Lead Cost Controller

Title:

Lead Cost Controller

Primary Objectives

• Develop coordinate and manage procedures to ensure the efficient cost control of the Projects including the recording controlling forecasting and reporting of all financial matters.
• To proactively support the Project by managing the cost control personnel and their activities across the organization
• To assist and support the Project Controls Manager and Cost Department Head

Responsibilities

• Develop implement and control the project accounting and job costing system to meet project requirements
• Take ownership of the cost control function and ensure integrity of the data being processed
• Interface with project personnel to develop project forecasts and analyse project costs
• Supervise any supporting roles in the project cost control area
• Liaise with clients to clarify cost related issues and develop timely and meaningful monthly invoices. Ensure payment of invoices according to EPCM contract terms
• Preparation of project invoices in conjunction with the Accounts Department
• Liaise with Client for reporting purposes
• Preparation of monthly financial reports for the project. Also prepare other financial analysis as required on an ad hoc basis
• Implement financial controls including controlling authorizations of expenditure and cash flow projections
• Preparation of budgets in conjunction with engineering and construction team members
• Ensure effective coordination and cooperation between other team members particularly regarding cost planning (forecasting) and procurement matters
• Ensure through quality practices that work is completed accurately and in accordance with company procedures.
• Utilize Continuous Improvement processes to ensure consistent quality and fit-for-purpose outcomes.
• Promote the identification of potential areas of concern or improvement to maximize cost effectiveness on projects and work practices.
• Develop and maintain a professional highly skilled Cost Control team through leadership resources technical and system support training and innovation.
• Provide advice and guidance to other personnel as required.
• Develop and maintain effective working relationships with team members and other personnel.
• Provide guidance and support to Asset Cost Controllers and Project Cost Controllers in fulfilling their cost control responsibilities.
• Maintain a high level of communication / interface with other cost and project control personnel within
• Monitor cost control applications to ensure project data integrity.
• Provide ad-hoc cost control support / advice to Project Engineers and Management.

Qualifications including Required Education Experience & Skills

• Must have a degree / diploma in Science or Financing / Accounting.
• Must have minimum 10 years post qualification experience
• Must have minimum 5 years post qualification experience in oil and gas projects
• Must have minimum 5 years experience in a Lead Cost Controller role

• Proven computer literacy skills with experience in cost and project control computer applications
• Proven ability to communicate effectively with others; (verbally in written communications and in presentations / meetings).
• Ability to effectively and efficiently plan / prioritise all areas of responsibility such as: Budgets; Time management; Resources training and succession planning.
• Demonstrate an awareness and understanding of industry standard practices in cost control activities.
• Experience in audit activities.

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