Cost Control and Budget Manager

PT Petrosea Tbk; Jakarta Pusat; On-site; IDR 900,000,000 - 1,500,000,000; Full time

Job summary

PT Petrosea Tbk seeks a Senior Cost Controller responsible for forecasting and managing the operating and capital budget of the mining operation, monitoring cost performance against plan, and driving cost efficiency to deliver production targets at the optimum cost.

The ideal candidate has 10+ years in mining or related industries, deep knowledge of cost structure and budgeting, experience with ERP (SAP), Excel and Power BI, and fluent English.

Qualifications

• Bachelor's degree in Mining Engineering, Industrial Engineering, Accounting, Finance or Economics; MBA is a plus.
• Minimum 10 years in mining or related industries.
• Strong understanding of mining cost structure.
• Budgeting, forecasting and financial modelling.
• Cost accounting, CAPEX and OPEX management.
• ERP systems (SAP preferred), advanced Excel and Power BI.
• Strong analytical, problem solving and business acumen.
• Fluent in English, spoken and written.

Responsibilities

• Lead annual OPEX and CAPEX budgeting for mining operations with cross-functional input.
• Monitor expenditure against budgets and forecasts; review commitments and variances.
• Develop forecasts and scenario analyses based on production volume and key variables.
• Analyse cost performance and unit costs; provide actionable insights and dashboards.
• Support tenders and bids through cost estimation, modelling and pricing validation.
• Drive cost efficiency and financial discipline through savings initiatives and strong team leadership.

Skills

Budgeting

Forecasting

Financial modelling

Cost accounting

CAPEX and OPEX management

ERP systems (SAP preferred)

Excel

Power BI

English fluency

Analytical thinking

Education

Mining Engineering

Industrial Engineering

Accounting

Finance

Economics

MBA

Tools

SAP

Excel

Power BI

Job description

Job Summary

Responsible for forecasting and managing the operating and capital budget of the mining operation, and for monitoring and controlling actual cost performance against plan. The role provides accurate cost estimates and validation to support tender and bid submissions, ensures spending is well controlled and compliant with company policies, and drives cost efficiency and financial discipline so that the business delivers its production targets at the optimum cost.

Job Responsibilities

• Lead annual OPEX and CAPEX budgeting for mining operations, consolidating cross-functional inputs and aligning budgets with production plans, cost drivers and business assumptions.
• Monitor and control expenditure against approved budgets and forecasts, reviewing commitments, identifying variances and driving timely corrective actions.
• Develop periodic forecasts, cost projections and scenario analyses based on production volume, fuel prices, equipment performance and other key variables.
• Analyse cost performance and unit costs (e.g., cost/tonne, cost/BCM, equipment operating costs), identify root causes and provide management with actionable insights and dashboards.
• Support tenders and bids through cost estimation, modelling and pricing validation, ensuring accuracy, competitiveness and alignment with margin and risk parameters.
• Drive cost efficiency and financial discipline through savings initiatives, policy compliance, internal controls, and effective leadership and development of the cost control and budget team.

Education

Bachelor's Degree in Mining Engineering, Industrial Engineering, Accounting, Finance or Economics. Master's Degree or MBA is an advantage.

Skill, Knowledge, and Experience

• Minimum 10 years of experience in mining, heavy equipment or related industries.
• Strong understanding of mining operational cost structure.
• Budgeting, forecasting and financial modelling.
• Cost accounting, CAPEX and OPEX management.
• ERP systems (SAP preferred), advanced Excel and Power BI.
• Strong analytical, problem solving and business acumen.
• Fluent in English, spoken and written.