Title:

Lead Cost Controller

Position Title

Lead Cost Controller

Primary objective

Develop, coordinate and manage procedures to ensure the efficient cost control of the Projects, including the recording, controlling, forecasting and reporting of all financial matters.

Mandatory Requirements:

Must have a degree / diploma in Science or Financing / Accounting.Candidate having more than 16 years overall and more than 10 years related designation experience is considered to attain minimum academic qualification requirement.Must have minimum 10 years post qualification experienceMust have minimum 5 years post qualification experience in oil and gas projectsMust have minimum 5 years experience in a Cost Controller role Must have at least 2 years hands on experience in Cost Control.-Specific AccountabilitiesDevelop, implement and control the project accounting and job costing system to meet project requirementsTake ownership of the cost control function and ensure integrity of the data being processedInterface with project personnel to develop project forecasts and analyse project costsSupervise any supporting roles in the project cost control areaLiaise with clients to clarify cost related issues and develop timely and meaningful monthly invoices.  Ensure payment of invoices according to EPCM contract termsPreparation of project invoices in conjunction with the Accounts DepartmentLiaise with Client for reporting purposesPreparation of monthly financial reports for the project.  Also prepare other financial analysis as required on an adhoc basisImplement financial controls including controlling authorisations of expenditure and cash flow projectionsPreparation of budgets in conjunction with engineering and construction team membersEnsure effective coordination and cooperation between other team members, particularly in regard to cost, planning (forecasting) and procurement mattersEnsure through quality practices that work is completed accurately and in accordance with company procedures.Utilise Continuous Improvement processes to ensure consistent quality and fit-for-purpose outcomes.Promote the identification of potential areas of concern or improvement, to maximise cost effectiveness on projects and work practices.Develop and maintain a professional, highly skilled Cost Control team through leadership, resources, technical and system support, training and innovation.Provide advice and guidance to other personnel as required.Develop and maintain effective working relationships with team members and other personnel.Provide guidance and support to Asset Cost Controllers and Project Cost Controllers in fulfilling their cost control responsibilities. Maintain a high level of communication / interface with other cost and project control personnel withinMonitor cost control applications to ensure project data integrity.Provide ad-hoc cost control support / advice to Project Engineers and Management.Essential Skills/ExperienceProven computer literacy skills with experience in cost and project control computer applicationsProven ability to communicate effectively with others; (verbally, in written communications and in presentations / meetings).Ability to effectively and efficiently plan / prioritise all areas of responsibility such as: Budgets; Time management; Resources – training and succession planning.Demonstrate an awareness and understanding of industry standard practices in cost control activities.Experience in audit activities.