Cost Controller III

Calgary, Alberta, Canada

Job Reference 1239229

Location Calgary, Alberta, Canada

Industry Oil & Gas - Onshore Gas

Function Budget / Cost Control

Job Type Contract

Date Added February 29, 2024

Airswift is seeking a Cost Analyst to work for a major Oil & Gas client in Calgary, AB. This is a Contract is for 12 months, with a very high probability to be extended every year, based on performance and workload.

The Cost Analyst (CA) is accountable for providing cost control, analysis, and management for construction and maintenance projects being executed at the Company’s Canada facilities.
The position reports functionally to the Project Controls Team Lead. All duties will be performed in accordance with Company’s HSE policies and SPIRIT values.

The CA will utilize his/her expert knowledge of cost control functions related to the monitoring, tracking, and forecasting of project costs and budgets. The responsibilities include analyzing and verifying the various contractors’ cost reports, concerning to quantities, manhours and baseline budgets, cash flows, manpower plans, histograms, and various quantity and progress curves and advising CMT and PMT of committed, incurred, invoiced, and forecast cost evaluations.

The successful candidate will have working knowledge in all phases of projects from conception to completion. In addition to the Company’s organization, this position will work closely with external entities such as contractors, suppliers, vendors and subcontractors. Within Company’s and the other organizations, this position interacts and coordinates between multiple stakeholders, including but not limited to Finance, Engineering, Quality Management, Construction Management, Plant Operations & Maintenance, Project Management, Project Controls, Contracts Administration, Procurement, Expediting, Transportation, and Logistics.

The successful candidate will be a subject matter expert in using SAP for cost management. Knowledge of PIMS, SAP, P6, SiteView is also preferred, but not mandatory. All applicants must have a proven track record of working on large scale, complex Oil & Gas construction projects covering all phases and disciplines.


• Set up and track projects budgets, commitments, and incurred costs and monitor invoiced amounts in SAP/PIMS.
• Monitor, update, control and forecast projects committed, incurred, and invoiced costs.
• Analyze cost data, physical progress data, schedule information, man-hours and field productivity in order to calculate project forecast accurately.
• Prepare reconciliations, monthly reports, trends, forecast at completion estimates, variance analysis, manpower profiles, cash flows and project completion reports.
• Review and evaluate contractors’ estimate and change requests and participate in project change management and risk management reviews.
• Coordinate with E&P firm and field construction team to obtain cost estimating and cost controls deliverables for their scope of work and ensure accuracy and timeliness of such deliverables.
• Ensure that E&P cost and other reporting deliverables should include monthly progress report by discipline, KPIs, Earned Value calculations- SPI, CPI, S-Curve of planned, forecasted and actual man-hours, schedule updates, change log, commitments log, commitments profile, spend profile, monthly forecast and cost variances and contingency log, CWP release profile – plan, forecast and actual.
• Establish and maintain a cost breakdown structure to monitor budgets, committed-Incurred (VOWD)-Invoiced/ actual costs, forecasts, spend, changes, contingency for the defined project scope based on the approved cost estimate.
• Review contractor progress reports, manpower plans, and installed quantities tracking to ensure alignment with incurred and forecast cost analysis.
• Process journal entries for financial accuracy.
• Work closely with cost estimating, planning/scheduling, risk management and functional leaders to develop integrated project progress and analysis reports.
• Provide cost input to projects benchmarking and provide related metrics such as rates of progress and manpower densities.
• Provide input for projects estimating and risk assessments.
• Maintain document trail to facilitate internal audits of internal control systems.
• Prepare cost management sections of project documents and support the cost analysis of contractor bids, as required.
• Support the project close-out process, upon project completion.
• Other duties as required and directed by Project Services Lead and Project Services Manager.

Mandatory Qualifications

• Degree or Technical Certificate, or equivalent work experience.
• Strong hands-on experience with Owner/Operator project accounting practices and principles.
• Minimum 5 years oil and gas industry experience in a Cost Control/Cost analyst role.
• Proficient in the use of SAP and MS Office suite.
• Legally authorized to work in Canada on a regular full-time basis without restrictions.

Additional Qualifications

• Excellent verbal and written communication skills to present data and analysis.
• Excellent interpersonal and conflict resolution skills.
• Ability to work in a fast-paced team environment and meet tight deadlines.
• Strong technical, interpersonal and team working skills.
• Familiarity with AFE procedures and guidelines.
• Demonstrated analytical skills.
• High level of accuracy and attention to detail.
• Able to handle multiple tasks and efficiently prioritize work to meet deadlines.

Work Conditions

• Calgary office work schedule is Monday to Friday, 8 hours per day; with a hybrid work plan of 3 days working from the office (Mondays, Tuesdays, and Thursdays) and 2 days working from home (Wednesdays and Fridays).
• This role is based in the Calgary office but might require infrequent short trips to Company’s sites in Alberta and British Columbia.
• Contract is for 12 months, with very high probability to be extended every year, based on performance and workload

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