COST CONTROLLER ( Mechanical projects for Oil & Gas - SD/TA)

Role Overview

Cost Controller for mechanical projects in the Oil & Gas sector, focusing on Shutdown/Turnaround (SD/TA) work at ABIS.

Role Purpose

Monitor, control, and forecast project costs for mechanical Oil & Gas projects to ensure expenditures remain within budget and contractual requirements, while providing cost engineering expertise and management reporting.

Key Responsibilities

Cost Monitoring & Control

• Monitor and update cost estimates for projects to ensure costs remain within expected ranges.
• Organize, monitor, and control project costs and define project needs for cost control in accordance with contractual requirements, objectives, and Company procedures.
• Ensure that all project commitments are accurately reported and maintain updated final project forecasts and expenditure forecasts.

Analysis & Reporting

• Prepare and analyze comparisons of scope, quantities, and cost data between project forecasts and budgets.
• Analyze cost reports and extract required data for management reporting.
• Prepare and report cost engineering information on a monthly basis and when required for management.
• Use statistical tools to analyze cost metrics and perform risk analysis.

Stakeholder Coordination

• Coordinate with other departments such as human resources, payroll, accounting, and finance to ensure that all costs are accurately tracked.
• Attend project meetings and discussions with external clients if needed.
• Coordinate and work with the project management team to resolve project issues to ensure the delivery and completion of project work.

Management Advisory

• Proactively advise management when forecasted costs exceed the approved budget and recommend corrective actions.
• Identify critical areas and inform management regarding delays in the project.

Contract & Claims Management

• Provide all cost engineering expertise and coordinate activities as group/unit leader as required in preparation of the cost portion of Oil & Gas industry work for Shutdown/Turnaround, Projects, LFC/MFC/EPC Contracts.
• Review and analyze all claims and Change Orders on project contracts.
• Participate in the negotiation of project contracts as required.

Qualifications & Experience

• Bachelor's degree in Mechanical Engineering, Finance, or Accounts from a recognized university.
• Master's degree in Engineering or MBA is a plus.
• 6–8 years of professional experience in costing and budgeting, specifically in the Oil & Gas sector for Shutdown/Turnaround work.
• Related experience in Oil & Gas maintenance and Shutdown and Turnaround projects.

Skills & Competencies

• Proficiency with ERP systems, specifically Microsoft Dynamics AX 365.
• Statistical analysis and cost metrics evaluation.
• Risk analysis.
• Cost engineering expertise.
• Contract negotiation.