TS - Senior Cost Control Engineer

Be part of the solution at Technip Energies and embark on a one-of-a-kind journey. You will be helping to develop cutting-edge solutions to solve real-world energy problems.

We are currently seeking a Senior Cost Control Engineer to join our team based in Kuala Lumpur.

About us:

Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.

Through collaboration and excellence in execution, our 17,000+ employees across 34 countries are fully committed to bridging prosperity with sustainability for a world designed to last.

About Job:

The Senior Cost Control Engineer is responsible for the management and reporting of all costs and revenues of project he/she has been allocated.

The Cost Control & Risk Engineer also proactively supports the Project Manager in protecting and improving project objectives and margins through anticipation and de-risking. The role assists in monitoring all project risks (Health, Safety, Environment, Security, Technology, Engineering, Construction, Legal, Finance, etc.). Additionally, the Cost Control & Risk Engineer is responsible for implementing Risk Management processes and governance during both proposal and project execution, and is directly involved in the production of all qualitative and quantitative (cost and schedule) risk management deliverables.

Main Roles and Responsibilities

• Responsible for establishing the initial project budget and forecast based on the handover bid from the Proposal/Estimating Department.
• Responsible for updating forecasts based on changes and inputs received from Project Management and other project team members, as applicable.
• Responsible for preparing the monthly Project Cost Report and Project Management Report.
• Prepare monthly invoices for the Client and follow up on related activities, including reimbursable items.
• Evaluate the economic impact of changes and variations in the scope of work.
• Perform economic analyses, forecasts, variance reports, and other cost control activities.
• Update cash flow forecasts.
• Support the identification of threats and opportunities and develop mitigation plans.
• Increase awareness of the Cost Control function across other departments.
• Review project commitments.
• Assist the Procurement team with invoice reviews and processing for subcontractors and suppliers.

Key Tasks

The Cost Controller is required to develop and maintain the following reporting requirements:

• Manpower forecasting
• Construction and procurement forecasting
• Budget transfer and variation order register
• Budget variance tracking and formalization
• Cost sensitivity analysis
• Cash flow forecasting and monitoring
• Internal and external reporting requirements management

About you: 

· Degree in Engineering/Finance or equivalent
· 7 to 10 years of experience in related field
· Experience in EPCC projects is an added advantage.
· Knowledge of cost control tools and methodologies
· Solid analytical and problem solving skills.
· Ability to work collaboratively as well as independently.
· Strong verbal and written communication and interpersonal skills required.
· Ability to deal effectively with deadlines.
· Excellent knowledge of Microsoft Excel.

Your career with us 

Working at Technip Energies is an inspiring journey, filled with groundbreaking projects and dynamic collaborations. Surrounded by diverse and talented individuals, you will feel welcomed, respected, and engaged. Enjoy a safe, caring environment where you can spark new ideas, reimagine the future, and lead change. As your career grows, you will benefit from learning opportunities at T.EN University, such as The Future Ready Program, Graduate Program, and from the support of your manager through check-in moments like the Mid-Year Development Review, fostering continuous growth and development.

 What’s Next?

Once receiving your system application, our recruiting team will screen and match your skills, experience, and potential team fit against the role requirements. We ask for your patience as the team completes the volume of applications with reasonable timeframe. Check your application progress periodically via personal account from created candidate profile during your application. 

We invite you to get to know more about our company by visiting www.ten.comand follow us on LinkedIn, Instagram, Facebook, X and YouTube for company updates.

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