Cost Controller

2 weeks ago


Sharjah, United Arab Emirates The Rekruiters Full time

**JOB PURPOSE**:_Support the Finance & Projects teams in full cycle accounting in the areas of Budgeting and planning, cost estimation and Cost control._
- Preparation of project budgets and AFEs - Submission of project budgets and AFEs on time after being reviewed and endorsed by the Projects manager
- Prepare project cost estimates for oil & gas industry - This includes cost estimates for design, procurement and construction activities related to civil, piping, pipeline
- Monitoring project actual costs against budget - Actual commitments and cost need to be tracked against the approved budget and areas of concern need to be
- Prepare monthly cost reports for all ongoing project - Prepare required cost reports and submit to the SPA and Projects Manager
- Prepare annual budget sheet including monthly - Obtain the inputs from each SPA and prepare the Projects budget along with budget commentary
- Obtain the inputs from each SPA and prepare the Projects budget along with budget commentary - Review the invoices/variation orders submitted by contractor and make sure all invoices are in line with contractual
- Develop historical Cost database of a project - Maintain a database of all completed projects so they can be used in future for reference purpose
- Periodic accruals and cash calls - Prepare the cost accruals in line with the finance systems for booking the monthly cost. Further, provide the cash

**Skills**
- Graduation in accounting or finance with professional qualifications e.g. CIMA, CMA.
- 8-10 years experience mainly in EPC projects in the oil&gas industry (like surface facilities for wells, pipelines, gas compression, process plants, etc) in capacity of project accountant.
- Extensive experience in budgeting, Cash Calls, cost allocations, project economics and other finance processes. Expert in Excel and Powerpoint,

**Salary**: AED15,000.00 - AED35,000.00 per month

Ability to commute/relocate:

- Sharjah: Reliably commute or planning to relocate before starting work (required)


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