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Budget Control Expert

2 weeks ago

Dubai, Dubai, United Arab Emirates Oil And Gas Job Search Ltd Full time
Responsibilities
  • Be informed of company rules, specifications, and procedures related to budget and cost control.
  • Update and maintain the annual estimated final cost accordingly, participating in the development of various budgets and successive updates with inputs from the GMP team and UNISOL.
  • Provide input into the UNISOL System as directed by the Cost Control Lead.
  • Process invoices in accordance with existing procedures and contracts.
  • Control authorized commitment availability when capturing expenses (internal and external) and inform the Cost Control Lead on potential overruns.
  • Record and control performances on commitments, relevant accruals, updated payment schedules, invoices, and cost control issues as required.
  • Highlight any trends and elements that may contribute to a deviation from agreed consolidated GMP budgets.
  • Participate in quality control in the Delegation of Authority process as necessary.
  • Prepare the GMP Monthly Cost Report highlighting cost trends and drifts to propose corrective measures or actions and participate in the preparation of the GMP Monthly Report.
  • Liaise with Iraq Affiliate Finance Department, GMP Team, and GMP Contractors for all matters related to cost and accounting as required.