Cost Controller

Abu Dhabi Polymers Company (Borouge)
UAE

Ref: GP666-232
Abu Dhabi Polymers Company (Borouge)

The Role


The Role


The Technical Group (TG) has been established as the Engineering and Technical organisation for Borouge, which is mainly based in Ruwais. TG is the Engineering and Technical Services organisation and has business process ownership of Asset Integrity; Process Safety Management; Inspection; Project Engineering and Delivery (value up to $50 million); Technical Authority Governance and Support. Additionally TG is the custodian of the Company Technical Standards and Procedures.

Reporting to the Department Manager for Support and Services, under the Technical Services function, your responsibilities will include:

* Preparing and Controling the cost developments related the assigned Project/Technical Group (TG) activities.
* Identifying and collecting all cost details for each activity (manpower, equipment, direct and indirect costs), monitor execution plans to assess the financial impact, create/issue the required reports to all execution parties.
* Preparing weekly/monthly Cost Report. Handles a business commitment of USD 50 to 75 Million per year.
* Constantly look at ways to improve office practices and processes, in order to enhance business efficiency.
* Develops annual commitment plan, annual investment/fixed cost budget for TG in line with Company requirements. Monitors performance and progress against set targets and takes remedial action where needed.
* Providing necessary input and centralizes data for 5 years business plan (by Department or TG aggregate).
* Acts confidentially as appropriate, especially when dealing with business and sensitive issues.
* Preparing Project cost estimate of resources and other expenses through discussions with functional leaders. Using a generic and cost structure which is suitable for cost tracking in the project life cycle.
* Preparing Cost of work scheduled, discuss and agree with functional leaders.
* Assisting planners / schedulers in integrating the cost estimate in the Project schedules in Primavera.
* Coordinating with Finance on a variety of services related financial matters of TG, including services costing, invoice payment settlement, application etc.
* Recording / extracting committed to date, spent to date, forecast to complete cost for all direct costs.
* Revising Project cost at the end of every reporting period to generate Forecast at completion.

Requirements


Requirements


As a successful candidate you will have:

* B.Com in Financial Management and diploma in finance will be preferred.
* Minimum of 6-8 years work experience in Finance/Accounting in oil/gas/petrochemical Industry or any financial institute.
* Proficient in ORACLE, SAP (systems Application process) UNIX, used with good administrative skills.
* Demonstrates well developed skills in MS office in order to create well structured documents, Spreadsheets, presentations, proposals and other documents.
* Excellent Commercial understandings
* Have management skills in budgeting, cost control and manpower requirement.
* Good level in English (Written/ Spoken) language and having good communication, interpersonal and analytical skills.
* Proven ability to work as an effective team player.

About the Company


About the Company


Abu Dhabi Polymers Co. Ltd (BOROUGE) is a leading provider of innovative plastics solutions. Established in 1998, Borouge is a joint venture between two well-established leaders in the industry – the Abu Dhabi National Oil Company (ADNOC) and Borealis A/S, one of Europe’s largest polyolefin producers. The partnership brings together combined strengths, superior technology and deep market knowledge that make Borouge a market leader in high-performance polyolefins.
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