About the Role
The Project Cost Controller is responsible for establishing project budgets, forecasts, controls, and reporting. The role will work closely with the relevant project team and, with minimal supervision, will independently apply cost control procedures, best practices, and cost analysis on the assigned project.
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Tasks and Responsibilities
- Setup Cost Breakdown Structure (CBS) in line with the approved / as-awarded project scope and Work Breakdown Structure (WBS).
- Ensure accurate allocation of project budget and provide control budgets for equipment and material purchase orders, subcontracts, fabrication, fabrication management team, and support disciplines.
- Assist in setting up project-specific cost control systems based on company internal requirements and project management team (PMT) requirements, including cost databases and reporting templates/mechanisms.
- Evaluate and analyze cost reports, detect issues, and effectively communicate the project’s cost performance, risks and opportunities, issues, and concerns to the project management team on a regular and agreed periodic basis.
- Regularly prepare, review, and evaluate the project’s Estimate at Completion (EAC) cost forecast based on remaining scope work, registered expenditures, and project commitments.
- Set up and maintain the project’s change management system in alignment with the approved procedure.
- Prepare, route for signature, and eventually submit monthly progress invoices to the client.
- Provide necessary project data to support project accounting and revenue recognition.
- Support the Lead Cost Engineer as required.
Qualifications, Experience, and Skills
Qualifications:
- Bachelor’s degree in finance, engineering or related discipline.
Experience & Skills:
- 3-6 years of relevant work experience, preferably in the Oil & Gas industry.
- Experience in offshore projects and fabrication.
Location and Additional Context
- This position is based in Doha, Qatar.
- Preference will be given to Qatari candidates.
