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Title:

Senior Cost Controller

Job Description:

Accountabilities:

  • Implement the ADNOC Group Cost Engineering standard and guideline in the project
  • Be the focal point for all costs related reporting on the project ensuring data integrity
  • Maintenance of the ADNOC project Cost Breakdown Structure and its mapping to the projects Work Break Down Structure (WBS)
  • Establish the Project Budget in the ADNOC Cost Management system
  • Manage ADNOC and the group companies’ management of change process in line with ADNOC DOA
  • Maintain the project risk register, AFE tracker and Unallocated Provision/Contingency Mgt drawdown curve
  • Calculate monthly accruals based on various contractor and vendor inputs
  • Update the ADNOC Portfolio Management system with the latest Estimated Final Cost, Actuals, VoWD, Commitments and Forecast on a monthly basis based on Contractor Reporting, internal assessments, and input from ADNOC’s ERP system
  • Help establish/input into the 5 Year Business Plan
  • Maintain the projects Cash-call management
  • Trend Forecast on a monthly basis, keeping a trend register updated in the process
  • Able to use different forecasting methodologies as specified in the ADNOC Cost Engineering Standard and Guideline
  • Input into any ad-hoc reporting requirements that may be requested by management
  • Prepare and issue cost monthly reports
  • Ensures financial close-out of all Call Off orders
  • Contributes to lessons learnt
  • Able to carry out bottoms up estimates for budgeting purposes as and when as per the ‘ADNOC Cost Engineering Guideline for projects in Execute’
  • Has a strong background in Project Controls in general and a strong understanding/appreciation of the Estimating and Planning functions incl. interfaces with cost engineering
  • Able to challenge contractor reports and interrogate request for variations/claims
  • Is aware of the Risk Management process
  • Is aware of relevant accounting standards

Skills/Qualifications

  • Engineering degree, Business or likewise from a recognized University
  • Experience of working in a multi-national Oil and Gas major or EPC Contractor
  • Minimum 15+ years of relevant experience
  • Candidate shall have previously held the position of Cost Engineer/ Controller and should have worked on at least one major project (greater than $ 500 Mln ) involving the production of hydrocarbons
  • Must have experience of Offshore Facilities
  • Previous ADNOC experience preferred
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Confirmed 3 hours ago. Posted 30+ days ago.

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