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Senior Cost Controller (T0045593)

Date Posted: 28/06/2018
Area: Aberdeen
Duration: 12 months
Rate: Negotiable
Type: Contract
Ref: T0045593

We are working with our client based in Aberdeen who is a Subsea contractor to the Oil and Gas Industry, and they are looking to source a Senior Cost Controller

This role is a 12 month contract ( Maternity Cover Role)

Job Purpose:

The Cost Controller is responsible for the management and reporting of all costs and revenues of project he/she has been allocated.

Reporting lines and interactions:

Functionally will report to the Cost Control Manager

Operationally cost controller will be part of the project team and report to the Project Manager or Project Director.

Key interactions (internally, externally): Stream Managers, Project Financial controllers, Contract Engineer, Commercial Manager, Planner and QHSES.

Mentoring: Cost controller


Must have

Finance/Business Master and/or qualification

Significant experience of Cost Control depending on project size and complexity

Experience with large companies and an ERP system

Nice to have

Experience in the oil and gas industry

Main accountabilities

During contract execution

  • Main Roles and Responsibilities

    • Responsible to establish the first project budget/forecast based on handover bid from Sales Department

    • Responsible for the updates of changes to the forecast based on inputs from project management and other project team members as applicable


    • Responsible for monthly Project Cost Report and Project Management Report

    • Preparation of monthly invoices to Client and follow up works

    • Follow up reimbursable costs

    • Evaluate the economic impact of changes/variations in scope of work

    • Perform economic analysis, forecasts, deviations reports etc

    • Increase other Departments’ awareness of the Cost Control function

    • Review of commitments

  • Assist procurement on invoices from Subcontractors /Suppliers


  • Key tasks: the cost controller needs to develop reporting requirements

    • Manpower forecasting

    • Vessel forecasting

    • Budget transfer and variance register

    • Budget variance formalization

    • Project contingency follow up

    • Cost sensitivities analysis

    • Reporting requirements

Additional information

Performance skills

  • Must work collaboratively with all members of the PMT and other Departments within the Company

  • Ability to work in a team environment as well as independently. Someone who is adaptable to change and a fast pace environment.

  • Strong verbal and written communication and interpersonal skills required.

  • Ability to deal effectively with deadlines

  • Strong knowledge of IFRS and GOPS

  • Ability to analyse project risks and anticipate events

Should this position be of interest to you, please contact us and we will be happy to discuss this role

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