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Cost controller (EPC experience)

Della Infotech Inc. Houston, TX
  • Expired: over a month ago. Applications are no longer accepted.

Position: Cost controller

Duration: Permanent

Location: Houston, TX-77084

Client: Oil and Gas industry

Role Description

· Establish and manage a cost control system in order to support the PM decision-making process and allow him to complete the project within the approved budget

· Ensure any deviation from budget is promptly spotted and analyzed, final impact is estimated, and the effect of corrective actions taken is monitored

· Create a cost awareness atmosphere among project team

· Satisfy the Operating Company and Corporate requirements for the cost control reporting, cooperating with the proper interfaces

At project initial phase:

· After contract award, ensure the implementation of the Cost Control System, elaborating the consolidated Cost Breakdown Structure according to the relevant procedure, reviewing the procurement/accounting g system adopted in each Operating Companies/Branches involved into the project, and verifying the application of the CBS and the cost traceability

· Issue the Project Cost Control Procedure, Cost Coding Manual and Risk Management t Plan, for the Project Control Manager verification, according to standards and contract specification and configure the Cost Breakdown Structure to monitor procurement and accounting activities

· If not provided during the commercial phase, split the Commercial Budget according to the intercompany scheme, contract and work schedule, in order to report revenues/costs by entity, currencies, and main cost accounts and prepare the cash-flow by currency

· Coordinate the risk management activities startup organizing the first brainstorming and the qualitative / quantitative assessment of the identified risks and opportunities

· Carry out the Montecarlo Analysis

During the project execution phase:

· Ensure the Cost Control System works effectively, and cost status is soundly assessed and reported

· Monitor activity progress and the relevant earned value, as well as the value of work done against the invoices received, determining the monthly accruals (to have accounts in line with works progress)

· Support the Project during the contract changes/claims process providing the cost impact analysis, and keep updated the cost/revenues forecast relevant to intercompany services

· Analyze committed costs and activities to-date, review the estimate to complete, isolating any deviation from bas elines or adverse trend and warn the PM on time to take corrective actions in order to prevent overruns

· Maintain the risk management process organizing periodic meetings and verifying the risk owners’ feedback

· Issue the project and company reporting

At project closure

· Support the Project Control Manager in the preparation of the Project close-out Report and the cost feed-back data to Project Control and Commercial Departments

Accounting standards/principles.

· Knowledge of international and national accounting standards and principles (mainly IAS/IFRS) in order to understand and analyses financial books and records.

· Knowledge of IFRS 11 and Company rules in order to consolidate operating companies, joint ventures and participations.

· Capability to identify potential misalignment with policies.

Cost Estimation

· Capability to manage complete project cost estimation critically analyzing different cost estimate solutions based on external input or elements arising from new contexts, supporting the risk evaluation with cost estimate elements.

Contract Management Commercial Process (contract evaluation, negotiation and proposal with regards to partners, suppliers and customers)

· Knowledge of the process of preparing, evaluating, negotiating and proposing contractual documentation concerning partners, suppliers and customers.

Business processes principles

· Knowledge of business process principles

· Knowledge of how the different sub-processes are inter-linked.

Cost and Work Breakdown Management Knowledge of WBS \ CBS implementation process.

· Knowledge of cost control, planning and document control tools structure and management. Ability to organize and input the WBS \ PBS structures in P6 according to the best methodology. Capability to draft WBS and PBS in excel upon request.

· Knowledge of how to apply CBS in executive projects and populate the SAP and PRISM tools.

Cost Control Knowledge of cost control techniques.

· Capability to implement and manage a cost control system for activities/projects.

· Knowledge of techniques for measuring performance and progress of economic data, and for allowing evaluation of risks.

· Ability to apply cost control techniques and ability to analyses and control activity/project revenues and costs, and to monitor progress and value of work done.

· Capability to identify economic issues and propose mitigations in coordination with contract management team(s).

Management of change

· Knowledge of the overall project change management process, the functions involved, the procedures concerned, MOC tool for the onshore division, and the impacts on project economics.

Project Analysis and Reporting

· Knowledge of the objectives of project control project analysis and reporting, knowledge of the notions of progress status and s-curves, key project indicators or parameters, earned value and productivity.

Project control processes

· Knowledge of the project control scope, activities, tools, roles involved, documents, interfaces and deliverables.

Project Control Systems

· Knowledge of project control system tools and their integration logics. Knowledge of information management techniques.

· Capacity to interface with users to collect and address problems.

Della Infotech Inc.

Why Work Here?

Amazing clients all over the US, always reachable representatives, on-time payments and excellent benefits!

Della Infotech Inc is in staffing business for five years. Over the years, we have placed hundreds of candidates to various temp and permanent positions with our 50+ happy clients all over US and Canada including Fortune 500 corporations.


Houston, TX USA 77084
Houston, TX
77084 USA