Search For Jobs Cost Controller

  • Ref: CW-COSTCONTROLLER_1578936500

  • Permanent

  • London, Twickenham

  • £Negotiable depending on experience

  • End: 5th Mar 2020

First People Solutions are currently looking for a Cost Controller to join a global oil and gas consultancy based in South London. This will be a permanent role, working out of their brand new offices.

Main duties:

  • Generate and manage a cost control system to support Project Managers’ decision making.
  • Ensure any deviations from budget are promptly identified / analysed with corrective action taken.
  • Establish a cost awareness atmosphere among project teams whilst satisfying both operating client company and corporate cost control reporting requirements.

Other responsibilities:

Initial Project 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 system adopted at each operating company involved with the project.
  • Issue the Project Cost Control Procedure, Cost Coding Manual and Risk Management Plan, for the Project Control Manager verification.
  • Split the Commercial Budgets in order to report revenues/costs by entity, currencies, and prepare cash flow by currency.
  • Coordinate risk management activities and the qualitative / quantitative assessment of identified risks and opportunities.

Project execution phase:

  • Ensure the cost control system works effectively and cost status is assessed and reported.
  • Monitor activity progress and the relevant earned value, as well as value of work done, against invoices received, determining monthly accruals and generating accounts in line with works progress.
  • Support projects during the contract changes/claims process, providing cost impact analysis, and updating cost/revenue forecasts.
  • Analyse committed costs and activities to-date, review estimates to completion and advise the Project Managers accordingly.
  • Maintain the risk management process, organizing periodic meetings and verifying risk owners feedback
  • Issue project and company reports.

Reasons to join this company:

  • This firm are a global giant in the offshore oil & gas and offshore wind industry; they are growing at a fast rate and are due to become one of the largest energy companies in the UK
  • They have a fantastic pay scale on offer for this role and some great benefits including flexible working, bonus scheme, 8% pension and many more

For more information, please get in touch. Either apply for this advert or contact Calum Walker at First People Solutions.

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