Project Cost Control and Budgeting Manager - Mining

Petrosea; Jakarta Pusat; On-site; IDR 350,000,000 - 550,000,000; Full time

Job summary

Petrosea is seeking a Project Cost Control and Budgeting Manager - Mining to lead OPEX and CAPEX budgeting for mining operations, baselining forecasts, and cost optimization to align with production plans and business goals.

You will oversee cost modelling, tender pricing, and financial discipline, directing a team to ensure accurate cost control, reporting quality, and continuous improvement across operations.

Qualifications

• Minimum 10 years of experience in mining, heavy equipment or related industries.
• Deep understanding of mining operational cost structure.
• Advance knowledge of ERP systems (SAP preferred), Excel and Power BI.

Responsibilities

• Lead the development of annual OPEX and CAPEX budgets for mining operations.
• Oversee budget utilization and expenditure control against approved budgets and forecasts.
• Direct preparation of periodic forecasts, cost projections, and scenario analyses.
• Oversee cost estimation, financial modelling, and pricing validation for tenders and bids.
• Lead cost optimization initiatives and strengthen financial discipline.
• Lead and coordinate the cost control and budgeting team.

Skills

Mining experience

Cost control

ERP SAP

Excel

Power BI

Analytical

Education

Mining Engineering

Industrial Engineering

Accounting

Finance/Economics

Tools

SAP

Job description

Project Cost Control and Budgeting Manager - Mining

Job Summary

Lead the planning, monitoring, and control of OPEX and CAPEX budgets for mining operations to ensure effective cost management and alignment with production plans and business objectives. Oversee cost forecasting, expenditure analysis, and cost estimation for tenders and bids, providing reliable financial insights to support decision-making. Drive cost optimization, budget compliance, and financial discipline to enhance operational efficiency and achieve production targets at optimal cost.

Job Responsibilities

• Lead the development of annual OPEX and CAPEX budgets for mining operations by consolidating cross-functional inputs and aligning budget assumptions with production plans, operational requirements, and business objectives.
• Oversee budget utilization and expenditure control against approved budgets and forecasts, including the review of actual costs, commitments, and variances, and coordinate corrective actions with relevant stakeholders.
• Direct the preparation of periodic forecasts, cost projections, and scenario analyses by evaluating production volumes, fuel prices, equipment performance, and other key cost drivers to support financial planning and decision-making.
• Oversee cost estimation, financial modelling, and pricing validation for mining tenders and bids to ensure cost assumptions are reliable and proposed pricing aligns with business objectives, target margins, and identified commercial risks.
• Lead cost optimization initiatives and strengthen financial discipline through expenditure reviews, internal controls, compliance with company policies, and monitoring of savings initiatives across mining operations.
• Lead, develop, and coordinate the cost control and budgeting team to ensure effective resource allocation, analytical capability, reporting quality, and continuous improvement in cost management processes.

Education

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

Skill, Knowledge, and Experience

• Minimum 10 years of experience in mining, heavy equipment or related industries.
• Deepunderstanding of mining operational cost structure
• Advance knowledge and skill in ERP systems (SAP preferred), advanced Excel and Power BI.
• Strong analytical, problem solving and business acumen.