Cost Control Specialist

4 days ago


Doha, Baladīyat ad Dawḩah, Qatar lxbfYeaa Full time

Job Description:

The Principal Project Controls Administrator plays a vital role in supporting project cost and schedule forecasting efforts. This individual contributor works closely with the Project Manager and other stakeholders to ensure accurate and timely information is provided for decision-making purposes.

Responsibilities:

  1. Reports to the Lead Cost Specialist or Project Controls Manager for both internal and external reporting.
  2. Maintains effective communication within the Cost and/or Project team to provide necessary information about assigned duties.
  3. Sets up and maintains communication with disciplines in the Project team, including Engineering Disciplines, Procurement, Subcontracting, Construction, and Fabrication as applicable, to collect and supply information about assigned duties.
  4. Assists the cost team in setting up internal and external cost reporting, forecasting, and change management systems to provide timely decision-making and corrective action to project management.
  5. Sets up Cost control system on a project based on McDermott internal requirements and project (contract) requirements.
  6. Becomes familiar with procurement, estimating, planning & scheduling, and finance and accounting techniques, as well as cost control tools and best practices.
  7. Under supervision, prepares parts of an EPC cost database for job parts assigned.
  8. Uses cost trending tools based on earned value principles, following company standards.
  9. Under supervision, prepares preliminary cost/quantity analysis for job parts assigned.
  10. Under supervision, prepares a cost forecast at project completion based on an estimate-to-complete for remaining work and registered expenditures & commitments on job parts assigned.
  11. Assists in setting-up and maintaining a change management system.
  12. Executes lower grade tasks as necessary.
  13. Works on multiple projects as required.


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