Senior Budget and Cost Estimation Specialist

PetroSea; Jakarta Pusat; On-site; IDR 500,000,000 - 800,000,000; Full time

Job summary

PetroSea in Jakarta is seeking a Senior Budget and Cost Estimation Specialist. You will monitor budget performance, forecast project costs, and present comprehensive financial reports to senior management, driving forecasting accuracy and financial discipline.

Responsibility includes facilitating budget reviews with stakeholders, identifying financial risks, and implementing mitigation plans. You will also maintain SHE programs to ISO/SMK3 standards as part of project governance.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Admin, or related field.
• Strong budgeting and forecasting experience.
• Experience with SAP, Oracle, or Hyperion ERP.
• Advanced Excel and data visualization skills.
• Knowledge of cost accounting and project finance.
• Familiarity with energy and infrastructure finance.

Responsibilities

• Monitor budget performance and recommend adjustments to meet financial objectives.
• Facilitate budget review meetings with stakeholders.
• Forecast project costs and resource needs; adjust budgets as needed.
• Prepare and present detailed financial reports to senior management.
• Identify financial risks and develop mitigation strategies.
• Maintain SHE programs and ensure ISO/SMK3 compliance.

Skills

Financial modeling

ERP systems

Excel

Power BI

Cost accounting

Project finance

Energy sector knowledge

Education

Bachelor's degree

Job description

Senior Budget and Cost Estimation Specialist

Job Summary

This position is responsible monitoring budget performance, facilitating budget review meetings, forecasting project costs, preparing detailed financial reports, identifying potential risks, and developing mitigation strategies.

Job Responsibilities

Key

Metric

Monitor budget performance and recommend adjustments to meet financial objectives.

Monitoring budget performance and suggesting

Facilitate budget review meetings with stakeholders to ensure transparency and alignment on financial objectives.

Organizing budget review meetings with stakeholders.

Conduct regular forecasting of project costs and resource needs, adjusting budgets based on changing project dynamics.

Tracking and analyzing tire performance data

Prepare and present detailed financial reports to senior management and other stakeholders.

Creating and presenting comprehensive financial reports

Identify potential financial risks associated with projects and develop mitigation strategies

Maintain and actively implement SHE programs and responsibility (involve identify, mitigate and monitor SHE risk), including SHE Management System to ensure the effectiveness of the programs conform to official standard, requirements and procedure applied and to confirm the execution of the SHE Responsibility meet the intended outcome

• SHE risk well maintained.
• Target Zero LTI.
• SHE Management System meets the current ISO 14001, ISO 45001, SMK3 and SMKP standards and requirements

Education

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

Skill, Knowledge, and Experience

• Strong understanding of financial modeling, budgeting, and forecasting techniques.
• Proficiency in financial planning tools and ERP systems (e.g., SAP, Oracle, or Hyperion).
• Advanced Microsoft Excel and data visualization skills (e.g., Power BI, Tableau).
• Knowledge of cost accounting and project finance principles.
• Familiarity with energy and infrastructure industry financial practices.