Project Cost Controller

2 weeks ago


Doha, Baladīyat ad Dawḩah, Qatar MPH Global Services Full time

Industry:
Oil & Gas

City/Country:
Doha, Qatar


Location:

Doha

We are looking for
Project Cost Controller for one of our clients with the following details:

Start Date : 01-JUL-2024

End Date : 30-JUN-2026



Location:

Doha


DOHA onshore - Monthly log allowance (SINGLE status)

Qualifications & Experience Required:

  • Minimum Qualifications
  • Degree in Economics are equivalent.


Minimum Experience
  • Minimum 5 years' experience in similar activities for oil & gas projects.
  • Job-Specific Skills (Generic / Technical)
  • Advanced knowledge & experience in use of relevant computer systems (SAP, BW, Excel, Word, PowerPoint, Access, Power Query, Power BI).
  • Fluency in English.
Job Responsibilities

  • To promote & comply with applicable safety instruction and other Company HSE procedures 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.
  • The Job holder must be willing to participate in crisis response training and to assist during emergency response situations if required.

Budget:

  • To prepare for review dedicated yearly and LOP forecasts data for the package.
  • To prepare for review the detailed annual budget and updates in liaison with various internal entities and disciplines leads.
  • To participate in the presentation and to defend the budget performance as required.
  • To control budget availability for each commitment.
  • To ensure budget control, highlighting current trends and to justify variances between Forecast and Budget.
  • To establish register, to update, monitor and control the commitments, expenditure incurred and forecast for all contracts and purchase orders managed by Major Projects.
  • To perform specific Cost Analysis.
  • To provide input to the PALM (SAP) system, with regard to commitments, payment schedules, invoicing, time sheets and cost control issues, as required.
  • Liaise with the Company Finance entity to ensure that G&A and other common costs are charged fairly to the Major Project budgets.

Closure:

  • To prepare the monthly closure and make sure accruals done in PALM system are in accordance with current project(s) progress.
  • To prepare all necessary documents as necessary for compliance regarding accruals.

Cost reporting:

  • To issue a detailed internal and external monthly cost report (Trends, Areas of Concern, Budget Variance analysis, Commitment/Expenditure figures, forecast at completion etc.) with comments and advise Project/Package Management on cost overruns in a timely manner.
  • To ensure correct and auditable records of all matters with Project expenditures, contracts, budgets, cash flows, forecasts, etc.
  • To supervise the contractors and suppliers cost control activities.
  • To deliver monthly cash forecasts for the perimeter.

Invoicing:

  • To implement an efficient invoicing process and comprehensive control of the services to company.
  • To check and monitor invoices, in liaison with company accounting department to enable timely payment of invoices.

Organization:

  • To develop, communicate and implement procedures to ensure the efficient organization and operation of the Project budget and cost control activities.
  • To advise, during project setup post award, contractors on key commercial requirements (invoicing format and submission, cost reporting etc.).
  • To anticipate additional requirement for cost control support during execution of the project(s).

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 Company Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes.).
  • To carry out any other duties or tasks that may be assigned by hierarchical superiors.

If interested,
k
indly apply

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