Project Cost Controller

PUB320670

About this role

About this role

• 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 liaise with VP, Project managers and B&D entity to review Cost Estimate based on benchmark data;
• To support in preparing project CAPEX for Final Investment Decision; Budget
• 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 system, with regard to commitments, payment schedules, invoicing, time sheets and cost control issues, as required;• Review training Matrix for MP with Project Control and training department and ensure training are performed when needed;
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 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 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 each project;
• To monitor invoices, in liaison with accounting department to enable timely payment of invoices; 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 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 guidelines, for the MP costs center;
• To carry out any other duties or tasks that may be assigned by hierarchical superiors.

Requirements

Requirements

• Degree in Economics or equivalent;• Minimum 0-5 years’ experience in similar activities for oil &gas projects;
• Advanced knowledge & experience in use of relevant computer systems (SAP, Excel, Word, Powerpoint);• Fluency in English.

Start applying immediately

Start applying immediately

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Any questions remaining?

Your consultant, Jervis Jimmy Dey is happy to clarify anything about this vacancy. When reaching out, use the pub number:
PUB320670

Account manager

Jervis Jimmy Dey
Brunel Energy Qatar Doha
j.dey@brunel.net

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