Senior / Cost Engineer - Oil & Gas EPC

Job Summary

The Cost Controller oversees cost and budget management for Project Execution Excellence initiatives, ensuring alignment with internal standards and project requirements while coordinating cross-functional teams to deliver accurate cost control and reporting.

Responsibilities

• Lead the development and enforcement of cost control rules and procedures specific to Project Execution Excellence initiatives to ensure consistent project consolidation
• Manage and analyze cost reporting including budgets, actuals, and forecasts for multiple projects to identify cost impacts and variances
• Coordinate cost control activities across central and regional Cost Control teams to support budget estimation and reporting for new initiatives
• Collaborate with discipline leads to obtain and update cost reports reflecting cost impacts on budgets and forecasts
• Collect and report project manhours and manpower histograms, comparing actuals against plans and forecasts
• Work closely with finance and accounting teams to ensure accurate reporting of all costs and expenditures in cost reports
• Support change management by ensuring all project changes and variations are captured and reflected in cost reports
• Assist Project Controls Manager in developing and reporting business unit and department budgets
• Review vendor and subcontractor cost reports, updating project budgets and forecasts accordingly
• Partner with Procurement and Supply Chain teams to report purchasing budgets, commitments, and cost changes on equipment packages
• Develop Cost to Revenue (CTR) analyses to support projects and bid proposals
• Collaborate with estimating and commercial teams to translate cost estimates into pricing templates
• Work with Risk Manager to assess risk threats, opportunities, and cost consequences, validating project contingency build-ups
• Prepare and update project status and progress reports on weekly to yearly intervals in coordination with project managers and discipline leads
• Support the development of Operating Business Unit (OBU) specifications, policies, and procedures alongside Project Controls, Risk, and Estimating Managers
• Perform additional duties as assigned by management

Preferred competencies and qualifications

• 5+ years of experience in oil and gas industry Cost Controls with proven leadership in major offshore project execution
• Expertise in FPSO/FSO/FLNG sectors highly desirable
• Experience managing Cost Control for EPCI projects including yard work to ensure cost efficiency throughout project lifecycle
• Bachelor’s degree in a technical field required; Master’s degree preferred
• Advanced skills in MS Excel and other computer applications to develop and manage complex cost control tools and reports
• Strong communication skills in English to produce reports, presentations, and engage diplomatically with stakeholders
• Proven ability to prioritize and manage multiple tasks independently in fast-paced environments while maintaining accuracy and meeting deadlines
• Proactive problem-solving skills with a collaborative approach to achieve successful project outcomes