Cost Controller (m/f)

Duties

• Support the development of ICB
• Linking the cost report and SAP structure to ICB structure
• Support the project manager in developing the Authorization for Expenditure (AFE) to the PPA partners
• Prepare a well specific AFE's in collaboration with the well delivery team
• Monitor VOWD against the Control base, perform a cost and commitment reconciliations on monthly basis
• Developing monthly cost reports against the approved cost baseline
• Create and update the SAPWBS structure
• Creating PR’s in SAP to maintain commitments on the project
• Validating the value of work done (VOWD) against the ICB and prepare the month management accrual
• Quality assures cost updates
• Conducting Level 1 assurance (eg health checks) as described in the procedures
• Managing project cost change management process
• Attending change management meetings and pro-actively participating in the process of identification of changes
• Updating the PVP register including sequential numbering of changes
• Obtaining all the documentation required to raise a risk or PVP
• Updating and maintaining the cost reports and PVP register
• Loading of PR’s for the approved contract changes
• Creating VP’s and updates cost report with these VP’s
• Compiling the cost forecast and review forecasted data based on the latest data as received from the Contractor
• Developing and maintaining the cost risk register
• Assisting with the assessment of cost and schedule risk impacts
• Updating and maintaining the Cost reports risk register
• Running the risk simulation tool on a monthly basis to produce risk value (probabilistic value at P50 range)
• Developing and updating the baseline line cost flow
• Updating the monthly cost flow forecasts
• Managing expenses against commitments on projects
• Calculating Value of Work Done (VOWD) on the project, including calculation of accruals and prepare management accrual on monthly basis
• Assisting with the invoice verification
• Capture EW’s, PMI’s and PVP’s cost impact assessment in the Risk or PVP registers
• Capitalizing the project at the project completion
• Receiving confirmation letter of close out
• Initiating the de-commitment documents
• Budget shifting the remaining funds to contingency
• Ensuring that the commitment and expenditure are equal
• Execute applicable SOX and internal controls

Requisites

• Education Bachelor's degree in finance or relevant field
• Experience 5 years of professional experience working in cost control
• Management experience strongly preferred
• Language Fluency in English

Notes

• Only shortlisted applicants will be contacted