Cost Controller

Elsa Talent Solutions Sdn. Bhd.; Malaysia; On-site; MYR 78,000 - 134,000; Full time

Job summary

Elsa Talent Solutions Sdn. Bhd. seeks a Cost Controller for on-site role in Kerteh, Terengganu.

The position focuses on monitoring project costs, preparing forecasts, and ensuring alignment with approved budgets and targets. You will track expenditures and provide cost analyses to support project management decisions. The successful candidate will have a bachelor’s degree in finance/accounting or related field and proven experience in cost control, budgeting, forecasting, and variance analysis.

Qualifications

• Bachelor's degree in Finance, Accounting, Business, Engineering, or related field.
• Experience in cost control, project controls, financial reporting or related.
• Strong budgeting, forecasting, and variance analysis skills.
• Proficient with MS Excel and cost management systems.

Responsibilities

• Monitor and control project costs to align with budgets and targets.
• Prepare cost reports, forecasts, and analyses for decision-making.
• Track expenditures, commitments, and actual costs in systems.
• Perform cost analyses and identify variances and risks.
• Support budgeting, forecasting, and financial planning activities.
• Prepare cost-related reports and updates for stakeholders.
• Review invoices and cost transactions for accuracy and allocation.
• Support cost optimisation initiatives and corrective actions.
• Maintain accurate cost records and ensure compliance with procedures.
• Coordinate with internal teams on cost-related matters.

Skills

Cost control

Budgeting

Forecasting

Variance analysis

MS Excel

English communication

Education

Bachelor's Degree in Finance/Accounting/Business/Engineering

Tools

SAP / SAP ECC6

SMART GEP

PMP SAP system

Job description

Position : Cost Controller

Industry : Oil & Gas

Location : Kerteh, Terengganu

Employment : Contact (Renewable Annually)

Job Description:

• Monitor and control project costs to ensure alignment with approved budgets and financial targets.
• Prepare cost reports, forecasts, and analysis to support project management decision-making.
• Track project expenditures, commitments, and actual costs within relevant systems.
• Perform cost analysis and identify any budget variances, risks, or potential cost issues.
• Support budgeting, forecasting, and financial planning activities.
• Prepare cost-related reports, presentations, and updates for stakeholders.
• Review purchase requests, invoices, and cost transactions to ensure accuracy and proper allocation.
• Support project teams in cost optimisation initiatives and corrective actions.
• Maintain accurate cost records and ensure compliance with company procedures and reporting requirements.
• Coordinate with internal teams and stakeholders on cost-related matters.

Qualification/Skills:

• Bachelor's Degree in Finance, Accounting, Business, Engineering, or a related field.
• Experience in cost control, project controls, financial reporting, or a related field.
• Good understanding of budgeting, cost monitoring, forecasting, and variance analysis.
• Proficient in Microsoft Office applications, especially Microsoft Excel.
• Experience using cost management, procurement, or enterprise systems such as:
  • SAP / SAP ECC6
  • SMART GEP
  • PMP SAP system
• Strong analytical skills with good attention to detail.
• Good communication and stakeholder management skills.
• Ability to work independently and manage multiple priorities.
• Good command of English, both written and spoken.

Note: Only those applicants who meet the above criteria will be contacted as part of shortlisting process