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Cost Controller (10776)

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Engineering > Cost Engineering

Status: Live

Cost Controller (10776). Generate and manage a cost control system to support Project Managers’ decision making.

Job Details

Location: United Kingdom

Working Locations: Office

Posted: 06/12/2019 11:28:00

Expires: 04/02/2020 11:28:00

Key Requirements

• Must be Degree qualified.
• Must have recent experience of cost control within the oil and gas industry.

Job Description

COST CONTROLLER – PERMANENT – SURREY

Our Client, a Major international Oil and Gas, design and construction contractor is seeking a Cost Controller to work in their Surrey offices on a range of offshore oil and gas projects.

EXPERIENCE REQUIRED:
• Must be Degree qualified.
• Must have recent experience of cost control within the oil and gas industry.

JOB SCOPE:
• Generate and manage a cost control system to support Project Managers’ decision making.
• Ensure any deviations from budget are promptly identified / analysed with corrective action taken.
• Establish a cost awareness atmosphere among project teams whilst satisfying both operating client company and corporate cost control reporting requirements.

RESPONSIBILITES:
Initial Project phase:
• After contract award, ensure the implementation of the Cost Control System, elaborating the consolidated Cost Breakdown Structure according to the relevant procedure, reviewing the procurement/accounting system adopted at each operating company involved with the project.
• Issue the Project Cost Control Procedure, Cost Coding Manual and Risk Management Plan, for the Project Control Manager verification.
• Split the Commercial Budgets in order to report revenues/costs by entity, currencies, and prepare cash flow by currency.
• Coordinate risk management activities and the qualitative / quantitative assessment of identified risks and opportunities.

Project execution phase:
• Ensure the cost control system works effectively and cost status is assessed and reported.
• Monitor activity progress and the relevant earned value, as well as value of work done, against invoices received, determining monthly accruals and generating accounts in line with works progress.
• Support projects during the contract changes/claims process, providing cost impact analysis, and updating cost/revenue forecasts.
• Analyse committed costs and activities to-date, review estimates to completion and advise the Project Managers accordingly.
• Maintain the risk management process, organizing periodic meetings and verifying risk owners feedback.
• Issue project and company reports.

SALARY: Negotiable plus large company benefits.

BENEFITS: Very Close to the Station.

We are instructed to only submit to our Client candidates whose qualifications and experience match client’s specification and must be eligible to work within the UK.

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