Senior Cost Controls Specialist

McDermott International, Ltd

Sabine Pass (TX)

On-site

USD 80,000 - 100,000

Full time

14 days+

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Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

Paid paternity leave

Tuition assistance

Disability insurance

Job summary

A leading oil and gas firm located in Sabine Pass, Texas, is looking for a Senior Cost Controls Specialist to manage the costing discipline and improve product or service delivery. The role involves understanding project workflows, setting up project control systems, and mentoring junior staff. Candidates should have a bachelor's degree or equivalent experience along with strong problem-solving skills. This position is full-time with competitive benefits.

Qualifications

7-10 years of experience in a similar role.
Ability to understand project scope and its relationship to cost.
Demonstrated effectiveness in prioritizing multiple tasks and managing efforts.

Responsibilities

Understand constructability concepts and workflow processes.
Set up and implement project controls systems.
Analyze and interpret cost forecasting and trending.

Skills

Problem-solving attitude

Coordination skills

Knowledge of MS Office

Education

Bachelor’s degree in Business, Finance, Engineering, or related fields

Tools

JD Edwards

Job description

2 days ago Be among the first 25 applicants

Direct message the job poster from McDermott International, Ltd

The Senior Cost Controls Specialist uses best practices and knowledge of internal or external issues to improve the costing discipline within McDermott. They will act as a resource for colleagues with less experience and share their conceptual and practical expertise related to the cost discipline. The Senior Cost Controls Specialist solves complex problems and uses their discipline-specific knowledge to improve their products or services. The Senior Cost Controls Specialist impacts a range of customer, operational, project, or service activities.

Responsibilities

Understands constructability concepts, workflow processes (the how it’s built) & related interdependencies between Engineering, Procurement, Fabrication, and Construction
Able to understand and apply contractual requirements and implementation on the project via the project controls execution plan
Set up and implement project controls systems
Set up and maintain project controls reports
Adheres to McDermott's internal project controls processes
Analyze and interpret cost forecasting and trending
Recommend solutions or recovery plans for problem areas
Prepare Project Forecast monthly
Assist finance in preparation of the project cash flows and cost spread
Participate in proposal development, commercial alignment, and project kickoff processes
Train junior personnel in all aspects of cost reporting
Monitor variations from the scope of work, capture, maintain, and assess related impacts
Set up and maintain the progress measurement system
Lead change management efforts, including building of cost estimates and applying or managing amendments to the contract
Implement and support the Change Management process
Support the Subcontract Management team in verification of progress and earned value against invoices received
Support determining the required monthly accruals that are processed by accounts payable
Monitor cost coding system is properly applied, and information flow is correct and complete
Analyze committed costs and activities to date, actual vs budget, performance, and productivity
Perform any other related duties as required

Qualifications

Bachelor’s degree in Business, Finance, Engineering, Construction Management, or related fields or 7-10 years of experience in a similar role
Good knowledge of MS Office
Problem-solving attitude and high level of coordination skills
Ability to understand the project scope, schedule, and its relationship to cost and progress
Demonstrated effectiveness in prioritizing multiple tasks, and managing efforts to meet deadlines
Demonstrated effectiveness in working with others in a multifunctional team
Has good working knowledge and understanding of cost, schedule, estimating, and accounting interfaces
A basic understanding of JD Edwards is a plus

Seniority level