Lead Cost Controller

KinTec Recruitment Ltd; Muscat; On-site; OMR 80,000 - 120,000; Full time

Job summary

An established industry player is looking for a Lead Cost Controller to manage project costs for a major LNG hub in Muscat. This role involves overseeing cost control activities, preparing budgets, and ensuring timely payments while collaborating with various stakeholders. The ideal candidate will have over 15 years of experience in project cost control, particularly in the oil and gas sector. This position offers a unique opportunity to contribute to Oman's energy transition goals while working in a dynamic and fast-evolving environment. If you are a strategic thinker with strong leadership skills, this is the perfect role for you.

Qualifications

• 15+ years of experience in project cost control, ideally in oil & gas.
• Strong understanding of cost breakdown structures and financial reporting.

Responsibilities

• Oversee all cost control activities during project execution.
• Prepare monthly cost reports and provide recommendations for corrective actions.

Skills

Cost Control Management

Budget Preparation

Cost Reporting

Invoicing & Payments

Stakeholder Liaison

Process Improvement

Education

Degree in Accounting

Degree in Engineering

Tools

SAP

Excel

PowerPoint

Job description

Lead Cost Controller - Permanent - Muscat, Oman

We are seeking an experienced Lead Cost Controller to join the project control team in Muscat, Oman. This is a strategic project that will develop a regional hub for LNG bunkering services, supporting Oman's energy transition goals.

This is an exciting opportunity to play a key role in managing project costs and ensuring the project is delivered on time and within budget. You will work closely with various stakeholders, including internal teams, contractors, and external partners, to provide accurate cost reporting and ensure adherence to financial processes.

Key Responsibilities:

• Cost Control Management: Oversee and manage all cost control activities during the execution phase of the project.
• Budget Preparation & Forecasting: Coordinate the detailed preparation and updates of the project budget (both internal and external) with inputs from project team members.
• Cost Reporting & Analysis: Prepare monthly cost reports, identify cost trends, variances, and provide recommendations for corrective actions.
• Invoicing & Payments: Verify contractor invoices, assist with the RFS process, and ensure accurate cash flow forecasting and timely payments.
• Commitment & Cost Tracking: Monitor project commitments and expenditures, ensuring all cost control documentation is filed according to company procedures.
• Cost Procedures Development: Contribute to the development and maintenance of comprehensive cost control procedures, ensuring consistency across the project.
• Stakeholder Liaison: Work closely with TEP Oman Finance Department for all matters related to commitments, payments, and accruals.
• Reporting & Presentations: Prepare and present cost-related reports for internal teams, project partners, and Omani authorities.
• Process Improvement: Provide recommendations for continuous improvement in cost control methodologies and project management processes.

Candidate Requirements:

Education:

• Degree in Accounting, Engineering, or a related discipline.

Experience:

• Minimum of 15+ years of professional experience, with 10+ years in project cost control, ideally within oil & gas, LNG, or energy projects.
• Proven experience in managing cost control activities on large-scale projects (construction, fabrication, or yards preferred).
• Strong understanding of cost breakdown structures, budgeting, invoicing, and financial reporting.

Technical Skills:

• High proficiency with SAP, Excel, PowerPoint, and project management systems.
• Solid knowledge of project execution and handover requirements.

Languages:

• Fluent in English and French (mandatory).

Attributes:

• Strong leadership and communication skills.
• Ability to work independently and as part of a cross-functional team.
• Excellent problem-solving and analytical capabilities.

This is an excellent opportunity to contribute to a major LNG project in a fast-evolving industry, where you can apply your expertise in cost control while contributing to Oman's energy transition efforts.