Project Cost Controller

Abu Dhabi, UAE

Ref: KP633-1000

Job description / Role

Employment: Full Time

A Large International Natural Gas Solutions & Services Company in UAE is looking for a meticulous PROJECT COST CONTROLLER for their office in Abu Dhabi, UAE. The key focus of this role is to perform routine aspects of Project Cost Control such as tracking, monitoring, and analyzing costs of projects, including running cost control reports, analyzing budget variances and ensuring accurate costs

Responsibilities:

• Control and monitor project total expenditure such as verifying and checking of invoices and claims from suppliers, vendors and subcontractors
• Follow cost and accounting procedures and ensure that all expenditures, estimates, and change orders are properly captured, recorded, coded and dispersed into proper work breakdown structure (WBS) and that codes match the project list in SAP
• Provide planning and cost controlling support for all projects that includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes, etc.
• Prepare project PCCS/BAF reporting, in conjunction with PMs, for monthly project status meetings ensure that expenditures are kept within the project budget and elevate issues in a timely manner
• Liaise with procurement and Finance Teams on invoice coding/approval and accrual processes
• Liaise with BU Finance team on month end process and procedures
• Assists in the maintenance of the project cash flow (PFS) as required by the organization
• Identify variances to budget and liaise with project team to identify the reason for the variance
• Generate system reports to provide Project Managers with the information necessary to effectively understand and manage the project
• Attend project meetings and discussions with the Project Management team, work with them to resolve project issues to ensure the delivery/completion of the project work and provide cost control and planning advice to them as and when required
• Use SAP functions to perform the required activities and the production of various reports as required.

Requirements

• Minimum Bachelor’s Degree in Engineering or Business with specialization in Project Management or Cost Control related training
• Minimum 5 years in Project Finance i.e. cost control, cash flows, estimation, procurement etc. within Oil & Gas EPC industry
• Technical background in project cost planning, scheduling and reporting
• Knowledge in the use of MS Project, Primavera Scheduling and SAP software is highly advantageous
• Bookkeeping/accounting Knowledge is required
• Demonstrate strong interpersonal, communication and presentation skills
• Strong analytical and problem solving skills and meticulous