Cost Controller - Short Term (5 months)
Based in Batam
DESCRIPTION OF FUNCTION
Based in Batam
DESCRIPTION OF FUNCTION
The Cost Controller will work closely with the Senior Cost Controller and Project Team to provide all Project cost control activities on a project. This shall include setting up the project cost control tools, processes and reporting routines to ensure effective analysis & monitoring. The Cost Controller shall report to the Cost Control Manager and Project Manager and will provide all information necessary for them to determine the financial success of the Project.
KEY RESPONSIBILITIES
- Manage all Cost Control Functions on Project in accordance with Group Procedures & Guidelines.
- Establishment of Project Cost Control Execution & Reporting Plan, including development of any Project specific procedures where necessary, during the Project startup phase.
- Set up of Project Chart of Accounts and involvement in establishment of Project Work Breakdown Structure (WBS), Cost Breakdown Structure (CBS) and CTR Catalogue.
- Ensure analysis and understanding of the project contract and scope.
- Input of Project Budget into Cost Management System (CMS) based on Tender “As Sold” Financial Costing data.
- Development of Forecasting methodology and establishment of monthly routines and interfaces with other project team members and external information providers.
- Monitor & control actual cost expenditures including reconciliation to the accounting system.
- Commitment & Open P/O monitoring and inclusion in forecasts as appropriate.
- Involvement in Change Management Process and Variation Order Costing, Pricing and Submission.
- Participate in Risk Management Process and manage the Project Contingency and Sensitivity Analysis Reporting.
- Preparation of the Project Cost Report (EAC) as well as ensuring that all information provided on monthly basis for Regional/Corporate Management Reporting purposes.
- Preparation & Submission of Monthly multiple currency Cashflow Forecasts for project
- Preparation & Submission of the Monthly Project Status Report (PMSR)
External
- Client
- External Auditors
Internal
- Cost Control Manager
- Project Controls/Service Manager
- Senior Cost Controller
- Project Manager
- Project Controls Functions: Planner, Risk Engineer, Contract Admin
- Project Work Package Managers
- Project Engineers
- Finance & Accounting Group
- Management Reporting Group
- Group Treasury
- Supply Chain Management
- Project Operations Manager / Engineering Manager
CAPABILITY PROFILE – KNOWLEDGE, SKILLS, EXPERIENCE AND BEHAVIOURS
- Degree or Diploma in Finance & Accounting or Business-Related Disciplines desirable but not essential
- Previous experience as Cost Controller in Oil & Gas or Related Industry.
- Excellent IT Skills, Good Numeracy and Analytical Skills
- Good spoken & written English is essential.
- SAP Experience desirable
