Senior Project Cost Controller

Found in: beBee S QA - 3 weeks ago

Qatar شركه المواهب Full time

Vacancy Overview

Senior Projects Cost Controller

Airswift is an international workforce solutions provider within the energy, process, and infrastructure industries. Airswift serves as a strategic partner to our clients, offering a turnkey workforce solution to capture and deliver the top talent needed to complete successful projects by aligning with the unique needs of our clients. With over 800 employees and 6,000 contractors operating in over 50 countries, our geographical reach and pool of talent available is unmatched in the industry.

Airswift is seeking for Senior Projects Cost Controller to work in Qatar with a major Oil & Gas Company.

QUALIFICATION

  • Degree in Economics or equivalent
  • Advanced knowledge & experience in use of relevant computer systems (SAP, BW, Excel, Word, PowerPoint, Access, Power Query, Power BI)
  • Fluency in English

Duties And Responsibilities

  • To promote and adhere to applicable safety guidelines and other company’s HSE policies in all activities.
  • To carry out work in compliance with Company values and policies, relevant laws and regulations, agreed Company priorities and objectives, Company standards and procedures and good industry practices
  • To treat all information obtained during course of the work with confidentiality

Tender

  • To support in preparation of Contract documents and provide challenge to the commercial and reimbursable terms, ensure CBS is aligned with WBS etc
  • To liaise with VP, Project managers and B&D entity to review Cost Estimate based on benchmark data
  • To support in preparing project CAPEX for Final Investment Decision

Budget

  • To prepare for review of the annual detailed budget and revisions by consulting with various internal entities and adhering to the finance department's prescribed NOC budget standard format.
  • accountable for the presentation and for providing the necessary defense of the budget performance
  • To control the amount of money available for each commitment
  • To maintain budgetary discipline, highlight current trends, and explain differences between forecasts and budgets
  • To create a record of all commitments, expenditures incurred, and forecasted expenditures for all contracts and purchase orders controlled by Major Projects; to update, monitor, and regulate this register.
  • To carry out particular Cost Analysis
  • To promote and adhere to applicable safety guidelines and other company’s HSE policies in all activities.
  • To carry out work in compliance with Company values and policies, relevant laws and regulations, agreed Company priorities and objectives, Company standards and procedures and good industry practices
  • To treat all information obtained during course of the work with confidentiality

Tender

  • To support in preparation of Contract documents and provide challenge to the commercial and reimbursable terms, ensure CBS is aligned with WBS etc
  • To liaise with VP, Project managers and B&D entity to review Cost Estimate based on benchmark data
  • To support in preparing project CAPEX for Final Investment Decision

Budget

  • To prepare for review of the annual detailed budget and revisions by consulting with various internal entities and adhering to the finance department's prescribed NOC budget standard format.
  • accountable for the presentation and for providing the necessary defense of the budget performance
  • To control the amount of money available for each commitment
  • To maintain budgetary discipline, highlight current trends, and explain differences between forecasts and budgets
  • To create a record of all commitments, expenditures incurred, and forecasted expenditures for all contracts and purchase orders controlled by Major Projects; to update, monitor, and regulate this register.
  • To carry out particular Cost Analysis
  • To contribute to the PALM system as needed with respect to commitments, payment schedules, invoicing, time sheets, and cost control issues.
  • With Project Control and the training department, review the MP training matrix and make sure that training is given as needed.

Closure

  • To prepare the monthly closure and ensure that accruals made in the PALM system are consistent with the status of the current project(s)
  • To compile the required documentation for compliance with accruals.

Cost Reporting

  • To timely provide project management with a complete internal cost report (including Trends, Areas of Concern, Budget Variance Analysis, Commitment/Expenditure Figures, Forecast at Completion, TW, AK Follow Up, etc.) with comments.
  • To make sure that all information about project expenditures, contracts, budgets, cash flows, forecasts, etc. is accurate and auditable.
  • To act as the interface with the NOC Finance entity and provide them with data for incorporation in corporate financial documents
  • To supervise the contractors and suppliers cost control activities

Invoicing

  • To put in place an effective billing procedure between the various project locations
  • To keep track of invoices and work with NOC Accounting to ensure prompt payment of invoices
  • Setting up and enhancing the CDS mechanism.

General

  • To promote cost consciousness within the entity
  • To ensure confidentially is being kept as per sensitive data
  • To liaise with internal and external auditors for cost justification
  • To prepare the required cost recovery related documentation
  • To liaise actively with NOC Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes...)
  • To prepare commercial close out of each contract and archive all financial documentation as per NOC guidelines, for the MP costs center
  • To carry out any other duties or tasks that may be assigned by hierarchical superiors

Experience

  • A minimum of twelve (10) years of experience years in similar activities for oil & gas projects.
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