Lead Cost Controller (Full time)

   Lagos ,

   9 months ago

Job Summary

The role ensures the provision of all cost control on the project including budget set up, updates and monitoring, change management, variation estimating, cost reporting, risk contingency and management as well as all forecasting activities.

The role reports functionally to Cost Control Manager and directly to Project Control Manager on a specific project.

Job duties and responsibilities
    • Contribute to creating a positive HSEQ culture across the company
    • Ensure proactive methods in sharing knowledge and experience, raising areas of difficulty and concern and assisting in improving routines
    • Support project cost controllers' development by reviewing & explaining specific cost control processes and requirements of the budgets they follow
    • Develop a common understanding of the Tender budget through a review and analysis process with the relevant estimator and project team members
    • Ensure the transfer of the Tender budget to the cost management system to form the basis for future monitoring and control
    • Prepare and establish the Cost Breakdown Structure, and Budget Elements which describe the full structure to be used in the Cost Control System and that align with the Work Breakdown Structure, taking into consideration the interface with the Project Planning Function, where applicable
    • Oversee the timely coding, collection, analysis and reporting of all project expenditures, together with the budget holder(s)
    • Calculate and plan Estimate To Complete (ETC)
    • Prepare the Project Monthly Status Report in association with the Package
Job requirements and qualifications
    • Minimum 5 years of related experience in Cost controlling with Drilling department
    • Demonstrable experience in delivering Cost Control and various types and size of projects.
    • Relevant previous experience at an appropriate level in the subsea or offshore environment
    • Experience in establishing and leading Cost Control on projects
    • Understanding of the Offshore Oil and Gas industry
    • Good understanding of drilling & completion operations
    • Desirable to have hands-on experience of drilling & completion operations
    • Solid understanding of the demand / supply chain process, accounting principles in oil & gas upstream industry
    • Ability to work well with others in a culturally diverse, multi-functional team environment
    • Able to interact effectively with peers; service and contractor representatives.
    • Good communication and interpersonal skills
    • Good accounting knowledge (Cost Allocations / Accruals etc.)
    • Fluent in written and spoken English language.
    • Strong analytical and communication skills together with excellent computer literacy
    • Flexibility of work pattern, including potential breaks
  • Negotiable
Minimum Experience
  • 5 years
Maximum Experience
  • 10 years
Application Deadline: 29th April, 2024

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