Cost Controller - Geothermal Drilling Project

Abacus; The Woodlands (TX); On-site; USD 90,000 - 120,000; Full time

Job summary

Abacus in The Woodlands, TX seeks a Cost Control Specialist for a 6-month geothermal drilling project. You will monitor expenditures, prepare forecasts, and maintain earned value reporting to keep the project on budget.

Requires a Bachelor's degree and 5 years in cost control or project controls in energy or infrastructure, plus strong analytical, communication, and Excel skills; knowledge of drilling operations is preferred.

Qualifications

• Bachelor's degree in Finance, Accounting, Engineering, Business, or related field.
• 5 years of cost control/project controls experience in drilling, oil & gas, geothermal, mining, or major infrastructure projects.
• Experience supporting project management functions, scheduling, and progress reporting.
• Proficiency in Earned Value Management (EVM) reporting, project scheduling tools, cost management systems, and Microsoft Excel.
• Strong analytical, reporting, communication, and stakeholder management skills.
• Knowledge of drilling operations and project controls is required.

Responsibilities

• Monitor and control project expenditures against approved budgets.
• Prepare cost reports, forecasts, cash flow projections, and earned value metrics.
• Track drilling, equipment, contractor, and material costs.
• Analyze budget and schedule variances and provide recommendations for cost optimization.
• Support project planning, scheduling, and progress measurement activities.
• Develop and maintain Earned Value Management (EVM) reporting and project performance analysis.
• Coordinate with project managers to integrate cost and schedule information for management reporting.
• Support change management and evaluate cost impacts of scope changes.
• Coordinate with procurement and finance teams to ensure accurate cost allocation and reporting.
• Maintain cost control systems and project financial records.

Skills

Cost control

Project controls

Earned Value Management (EVM)

Project scheduling tools

Cost management systems

Excel

Education

Bachelor's degree

Tools

Scheduling software

Cost management software

EVM reporting tools

Job description

Exciting Opportunity in The Woodlands, TX

Join our dynamic team and play a crucial role in controlling and optimizing costs for a cutting-edge geothermal drilling project. This is a 6-month assignment located in The Woodlands, TX, offering you the chance to work closely with industry experts and make a significant impact on project success.

Key Responsibilities

• Monitor and control project expenditures against approved budgets.
• Prepare cost reports, forecasts, cash flow projections, and earned value metrics.
• Track drilling, equipment, contractor, and material costs.
• Analyze budget and schedule variances and provide recommendations for cost optimization.
• Support project planning, scheduling, and progress measurement activities.
• Develop and maintain Earned Value Management (EVM) reporting and project performance analysis.
• Coordinate with project managers to integrate cost and schedule information for management reporting.
• Support change management and evaluate cost impacts of scope changes.
• Coordinate with procurement and finance teams to ensure accurate cost allocation and reporting.
• Maintain cost control systems and project financial records.

Requirements

• Bachelor's degree in Finance, Accounting, Engineering, Business, or related field.
• 5 years of cost control and project controls experience in drilling, oil & gas, geothermal, mining, or major infrastructure projects.
• Experience supporting project management functions, scheduling, and progress reporting.
• Proficiency in Earned Value Management (EVM) reporting, project scheduling tools, cost management systems, and Microsoft Excel.
• Strong analytical, reporting, communication, and stakeholder management skills.
• Knowledge of drilling operations and project controls is required.

Preferences

• Previous experience in geothermal projects is a plus.
• Advanced skills in data analysis and financial modeling.

Subject Line: Cost Control Specialist Needed for Geothermal Project