Cost Controller

NES Fircroft; Aberdeen City; On-site; GBP 50,000 - 70,000; Full time

Job summary

An oil and gas operator is seeking a Cost Controller for a long-term contract in Aberdeen. The role involves managing cost tracking data, providing regular reporting updates, and ensuring information accuracy through collaboration within Finance and Operations. Ideal candidates should possess a degree and relevant experience, along with a strong understanding of cost management. This position offers an opportunity to contribute significantly to the budget and forecasting processes.

Qualifications

• Degree qualified and/or appropriate experience and qualifications.
• Understanding of Upstream E&P industry requirements.
• Experience of Finance systems.

Responsibilities

• Provide Cost Control support to the required function.
• Management of cost tracking data and budget forecasts.
• Engage with Operations and Finance for accurate reporting.

Skills

Strong analytical skills

Excellent interpersonal skills

Strong MS Office skills

Flexible and responsive

Education

Degree qualified

Tools

Finance systems

Job description

Our client, an oil and gas operator, are currently hiring a Cost Controller on a long-term contract in Aberdeen

Job Role: Cost Controller

Work Location: Aberdeen

Department: Finance & Business Services

Purpose of Role

Provide Cost Control support to the required function. Maintain cost tracking data, provide regular cost reporting updates and administer detailed budget/forecasts to the incumbent budget holder(s). Focal Interface between Operations and Finance functions to ensure accurate cost information and budgeting activities. Follow policies, procedures and contractual agreements.

Critical Responsibilities (MAE/MATTE/HSES)

• Ensuring that all activities are carried out in a safe manner complying with all regulatory requirements, legislation and HSES Procedures

Ethics and Compliance Responsibilities

• Ensure that all activities and behaviours are carried out in accordance with Ethics and Compliance Policies and Procedures, and to complete any compulsory compliance training as required

Areas of Accountability, Responsibility and Competence

• Delivery of accurate and timely cost information
• Drive monthly cost reviews with incumbent budget holders
• Works with budget holders to prepare business plans, Value of Work Done, and forecasts
• Tracks commitments and invoices against activities
• Support business P2P process for area as required
• Liaise with Supply Chain on invoice related issues as appropriate.
• Provision of information for cost allocations cycles as required
• Prepares variance and trend analysis as required
• Collaborates with key stakeholders including budget owners, contract owners and accountants
• Undertakes various reconciliation or deep dive exercises as required
• Provides support to master data and reporting structure requirements
• Provide ad-hoc cost analysis and management presentations as required
• ER Allowance - The postholder may be required to join the emergency response rota should this become a requirement of the position.

Critical Skills, Qualifications, Experience, etc.

• Degree qualified and/or appropriate experience and qualifications
• Understanding of Upstream E&P industry requirements
• Strong understanding of cost management including Value of Work Done and forecast to complete
• Solid understanding of contracts and procurement
• Strong analytical skills
• Experience of Finance systems
• Strong MS Office skills
• Excellent interpersonal skills and adept at interacting with individuals at all levels in the organisation
• Focus on service delivery to business and functions
• Flexible and responsive to stakeholder requirements and changing environment
• Ability to deliver high quality work by deadlines and work effectively under time pressure
• Ability to work on own initiative, proactively drive change, take responsibility and manage tasks through to completion
• Open, honest and reliable
• Awareness of HSES Policies and Business Management System (BMS)
• Awareness of Values & Behaviours