Cost Control and Budget Manager

PetroSea; Jakarta Pusat; On-site; IDR 1,000,000,000 - 1,800,000,000; Full time

Job summary

PetroSea is seeking a strategic Cost Controller for mining operations to forecast and manage operating and capital budgets. You will monitor cost performance, develop forecasts and scenario analyses, and drive cost efficiency to meet production targets at optimum cost.

The role requires at least 10 years in mining or related industries, strong understanding of cost structure, budgeting and ERP systems (SAP), with advanced Excel and Power BI skills.

Qualifications

• Bachelor's degree in Mining Engineering, Industrial Engineering, Accounting, Finance or Economics.
• Master's Degree or MBA is an advantage.
• Minimum 10 years of experience in mining, heavy equipment or related industries.
• ERP systems (SAP preferred), advanced Excel and Power BI.

Responsibilities

• Lead annual OPEX and CAPEX budgeting for mining operations.
• Monitor and control expenditure against approved budgets and forecasts.
• Develop periodic forecasts, cost projections and scenario analyses.
• Analyse cost performance and unit costs and provide management with dashboards.
• Support tenders and bids through cost estimation, modelling and pricing validation.
• Drive cost efficiency and financial discipline through savings initiatives and internal controls.

Skills

Budgeting

Forecasting

Financial modelling

Cost accounting

ERP systems (SAP)

Excel

Power BI

Analytical thinking

Education

Bachelor's degree in Mining Engineering, Industrial Engineering, Accounting, Finance or Economics

Master's Degree or MBA (advantage)

Tools

SAP ERP

Excel

Power BI

Job description

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.