Cost Controller III

TechnipFMC plc; Kuala Lumpur; On-site; MYR 96,000 - 156,000; Full time

Job summary

TechnipFMC plc is seeking an experienced Cost Controller to manage project costs and revenues in Kuala Lumpur, Malaysia. The ideal candidate will hold a Master's degree in Finance or Engineering with over 8 years of experience, particularly in the oil and gas industry. Responsibilities include budgeting, forecasting, and reporting, with an emphasis on collaboration and risk analysis within a diverse environment.

Qualifications

• Master's in Finance, Business, or Engineering and/or relevant qualification.
• Experience in the oil and gas industry, with 8+ years in Cost Control.
• Familiarity with ERP systems and large company environments.

Responsibilities

• Manage and report all project costs and revenues.
• Prepare monthly Project Cost and Management Reports.
• Update forecasts and cash flow forecasts based on project inputs.

Skills

Collaboration

Strong communication

Adaptability

Deadline management

Risk analysis

Education

Master's in Finance

Engineering degree

Tools

ERP systems

Job description

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TechnipFMC is committed to driving real change in the energy industry. Our ambition is to build a sustainable future through relentless innovation and global collaboration. We value curiosity, expertise, diversity, inclusion, and authenticity. Join our team of over 20,000 people worldwide for a rewarding and varied career that can take you anywhere.

Job Purpose

The Cost Controller manages and reports all costs and revenues of their assigned project.

Job Description

Main Accountabilities during contract execution

• Establish initial project budget/forecast based on the handover bid from the Sales Department.
• Update forecasts based on inputs from project management and team members.
• Prepare monthly Project Cost and Management Reports.
• Manage monthly invoices to clients and follow-up on reimbursable items.
• Evaluate the economic impact of scope changes or variations.
• Perform economic analyses, forecasts, and deviation reports.
• Update cash flow forecasts.
• Support the identification of threats, opportunities, and mitigation plans.
• Increase awareness of the Cost Control function across departments.
• Review commitments.

Assist procurement with invoices from subcontractors and suppliers.

Develop reporting requirements for cost control, including:

• Manpower, vessel/construction/manufacturing/procurement forecasting.
• Budget transfers and variation order registers.
• Budget variance analysis.
• Cost sensitivity analysis.
• Cash flow reporting.

Additional Information

Performance skills include collaboration, adaptability, strong communication, deadline management, IFRS and standards knowledge, and risk analysis.

Candidate Profile

Master's in Finance, Business, or Engineering and/or relevant qualification. Experience in the oil and gas industry, with 8+ years in Cost Control, preferably with large companies and ERP systems.

Skills and Diversity

TechnipFMC promotes diversity, equity, and inclusion. We value every individual's unique contributions and adhere to human rights principles.

Learn more about TechnipFMC and explore other positions on our Career Page.

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