Senior Projects Cost Controller

Senior Projects Cost Controller (20/11/2023) Doha, Qatar

We are looking for a Senior Projects Cost Controller for one of our clients with the following details:

Location: Doha

Doha Logistics allowance: SINGLE status

Mob date: 01-JAN-2024

Demob date: 31-DEC-2025

Resignation: 2 months' notice period

Qualification and Experience Required:

Degree in Economics or equivalent
Minimum 10 years’ experience in similar activities for Oil & Gas projects.
Advanced knowledge & experience in use of relevant computer systems (SAP, BW, Excel, Word, PowerPoint, Access, Power Query, Power BI)
Fluency in English

Accountabilities

In conformity with the guidelines, timeframes, and practices of the company’s Finance & Cost Control:

Should be responsible for the running cost model's development and ongoing improvement.
To prepare/revise and distribute the cost centre’s comprehensive budgets.
In-charge of the project's cost reporting, monitoring of allotted expenses, time tracking, and monitoring of the activities involved in processing invoices and their associated KPI reports.
Master Control Estimate/Current Control Estimate (MCE/CCE) development and maintenance

Activities

To promote and adhere to applicable safety guidelines and other company’s HSE policies 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

Tender

To support in preparation of Contract documents and provide challenge to the commercial and reimbursable terms, ensure CBS is aligned with WBS.
To liaise with VP, Project managers and B&D entity to review Cost Estimate based on benchmark data
To support in preparing project CAPEX for Final Investment Decision

Budget

To prepare for review of the annual detailed budget and revisions by consulting with various internal entities and adhering to the finance department's prescribed the company’s budget standard format.
Accountable for the presentation and for providing the necessary defense of the budget performance
To control the amount of money available for each commitment
To maintain budgetary discipline, highlight current trends, and explain differences between forecasts and budgets
To create a record of all commitments, expenditures incurred, and forecasted expenditures for all contracts and purchase orders controlled by Major Projects; to update, monitor, and regulate this register.
To carry out particular Cost Analysis
To contribute to the PALM system as needed with respect to commitments, payment schedules, invoicing, time sheets, and cost control issues.
With Project Control and the training department, review the MP training matrix and make sure that training is given as needed.

Closure:

To prepare the monthly closure and ensure that accruals made in the PALM system are consistent with the status of the current project(s)
To compile the required documentation for compliance with accruals.

Cost reporting:

To timely provide project management with a complete internal cost report (including Trends, Areas of Concern, Budget Variance Analysis, Commitment/Expenditure Figures, Forecast at Completion, TW, AK Follow Up, etc.) with comments.
To make sure that all information about project expenditures, contracts, budgets, cash flows, forecasts, etc. is accurate and auditable.
To act as the interface with the company’s Finance entity and provide them with data for incorporation in corporate financial documents
To supervise the contractors and suppliers cost control activities

Invoicing:

To put in place an effective billing procedure between the various project locations
To keep track of invoices and work with the company Accounting to ensure prompt payment of invoices
Setting up and enhancing the CDS mechanism.

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 the company Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes...)
To prepare commercial close out of each contract and archive all financial documentation as per company guidelines, for the MP costs center
To carry out any other duties or tasks that may be assigned by hierarchical superiors

If Interested Kindly apply.