Senior Cost Controller

1 week ago

Singapore MODEC, Inc. Full time

We are currently based at Metropolis, Bouna Vista, Singapore._ This is a 12 months contract role, with possibility of extension._

**Responsibilities**:

- Collate and compile independently the necessary information to support timely cost data consolidation, analysis 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 approved cost baseline.
- Generate and distribute internal cost report for part or the entire scope of work on a regular basis 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 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.
- Perform cost risk analysis to define accurate contingency reserve by using company tools and best industry practices.
- Provide guidance and support to less experienced cost control staff as required.

**Requirements/Qualification**:

- Degree in Engineering, Science, Business Management, or Operations Management.
- AACE certification (CCT or CCP) preferred.
- 8 years of cost engineering experience in Oil & Gas industry or 12 years of cost engineering experience in other industries with understanding of technical knowledge of Oil & Gas process and FPSO projects.
- Previous working experience in a senior role is preferred.
- Experience with SAP (preferred) or different ERP system.

**_ Modec is committed in creating a diverse and inclusive workplace._** **_We take affirmative action to ensure equal opportunity for all applicants regardless of race, religion, national origin, gender, gender identity, sexual orientation, disability, age, or other legally protected characteristics._

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