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Lead Cost Controller
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Title
Lead Cost Controller
Lead Cost Controller
Primary Objectives
R2113926
Lead Cost Controller
Lead Cost Controller
Primary Objectives
- Develop, coordinate and manage procedures to ensure the efficient cost control of the Projects, including the recording, controlling, forecasting and reporting of all financial matters.
- To proactively support the Project by managing the cost control personnel and their activities across the organization
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To assist and support the Project Controls Manager and Cost Department Head
- Develop, implement and control the project accounting and job costing system to meet project requirements
- Take ownership of the cost control function and ensure integrity of the data being processed
- Interface with project personnel to develop project forecasts and analyse project costs
- Supervise any supporting roles in the project cost control area
- Liaise with clients to clarify cost related issues and develop timely and meaningful monthly invoices. Ensure payment of invoices according to EPCM contract terms
- Preparation of project invoices in conjunction with the Accounts Department
- Liaise with Client for reporting purposes
- Preparation of monthly financial reports for the project. Also prepare other financial analysis as required on an ad hoc basis
- Implement financial controls including controlling authorizations of expenditure and cash flow projections
- Preparation of budgets in conjunction with engineering and construction team members
- Ensure effective coordination and cooperation between other team members, particularly regarding cost, planning (forecasting) and procurement matters
- Ensure through quality practices that work is completed accurately and in accordance with company procedures.
- Utilize Continuous Improvement processes to ensure consistent quality and fit-for-purpose outcomes.
- Promote the identification of potential areas of concern or improvement, to maximize cost effectiveness on projects and work practices.
- Develop and maintain a professional, highly skilled Cost Control team through leadership, resources, technical and system support, training and innovation.
- Provide advice and guidance to other personnel as required.
- Develop and maintain effective working relationships with team members and other personnel.
- Provide guidance and support to Asset Cost Controllers and Project Cost Controllers in fulfilling their cost control responsibilities.
- Maintain a high level of communication / interface with other cost and project control personnel within
- Monitor cost control applications to ensure project data integrity.
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Provide ad-hoc cost control support / advice to Project Engineers and Management.
- Must have a degree / diploma in Science or Financing / Accounting.
- Must have minimum 10 years post qualification experience
- Must have minimum 5 years post qualification experience in oil and gas projects
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Must have minimum 5 years experience in a Lead Cost Controller role
- Proven computer literacy skills with experience in cost and project control computer applications
- Proven ability to communicate effectively with others; (verbally, in written communications and in presentations / meetings).
- Ability to effectively and efficiently plan / prioritise all areas of responsibility such as: Budgets; Time management; Resources – training and succession planning.
- Demonstrate an awareness and understanding of industry standard practices in cost control activities.
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Experience in audit activities.
R2113926
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