Project Cost Controller

4 weeks ago


Dubai, Dubai, United Arab Emirates Oil and Gas Job Search Ltd Full time

Job Summary

We are seeking a highly skilled Project Cost Controller to join our team at Oil and Gas Job Search Ltd. As a key member of our project control team, you will be responsible for ensuring the accurate and timely management of project costs.

Key Responsibilities

  • Be informed of Company Rules and Specifications (CR's/GS's), Corporate, TEEPRH and Project procedures related Budget and Cost Control for application to your activities
  • Update and maintain the GMP Annual Estimated Final Cost (annual EFC) accordingly, participating in the development of the various budgets and successive updates (Annual Budget sessions) with inputs from the GMP team, and from UNISOL
  • Provide input, as directed by Cost Control Lead, into the UNISOL System and
  • Process invoices in accordance with the existing procedures and contracts.
  • Control the Authorized commitment availability when capturing expenses (internal and external), inform the Cost Control Lead on potential overruns.
  • Record and control into the UNISOL system the performances on commitments, relevant accruals, updated payment schedules, invoices, and cost control issues as required.
  • Highlight any trend and elements that may contribute to a deviation to the agreed consolidated GMP budgets.
  • Participate as quality control in the Delegation of Authority process; as necessary
  • Prepare of the GMP Monthly Cost Report, highlighting costs trends and drifts, to propose corrective measures or actions and participates in the preparation of the GMP Monthly Report
  • Liaise, as requested, with Iraq Affiliate Finance Department, GMP Team and GMP Contractors for all matters related to cost and accounting as required (invoice processing and payment, payment claims and disputes...).
  • Timely report to the GMP Project Control Manager, highlighting achieved progress and reporting any area of concern or problem encountered.
  • In general, to liaise and coordinate actively with the Project Control team from Affiliate, and specifically with the Lead Cost Engineer, from whom he shall comply with rules and requirements (functional link).
  • Observe and impose strict confidentiality in the performance of his/her duties and specifically with regards to information related to Budget & Cost Control, all along the course of the Project.
  • Participate and control monthly closure requirements.

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