Project Cost Controller

4 weeks ago

alJumayliyah, Qatar MphExperts Full time

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 over-runs 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, kindly apply

  • Project Cost Controller

    2 weeks ago

    al-Jumayliyah, Qatar MphExperts Full time

    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...

  • Project Cost Controller

    2 weeks ago

    Al-Jumayliyah, Qatar MphExperts Full time

    We are looking for Project Cost Controllerfor 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 inEconomics are equivalent. Minimum Experience - Minimum 5years' experience in...

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