Develop and maintain Project Cost Controls System and Management Reporting for project value above US$50M to US$100M To ensure the completeness and accuracy of revenue and cost are reported on timely basisKEY RESPONSIBILITIES & ACTIVITIESThe employee s responsibilities include, but are not limited to the following Liaise with Commercial Department to take over the bid documentation to set up Work Breakdown Structure (WBS) and Net Work Activities (NWA) in SAP and establish project as sold budget for internal management report; As per contract s requirement, set up the external cost report to Client and Government ; Monitors and updates the actual and committed cost periodically and analyses these costs; Verify cost allocations according to NWA to Project Management Team and Supply Chain Management; Prepare monthly Cost Model and Project Monthly Status Report (PMSR), and Client s Reports if required; Monitor and identify variance from project as sold budget and report accordingly; Maintain Change Order, Budget Shift & Trends Register and prepare the support documents; Assist and Support PM and Contract Administrator to do the estimation of CO to Client; Prepare billing memo with supporting documents to Finance for official invoice; Internal liaison with FinanceProcurementOperations Asset to maintain efficient & accurate recording of cost expenditure and manage discrepancies for preparation of accurate and complete cost reports; Troubleshoot cost abnormalities in reporting data and liaise with relevant parties as necessary; Provide the support to Finance for External Audit and Tax Audit; Support Project Controls Manager on risk process and report; Prepare project and Management ad hoc reports; Involving SAP system improvement and regional reports if there is anyKEY QUALIFICATIONSEXPERIENCEWorking Experience Preferred 5 years of cost control experience in the Oil & Gas industry Minimum 8 year of cost control experience in engineering and construction environment Must be fluent in the English language and be an effective communicatorAcademic and Professional Qualifications Bachelor s Degree in Engineering or ScienceAdditional Knowledge Require to have offshore construction and installation project management (preferred)Computer IT Skills High level of Competency in the use of MS Excel (Intermediate to Advance), Power Point and Word Experience in ERP System, SAP is preferredAUTHORITYDIMENSIONS Operate within the Business Code of Conduct Operate according to Subsea 7s Management Principles Support standards and procedures for the relevant Function
Eligibility:Bachelor of Technology/Engineering .
Industry:Engineering Design & Consulting
Function:Accounts / Taxation / Audit / Company Secretary
Deadline:17th Sep 2024
Senior Project Cost Controller