Lead/Senior Cost Controller

hanwha ocean epu; Singapore; On-site; SGD 150,000 - 210,000; Full time

Job summary

Hanwha Ocean EPU is seeking an experienced Cost Controls Leader to organize and govern cost control rules and reporting for major offshore projects. You will coordinate with global teams and ensure alignment with HO standards, driving budget accuracy and forecast integrity.

The role requires 10–15+ years in oil & gas cost control, with strong leadership and Excel-based tooling. Excellent communication with stakeholders is essential to manage reports and deliverables across projects.

Qualifications

• Bachelor's degree minimum; Master’s degree adds advantage.
• 10–15+ years in oil and gas Cost Controls with leadership.
• Extensive offshore project experience; FPSO/FSO/FLNG preferred.
• Proficiency in MS Excel and cost-control tools.

Responsibilities

• Leads the organization of cost control rules and procedures for initiatives and project consolidation.
• Manages cost reporting (budget, actuals, forecast) for projects and analyzes results.
• Coordinates with Cost Control teams in central and regional offices; supports budget estimates for new initiatives.
• Ensures setup of Project Cost Control for Execution Excellence initiatives per HO standards.

Skills

Leadership

Communication

Time management

Problem solving

Team collaboration

Education

Bachelor’s Degree in a relevant field

Master’s Degree

Tools

MS Excel

Job description

Location:
Singapore, SG
Requisition ID: 1393
At Hanwha Ocean EPU, we empower our people to engineer the future of sustainable energy through meaningful work on cutting-edge offshore, onshore, and global infrastructure projects that create lasting impact for industries and communities worldwide.
As we evolve into a comprehensive EPCI(O) solutions provider, our expanding portfolio now spans FPSO, FLNG, floating production units, renewables, onshore power generation, and future centric infrastructure projects. Our globally connected teams collaborate across regions and disciplines to solve complex engineering challenges and deliver world-class end-to-end solutions.
Explore opportunities to be part of our dynamic team at the Energy Plant Unit and contribute to groundbreaking projects that redefine the onshore and offshore industry. #OneEPU

Resposibilities

• Leads the organization of cost control rules and procedures specific to initiatives, ensuring overall project consolidation (cost management procedures, booking structure, and rules).
• Manages cost reporting (budget, actuals, forecast) for projects and analyzing the results.
• Coordinates with the Cost Control team in central and regional offices, and providing support for budget estimation for new initiatives.
• Ensures the setup of Project Cost Control for Project Execution Excellence initiatives, aligning with Head Office (HO) Internal standards and project/contractual requirements.
• Coordinates the cost control efforts for all projects, including studies, bids and proposal, pre-FEEDs, EPCI projects.
• Works with each discipline leads to obtains and update cost reports showing cost impacts to budgets and forecasts.
• Gathers project manhours and equivalent manpower histograms and report actual against planned and forecasts.
• Works closely with finance and accounting ensuring all costs and expenditures are appropriately reported in the cost report.
• Supports the change management process ensuring changes and variations are reported in the cost report.
• Supports Project Controls Manager in the development and reporting of business units / department budgets.
• Reviews cost reports from vendors and subcontractors and update and report cost impacts to project budgets and forecasts.
• Works with Procurement / Supply Chain in reporting of purchasing budgets and commitments and cost changes on equipment packages.
• Responsible for the development of CTR’s in support of projects and bid proposals.
• Works closely with estimating and commercial to gather cost estimates for translation into pricing templates.
• Works closely with Risk Manager to understand risk threats, opportunities, and its cost consequences and confirm validity of project build-up of contingencies.
• Works closely with project managers, discipline leads to prepare and update weekly, bi-weekly, monthly, quarterly, yearly project status/progress reports.
• Supports Project Controls Manager, Risk Manager, Estimating Manager in the development of OBU specifications, policies, and procedures.
• Performs other duties as requested by Management

Requirements

• Technical/Tertiary education at Bachelor’s Degree level; Master’s Degree is added advantage.
• Minimum 10 to 15+ years of experience in the oil and gas industry within the Cost Controls function, with a proven track record in leadership roles.
• Extensive experience in major offshore project execution, demonstrating expertise in overseeing and managing project cost control functions.
• Strong background in the FPSO/FSO/FLNG sector is highly desirable.
• Experience in Cost Control management for EPCI projects, including work at the yard, ensuring cost efficiency throughout the project lifecycle.
• Advanced proficiency in MS Excel and other common computer applications, with the ability to develop and manage complex cost control tools and reports.
• Exceptional communication skills, both verbal and written, with proficiency in English for report writing, presentations, and effective diplomacy and assertiveness when interacting with stakeholders.
• Proven ability to independently prioritize and manage multiple tasks in a fast-paced environment, while maintaining attention to detail and meeting deadlines.
• Strong proactive approach to problem-solving, with the ability to work collaboratively with all team members, departments, and clients to achieve successful project outcomes.