COST CONTROLLER ( Mechanical Projects for Oil & Gas - SD/TA)
Eastern Province
Job description
Responsible for monitoring and updating project cost estimates to ensure budget compliance. Prepare and analyze scope, quantity and cost data comparisons between project forecasts and budgets. Organize and control project costs according to contractual requirements and company procedures. Coordinate with HR, payroll, accounting and finance departments to ensure accurate cost tracking. Report all commitments and update final spend forecasts. Alert management in advance of budget overruns and provide corrective recommendations. Use statistical tools to analyze cost indicators and perform risk analysis. Attend project meetings with external clients as needed. Analyze cost reports and extract data for management reports. Prepare and deliver cost engineering information monthly and on request. Identify critical areas and inform management of any delays. Coordinate with the project management team to resolve issues and ensure work completion. Provide cost engineering expertise and lead group activities in preparing cost portions for shutdown, turnaround and EPC contracts.
Requirements
- Mechanical Engineer or financial/accounting background from an accredited university
- Master's degree in Engineering or MBA as an added advantage
- experience in oil and gas maintenance or shutdown/turnaround
- experience in cost and budgeting in the oil and gas sector
- proficiency in ERP system Microsoft Dynamics AX 365
- knowledge of statistical tools
- ability to analyze cost reports and prepare management reports
- coordination skills with HR, payroll, accounting and finance departments
- ability to provide corrective recommendations and manage cost risks
Skills
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