Bumi Armada

Senior Cost Controller

Posted: 6 minutes ago

Job Description

The Senior Cost Controller will play a key role in delivering a complete suite of cost-control services and financial support for projects. Understand all relevant documentation pertaining to the project including scope of services, conditions of contract, project execution plan, project schedule, etc. Work within standard project cost engineering procedures and ensure that these procedures comply with contractual reporting requirements and, if not, modify accordingly.Responsibilities:Cost EngineeringUnderstand all relevant documentation pertaining to the project including scope of services, conditions of contract, project execution plan, project schedule, etcWork within standard project cost engineering procedures. Ensure that these procedures comply with contractual reporting requirements and, if not, modify accordinglyPrepare activity plans to accomplish all work required by the proceduresPrepare cost estimate for variation order proposal during project executionPrepare manhour, material quantity and cost budgets from the cost estimate and update them on approval of contract changes and budget transfersMaintain a comprehensive material and construction quantity control and reporting system to include the current status of budget, material take-off and forecast quantitiesIdentify and analyse deviations and trends against the budgets Investigate such deviations with the relevant group and advise Project Manager of issues requiring corrective actionProvide comprehensive cost analysis and prepare forecasts of final project costsLeadership and Relationship BuildingLiaise with client project control personnel as necessaryLiaise with Project Planning Engineer on analysis of project status Review the impact of cost and schedule changes upon each otherLiaise with Engineers/SCM/Construction/Site Manager and review field cost reports and associated information for inclusion in the overall project cost reportWork with business unit or project controller and accounting function to ensure adequate financial controls;Undertake any other ad-hoc duties as requiredReporting RequirementReview overall project status and forecast with Project Manager each monthPrepare monthly cost reports with supporting narrativesPrepare monthly Project Cost Report and associated back-up for review with Project Manager, and Project Controls Manager as necessaryOthersAudit of invoices and payment certificates prior to payment by either the client or company accountsEnsure reconciliation between project cost report and accounts cost and billing informationRequirements:Min 5 years relevant and similar capacity in project estimating and cost controlling preferably in Offshore Construction/EPCIC industryTechnically strong in project cost planning, scheduling and reportingTechnically strong in project cost planning, scheduling and reportingKnowledge in the use of MS Project, Primavera Scheduling and SAP softwares is highly advantageousDemonstrate strong interpersonal, communication and presentation skillsStrong analytical and problem solving skills and meticulousPossess good project background and technical writing ability and skillsMature, proactive, resourceful and hands-on with good initiativeFast worker with ability to work well under stressConversant with personal computing software and an advanced Excel use with experience of using SAP

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