Cost Controller
7 days ago
**Requisition ID**:88491
**Job Category**:Project Controls
**Location**:Abu Dhabi, United Arab Emirates, United Arab Emirates
Join a company that is passionately committed to the pursuit of a better world through positive change. With more than 65 years of business and technical expertise in mining, energy, and infrastructure, our 10,000 colleagues in 150 countries tirelessly work toward bettering the industries in which we operate. With practical solutions that are safe, innovative and sustainable, we think globally while acting locally.
Join our Project Delivery Group (PDG), a dynamic team of professionals passionately committed to world-class project delivery across the globe. With expertise in sustainable studies, asset building and operations, and industry-leading efficiencies, our best-in-class team leverages methodologies, governance and systems that are unparalleled in the engineering space. Are you looking for an opportunity to join a diverse group of professionals who are committed to remaining exceptional? We look forward to hearing from you.
Looking to take the next step in your career? Hatch is currently seeking a highly motivated** Cost Controller** to join our Project Delivery Group (PDG) in **Abu Dhabi.**
PDG helps clients reach their business goals through a range of strong technical capabilities. We ensure world-class project delivery through the skills of our people, methodologies, governance, and systems. Our engineering and project management and construction disciplines ensure safe, efficient, and sustainable delivery of projects globally across the metals and mining, infrastructure, and energy sectors.
We manage our clients’ entire project lifecycle from studies to building assets, operating the assets, and developing efficiencies. Join our team and become part of a community that strives for positive change-providing the best solutions for our clients’ toughest challenges
**Summary**
The Cost Controller develops and maintains project cost information, maintains planned and actual cost and commitment schedules. In conjunction with the Lead Cost Controller and Project Controls Manager, oversees trends and changes to the project budget and forecast cost estimates. The Cost Controller provides estimates for project and purchase order/contract funds authorization along with variation statements of actual versus budget commitments.
**Your key responsibilities will be**:
- **Safety**
- A strong personal commitment to safety
- Personal responsibility for safety incident reporting
- Behavioral-based safety ethos to be embraced
- Personal responsibility for stopping any unsafe behavior as and when it occurs, and thereafter reporting the safety incident so that corrective action may be obtained
- Familiarization with Hatch safety processes, protocols and procedures.
- **Feasibility data verification and set-up planning**
- Finalize coding of all detailed estimate line items using baselined project control budget (confirmed by Lead Cost Controller) in order to establish package budgets.
- **Project schedule monitoring and updates**
- Using project schedule and progress reports: obtain progress info and generate data and curves for each cost profile.
- **Cost control**
- Assign budget for procurement packages, perform budget reconciliation or scope and pricing and produce reconciliation statement to support recommendations for award.
- Record and maintain commitments based on procurement contracts, contract amendments, contract change notices, PO revisions
- Attend periodic reviews and establish and maintain forecasts for all packages and ensure full coding, based on EPCM status report, expenditures (ex Project Accountant) and project changes/trends (e.g. Trend and Change Coordinator)
- Forecast project contingency requirements, escalation, forex, currencies etc.
- Import detailed actual cost and commitment data into cost system and run complete detailed baseline cost report by package
- Participate in the trending and change management process and incorporate approved trends into the project estimate at completion.
- Update and maintain budget with approved PCNs
- Establish with the assistance of the Lead Cost Controller asset management methodology, based on client asset management philosophy (asset register)****:
- Produce asset capitalization report in accordance with client requirements
- **EPCM services progress and performance measurement**
- Obtain progress info from EPCM Controller and update EPCM status report
- Attend periodic reviews and establish and maintain forecasts for all packages.
**You bring to the role**:
- Qualification in engineering or related discipline or appropriate project related experience**_ _**:
- A minimum of 2-5 years’ experience as a Cost Controller/Cost Technician in a multidiscipline project environment.**_ _**:
- Sound technical knowledge in a multi-discipline environment
- Good knowledge of budgeting, forecasting final costs, cash flow
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