Cost Controller

9 مارس، 2023

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Cost Controller

الوصف الوظيفي

JOB PURPOSE: Support the Finance & Projects teams in full cycle accounting in the areas of

Budgeting and planning, cost estimation and Cost control.

Preparation of project budgets and AFEs – Submission of project budgets and AFEs on time after being reviewed and endorsed by the Projects manager
Prepare project cost estimates for oil & gas industry – This includes cost estimates for design, procurement and construction activities related to civil, piping, pipeline
Monitoring project actual costs against budget – Actual commitments and cost need to be tracked against the approved budget and areas of concern need to be
Prepare monthly cost reports for all ongoing project – Prepare required cost reports and submit to the SPA and Projects Manager
Prepare annual budget sheet including monthly – Obtain the inputs from each SPA and prepare the Projects budget along with budget commentary
Obtain the inputs from each SPA and prepare the Projects budget along with budget commentary – Review the invoices/variation orders submitted by contractor and make sure all invoices are in line with contractual
Develop historical Cost database of a project – Maintain a database of all completed projects so they can be used in future for reference purpose
Periodic accruals and cash calls – Prepare the cost accruals in line with the finance systems for booking the monthly cost. Further, provide the cash

Graduation in accounting or finance with professional qualifications e.g. CIMA, CMA. 8-10 years experience mainly in EPC projects in oil&gas industry (like surface facilities for wells, pipelines, gas compression, process plants, etc) in capacity of project accountant. Extensive experience in budgeting, Cash Calls, cost allocations, project economics and other finance processes. Expert in Excel and Powerpoint,