Cost Controller

-; Dubai; On-site; AED 150,000 - 250,000; Full time

Job summary

A leading subsea engineering company in Dubai is seeking an experienced Cost Controller to oversee project cost control activities, ensuring accurate forecasting, budgeting, and reporting for complex subsea projects. The ideal candidate should have a Bachelor's degree in Engineering or Science and at least 3 years of experience in cost control within the Oil & Gas industry. Fluency in English and proficiency with ERP systems like SAP are essential. Join a diverse team where commitment to inclusion fosters creativity and innovation.

Qualifications

• 3+ years of cost control experience in the Oil & Gas industry.
• Minimum 3 years of cost control experience in engineering and construction environment.
• Must be fluent in the English language and be an effective communicator.

Responsibilities

• Oversee project cost control activities for subsea projects.
• Prepare monthly cost models and project status reports.
• Monitor and analyze project costs against budgets.

Skills

Cost control expertise

Communication skills

Analytical skills

Education

Bachelor's Degree in Engineering or Science

Tools

SAP

ERP System

Job description

We are seeking an experienced Cost Controller to join our team in Dubai. In this role, you will be responsible for overseeing project cost control activities, ensuring accurate forecasting, budgeting, and reporting for complex subsea projects.

What will you be doing?

• Liaise with Commercial Department to take over the bid documentation to set up Work Breakdown Structure (WBS) and Net Work Activities (NWA) in SAP and establish project as sold budget for internal management report.
• As per contract's requirement, set up the external cost report to Client and Government.
• Monitors and updates the actual and committed cost periodically and analyses these costs.
• Verify cost allocations according to NWA to Project Management Team and Supply Chain Management.
• Prepare monthly Cost Model and Project Monthly Status Report (PMSR), and Client's Reports if required.
• Monitor and identify variance from project as sold budget and report accordingly.
• Maintain Change Order, Budget Shift & Trends Register and prepare the support documents.
• Assist and Support PM and Contract Administrator to do the estimation of CO to Client.
• Prepare billing memo with supporting documents to Finance for official invoice.
• Internal liaison with Finance/Procurement/Operations/ Asset to maintain efficient & accurate recording of cost expenditure and manage discrepancies for preparation of accurate and complete cost reports.
• Troubleshoot cost abnormalities in reporting data and liaise with relevant parties as necessary.
• Provide the support to Finance for External Audit and Tax Audit.
• Support Project Controls Manager on risk process and report.
• Prepare project and Management ad hoc reports.
• Involving SAP system improvement and regional reports if there is any.

What experience would we like you to have?

• Bachelor's Degree in Engineering or Science.
• 3+ years of cost control experience in the Oil & Gas industry.
• Minimum 3 year of cost control experience in engineering and construction environment.
• Must be fluent in the English language and be an effective communicator.
• Experience in ERP System, SAP is preferred.

AUTHORITY/DIMENSIONS:

• Operate within the Business Code of Conduct.
• Operate according to Subsea 7's Management Principles.

An environment where you can thrive

We recognise that having a diverse team makes us a better, smarter team. Diversity is something we value and regard it as key to our success. We encourage new ways of thinking and celebrate our wide range of skills that help us continually challenge the status quo and inspire innovation. An inclusive and diverse environment fosters creativity, improves decision-making and introduces new ways of thinking. Our people are at the heart of what we do at Subsea7 and we are committed to creating an environment where everyone can thrive. Fair employment practices, fair treatment for all individuals and equal opportunity on the basis of merit are the foundation of how we work and develop together.

What happens next?

If you would like to apply for this role, simply click the Apply button found on this page. You may be prompted to set up a profile with us. It's quick and easy to do. Or, if you have already created a profile with us, simply log in and submit your application.

Here are 3 top tips to help you submit a successful application:
- Make sure your CV is up-to-date and highlights the transferable skills and experience you can bring to this role.
- We would encourage you to include a cover letter as part of your application. It's your chance to tell us why you would be a brilliant addition to our team.
- Take your time with your application and check there are no errors before final submission.

Once you have submitted your application, we will be in touch as soon as possible with next steps.

To find out more about Subsea7 visit our website here

Apply now »