Cost Control Specialist

UAE Branches; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading contracting company is looking for a Cost Control Specialist to oversee financial processes and ensure accurate reporting in Abu Dhabi. The role involves managing project financials, overseeing vendor costs, and ensuring compliance with internal and external audits. Candidates should have experience in financial oversight and cost control processes, with an understanding of project accounting. This position offers a long-term contract opportunity in a dynamic environment.

Qualifications

• Experience in cost control processes and financial oversight.
• Strong understanding of P&L responsibility and variance analysis.
• Ability to manage project accounting and financial reporting.

Responsibilities

• Oversee cost control procedures for accurate reporting.
• Manage timesheets and expense reimbursements.
• Interface between project and project accounting.

Job description

Title

Cost Control Specialist

Overview

Belong Connect Grow with KBR!

The KBR team of teams delivers futureforward science technology and engineering solutions and missioncritical 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 valueadded solutions across the entire asset life cycle. These include worldclass licensed process technologies differentiated advisory services deep technical domain expertise energy transition solutions highend design and engineering capabilities and smart solutions to optimize planned and operating assets.

Job Description

Company: KBR Abu Dhabi. Project: Majnoon. Employment Type: Long Term Contract. Position: Cost Control Specialist.

Job Responsibilities

• Cost Controls
• ePCSR owns P&L
• Variance analysis job ledger and cost centers review
• AP Oversight. All project vendors
• AR oversight and management Invoicing AR aging WHT DSO
• Oversight of employee expenses reimbursement process
• WBS management. Lead in creating updating and continuous review
• Interface between project and project accounting including supporting for corporate reports.
• Standard Costing: multipliers
• BOC1540 reports VOWDMonthly Cost Report
• Corporate report such as SOX
• Cost control procedures to ensure accurate reporting of actual cost expenditures and estimates at completion
• Timesheets oversight and management (UAE & Iraq) requesting for add/remove of roles creating and maintaining timesheets approval batches
• Focal point for KBR finance internal audits
• Support client audits
• Review and track validity of project contractual documents such as work orders agency contracts ICAs etc.

Compliance/Finance/Operation Support Role

• Oversight of project CMC and Pcards for both UAE & Iraq.
• Oversight of cost and finance processes and procedures at sight. Petty cash Business advances Per Diems etc.
• Financial assessments and evaluation during tendering process
• Management and oversight of work permits application process. New applications cancellations of demobilized staff etc.
• Leading projects social security registration process with DRSS
• Weekly reporting of Iraq portfolio WHT status
• Compliance management and oversight of waivers project vendors contracts such as ISI business courtesies etc.
• Review & preparation of quarterly KPIs in line with contract
• Development of project cost & project finance specific procedures such as travel procedure advance procedure
• Supervise train and support cost control and project finance teams
• Department audit in Iraq business services team (project finance)
• Attend ad hoc requests from BOC

Required Experience

Unclear Seniority