Cost Controller

Offshore Frontier Solutions; Kuala Lumpur; On-site; MYR 60,000 - 100,000; Full time

Job summary

OFS Malaysia, a subsidiary of Offshore Frontier Solutions, invites applications for a Cost Controller to monitor and forecast costs on small projects, report variances, and support budget adherence.

The role requires a bachelor’s in Engineering, Accounting or Business Management and 1–3 years’ cost control experience; proficiency in MS Office and familiarity with project cost processes will help you succeed.

Qualifications

• Bachelor in Engineering, Accounting or Business Management.
• 1–3 years of progressive experience in project cost control/management.
• Familiarity with FPSO projects and MS Office proficiency.

Responsibilities

• WBS assignment and cost coding to ensure proper expenditure recording.
• Monitor actual expenditure for the assigned project phase.
• Forecast costs, analyze variances between budget and forecast.
• Verify and check invoices and claims from suppliers, vendors, and sub-contractors.
• Review work orders and purchase orders to ensure costs align with budget.

Skills

Cost control

Forecasting

WBS coding

MS Office

Education

Bachelor in Engineering, Accounting or Business Management

Tools

MS Office

Cost control software

Job description

Jora Malaysia will close on 9th September 2026. Thank you for being with us, we are cheering you on as you continue your career journey.

OFS Malaysia is a subsidiary of Offshore Frontier Solutions Pte. Ltd. (OFS), a MODEC Group company in Malaysia. Being part of Modec means being the protagonist of a challenging career and being in touch with the latest deep-water production systems, knowing that your career begins in Malaysia, but your talent can take you anywhere in the world.

Cost Controller

We are currently looking for talented individuals to join us for below role

We are currently based at KL Eco City, Malaysia.

Job Summary

Under general guidance, to track, monitor, analyze and forecast the cost of assigned small project or phases of a project and report the variances between the forecast and budget for further appropriate actions to prevent budget overrun. This includes coordinating with several stakeholders to prepare the cost reports accurately and timely.

Job Responsibilities

• WBS Assignment:

Assigns appropriate WBS codes for all project related expenditures to ensure all expenditures are properly recorded.

• Monitoring of expenditure:

Tracks and monitors actual expenditure of the assigned small project or phase of a project.

• Cost Forecasting:

Forecasts the cost, analyzes and reports the variance between the budget and forecast.

• Invoice and Claims Management:

Verifies and checks Invoices and claims from the supplier, vendor & sub-contractor.

• Work & Purchase Order Review:

Reviews work orders & purchase orders to ensure that the cost is in line with the project budget & is captured under appropriate WBS codes.

• Cost Reporting:

Assists in preparation of cost reports.

• Monitoring of order register:

Updates and maintains variation/change order register.

• Cost Data Validation:

Ensures correct recording of data in cost control software & checks periodically for abnormalities if any.

Qualifications

• Bachelor in Engineering, Accounting or Business Management
• 1 to 3 years of progressive experience in project cost control/management.

Competencies

Technical

• Familiar with FPSO projects including some technical knowledge.
• Basic understanding of project management process.
• PC Skills with proficiency in MS Office.
• Due to different project locations, Job holder needs to keep up with different languages to ensure clear understanding of issues and time differences.