of the project in order to incorporate the changes in future project proposals.
Development of Cost Controllers
Trains senior cost controllers in relation to various cost control activities developing the capability of the team.
Qualifications
Technical
To lead a team of project cost controllers, supervise various cost control functions and ensure accurate and timely reporting of project cost status to Project Controls Manager/Project Manager for appropriate decision making in favor of the Project. The main job challenge is the effective management of a diverse team to deliver with quality the designated requirements within the broader project team.
Key Accountabilities
Delivery Management
Directs and manages a team of cost controllers to ensure that cost control for the assigned projects is done effectively and timely.
Project Cost Control Initiation
Sets up cost control systems & procedures for the project.
Cost Risk Management
Identifies and devises ways to mitigate risks affecting forecast cost at completion. Reviews Budget vs Forecast during different stages of project and takes appropriate decisions to mitigate overrun.
Cost Reporting
Reviews project cost reports ensuring presentation of reliable and accurate information to the management. Provides updated information on project progress and execution budget to finance during auditing.
Invoice Management
Reviews purchase orders/subcontract agreements for budget & schedule alignment. Reviews & approves vendor/sub-contractor invoices, and participates in change orders and out of contract claims negotiations.
Cost Variation Management
Oversees management of cost changes and variation control.
Advise project proposal
Provide feedback to bidding team based on actual execution of the project in order to incorporate the changes in future project proposals.
Development of Cost Controllers
Trains senior cost controllers in relation to various cost control activities developing the capability of the team.
Qualifications
- 5 to 10 years progressive experience in project cost control/management.
- Degree in Engineering, Accounting or Business Management or its equivalent.
Technical
- Familiarity with FPSO projects including some technical knowledge.
- Understanding basic level of project management process.
- PC Skills with proficiency in MS Office.
- Due to different project locations, Job holder needs to keep up with different languages to ensure clear understanding and time differences.
- Happy to accept salary of 18,315 MYR per Month
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