Cost Control Specialist

KBR; Abu Dhabi; On-site; AED 80,000 - 100,000; Full time

Job summary

A leading company in Abu Dhabi is seeking a Cost Control Specialist for a long-term contract. The role involves managing project financials, conducting variance analysis, and overseeing compliance and operational support. Ideal candidates will have strong financial and cost control expertise, ensuring accurate reporting and adherence to project budgets.

Qualifications

• Experience in managing cost controls and overseeing project financials.
• Knowledge of variance analysis and project accounting.

Responsibilities

• Manage cost controls and oversee project financials.
• Conduct variance analysis by reviewing job ledger and cost centers.
• Implement and monitor cost control procedures for accurate reporting.

Skills

Cost Control

Financial Analysis

Variance Analysis

Project Management

Job description

Title:

Cost Control Specialist

"Belong, Connect, Grow, with KBR!

The KBR team of teams delivers future-forward science, technology and engineering solutions and mission-critical services that help governments and companies around the world accomplish their most important objectives, while also helping achieve their sustainability goals.

KBR Sustainable Technology Solutions provides holistic and value-added solutions across the entire asset life cycle. These include world-class licensed process technologies, differentiated advisory services, deep technical domain expertise, energy transition solutions, high-end design and engineering capabilities, and smart solutions to optimize planned and operating assets.

Job Description

Job Title: Cost Control Specialist

Company: KBR - Abu Dhabi

Project: Majnoon

Employment Type: Long Term Contract

Responsibilities:

1. Manage cost controls and oversee project financials.
2. Own P&L responsibilities for e-PCSR.
3. Conduct variance analysis by reviewing job ledger and cost centers.
4. Oversee Accounts Payable for all project vendors.
5. Manage Accounts Receivable, including invoicing, aging, WHT, DSO.
6. Supervise employee expense reimbursement processes.
7. Lead WBS management: creating, updating, and reviewing.
8. Act as interface between project and project accounting, supporting corporate reports.
9. Handle standard costing, including multipliers.
10. Prepare BOC1540 reports such as VOWD and Monthly Cost Report.
11. Assist with corporate compliance reports like SOX.
12. Implement and monitor cost control procedures for accurate reporting of costs, expenditures, and estimates at completion.
13. Oversee timesheets for UAE & Iraq, including role management and approval batches.
14. Serve as focal point for internal audits and support client audits.
15. Review and validate project contractual documents like work orders, contracts, ICA's.

Compliance, Finance, and Operations Support:

1. Oversee project CMC and P-cards for UAE & Iraq.
2. Supervise project finance processes such as petty cash, advances, per diems.
3. Conduct financial assessments during tendering.
4. Manage work permit applications and cancellations.
5. Lead social security registration with DRSS.
6. Report WHT status weekly for Iraq portfolio.
7. Manage waivers and vendor contracts, ensuring compliance.
8. Prepare quarterly KPIs aligned with contracts.
9. Develop project-specific cost and finance procedures.
10. Supervise, train, and support cost control and finance teams.
11. Participate in department audits, especially in Iraq.
12. Respond to ad hoc requests from BOC.