Cost Controller

2 days ago


Singapore KINGSFORCE MANAGEMENT SERVICES PTE LTD Full time
Roles & Responsibilities

About our client: Our client is a leading global provider of project management services for large-scale FPSO projects.


*Please note that this role will be hired on a fixed-term contract of 2 years, to support our clients' project.



About the role:

To perform single or multiple specific tasks in developing and maintaining a cost control plan for a designated section of assigned project(s) or less complex assignments, and prepare relevant reporting and analysis to effectively and efficiently communicate project cost status at regular intervals.

• Under the supervision of Lead Cost Controller or a direct report of this position, collate and compile the necessary information to support timely cost data consolidation and reporting.

• Understand the requirements of the approved cost control procedures and ensure proper implementation in the course of work.

• Develop and maintain detailed cost control plans using Company tools and best industry practices.

• Set-up Cost Breakdown Structure and allocate budget, resources, and any other data required into the system.

• Derive and consolidate the commitments and actual costs for one or more portions of the scope of work.

• Review, analyze and update accurate forecasts for one or more portions of the scope work by using best industry practices.

• Track budget variances and challenge budget owners on any deviation from the approved cost baseline.

• Generate and distribute internal cost reports for part or the entire scope of work regularly and as per Company standards.

• Reconcile project cost reporting with accounting and financial records.

• Review subcontractors’ invoices for accuracy and completeness and ensure that costs are allocated with the correct coding.

• Review Change Order requests and/or potential variations that impact project budget and forecasts, and maintain an appropriate register.

• Establish appropriate coordination with other project functions to ensure compatibility with the Cost Control requirements and timely flow of the information.

• Contribute and participate to the Project Risk Management process by providing cost input and identifying potential budget and forecast impacts for risks’ occurrences.


About you:

• Degree in Engineering, Science, Business Management, or Operations Management

• 10 years of cost engineering experience in Oil & Gas industry (or) 5 years of cost engineering experience in other sectors with an understanding of technical knowledge of Oil & Gas processes and FPSO projects and familiarity with project management processes

• SAP (preferred) or other ERP system

• Microsoft Office Excel


*Please note that only shortlisted candidates will be contacted.


EA Name: Paola Jane Ofrasion Fajardo

EA License: 94C3545

EAP Name: Paola Jane Ofrasio Fajardo

EAP Reg No: R1325507


Tell employers what skills you have

Microsoft Office
Microsoft Excel
Consolidation
ERP
Operations Management
Project Control
Project Risk Management
FPSO
SAP
Accounting
Project Management
Cost Engineering
Cost Reporting
Cost Control
Project Cost
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