Cost controller Lead

Superiority of Modern Services LLC(SOMS); Muscat; On-site; OMR 40,000 - 80,000; Full time

Job summary

An established industry player is seeking an experienced Cost Control Manager to oversee project budgets and cost control systems. In this pivotal role, you will utilize your extensive background in project cost management, particularly within the oil and gas sector, to ensure financial integrity and efficiency. Your expertise in SAP systems will be invaluable as you prepare detailed cost reports, analyze trends, and collaborate with project teams to establish effective budgeting practices. Join a dynamic team committed to excellence in project management and contribute to the success of impactful projects.

Qualifications

• 10+ years experience in project cost control systems, preferably in oil/gas.
• Degree qualified in Accounting or Engineering.

Responsibilities

• Prepare cost control reports and assist in cost trends analysis.
• Monitor and assess commitments, variations, and the value of work done.
• Coordinate budget preparation with project team members.

Skills

Project Cost Control Management

SAP Systems

Budget Preparation

Cost Trends Analysis

Education

Degree in Accounting

Degree in Engineering

Tools

SAP

Job description

Experience in a similar position (years): +10 years' experience with Projects Cost Control Systems (preferably in Oil/Gas Industry).

Degree qualified in Accounting, Engineering, or similar.

High level of understanding of SAP systems.

1. Extensive experience in project cost control management.
2. Participate in the Project Budget preparation.
3. Coordinate the detailed preparation and issues of various budgets (internal & external) with input from the project team members.
4. Prepare the Cost Control reports.
5. Assist in cost trends analysis.
6. Monitor and assess commitments, variations, and the value of work done.
7. Participate in monitoring and controlling project expenditures.
8. Control and input commitments data; allocate commitments to budgets.
9. Verify invoices and cash calls from contractors and vendors.
10. Prepare cash flow estimates and final forecast costs.
11. File the cost control documents according to the document filing system.
12. Ensure full process administration (open, register, analyze, control, report, close).
13. Estimate changes.
14. Develop a Work Breakdown Structure and Cost Breakdown Structure.
15. Establish comprehensive cost control procedures.
16. Provide cost support and guidance to the project team.
17. Perform as a focal point for costing work.
18. Establish and maintain appropriate costing philosophy and methodology.
19. Implement an efficient invoicing process between different project locations.
20. Monitor invoices in liaison with the accounting department to enable timely payments.

Employment Type: Full Time

Company Industry: Accounting & Auditing

Department / Functional Area:

• Accounts
• Taxation
• Audit
• Company Secretary

Keywords: Cost Control Manager

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Superiority of Modern Services LLC (SOMS)