Batch2 Project Cost controller

PUB330123

About this role: Batch2 Project Cost controller

About this role: Batch2 Project Cost controller

  • To promote & comply with applicable safety instruction and other Company HSE procedures in all activities;
  • To carry out work in compliance with Company values and policies, relevant laws and regulations, agreed Company priorities and objectives, Company standards and procedures and good industry practices;
  • To treat all information obtained during course of the work with confidentiality.

    Tender

    • To support in preparation of Contract documents and provide challenge to the commercial and reimbursable terms, ensure CBS is aligned with WBS etc.;
    • To support in commercial evaluation of the tender proposals;
    • To liaise with VP, Project managers and B&D entity to review Cost Estimate based on benchmark data;
      • To support in performing quantitative Cost Risk Analysis of the available proposals for the project;
      • To support in preparing project CAPEX for Final Investment Decision.
      • Budget

      • To prepare for review dedicated LOP and LTP data for the project;
      • To prepare for review the detailed annual budget and updates in liaison with various internal entities and in agreement with the company budget standard format provided by finance;
      • To participate in the presentation and to defend the budget performance as required;
        • To control budget availability for each commitment;
        • To ensure budget control, highlighting current trends and to justify variances between Forecast and Budget;
        • To establish register, to update, monitor and control the commitments, expenditure incurred and forecast for all contracts and purchase orders managed by Major Projects;
        • To perform specific Cost Analysis;
        • To provide input to the PALM (SAP) system, with regard to commitments, payment schedules, invoicing, time sheets and cost control issues, as required;
        • Liaise with the company Finance entity to ensure that G&A and other common costs are charged fairly to the Major Project budgets.

          Closure:

        • To prepare the monthly closure and make sure accruals done in PALM system are in accordance with current project(s) progress;
        • To prepare all necessary documents as necessary for compliance regarding accruals.

          Cost reporting:

        • To issue a detailed internal and external monthly cost report (Trends, Areas of Concern, Budget Variance analysis, Commitment/Expenditure figures, Forecast at completion etc.) with comments and advise Project Management on cost over-runs in a timely manner;
          • To ensure correct and auditable records of all matters with Project expenditures, contracts, budgets, cash flows, forecasts, etc.;
          • To act as the interface with the company Finance entity and provide them with data for incorporation in corporate financial documents;
            • To supervise the contractors and suppliers cost control activities.
            • Invoicing:

            • To implement an efficient invoicing process between the different locations of the project;
              • To monitor invoices, in liaison with company accounting department to enable timely payment of invoices.
              • Organization:

                • To develop, communicate and implement procedures to ensure the efficient organization and operation of the Project budget and cost control activities;
                • To advise, during project setup post award, contractors on key commercial requirements (invoicing format and submission, cost reporting etc.);
                • To anticipate additional requirement for cost control support during execution of the project(s).

                  General:

                • To promote cost consciousness within the entity;
                • To ensure confidentially is being kept as per sensitive data;
                • To liaise with internal and external auditors for cost justification;
                  • To prepare the required cost recovery related documentation ;
                  • To liaise actively with company Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes...);
                    • To prepare commercial close out of each contract and archive all financial documentation as per company guidelines;
                    • To carry out any other duties or tasks that may be assigned by hierarchical superiors.

                    Requirements

                    Requirements

                    • Degree in Economics or equivalent;
                    • Minimum 10 years’ experience in similar activities for Oil & Gas projects;
                    • Advanced knowledge & experience in use of relevant computer systems (SAP, Excel, Word, PowerPoint);
                    • EPC Contracts mechanisms;
                    • Fluency in English.

                    Start applying immediately

                    Start applying immediately

                    Sending an application is quick and easy. Just make sure you have the required documents ready to go.

                    • Certifications (optional)
                    • Job references (optional)
                    • Motivation Letter (optional)
                    • Resume
                    Apply now

                    Any questions remaining?

                    Your consultant, Catherine Kay Turnbull is happy to clarify anything about this vacancy. When reaching out, use the pub number:
                    PUB330123

                    Account manager

                    Catherine Kay Turnbull
                    Brunel Energy UAE Dubai
                    t.catherine@brunel.net

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