Cost Controller 1

Location: 

Kuala Lumpur, MY

Employment type:  Employee
Place of work:  Office
Offshore/Onshore:  Onshore

TechnipFMC is committed to driving real change in the energy industry. Our ambition is to build a sustainable future through relentless innovation and global collaboration – and we want you to be part of it. You’ll be joining a culture that values curiosity, expertise, and ideas as well as diversity, inclusion, and authenticity. Bring your unique energy to our team of more than 20,000 people worldwide, and discover a rewarding, fulfilling, and varied career that you can take in anywhere you want to go.  

Job Purpose

  • The Cost Controller is responsible for the management and reporting of all costs and revenues of project he/she has been allocated.

Job Description

  • Responsible to establish the first project budget/forecast based on handover bid from Sales Department
  • Responsible for the updates of changes to the forecast based on inputs from project management and other project team members as applicable
  • Responsible for monthly Project Cost Report and Project Management Report 
  • Preparation of monthly invoices to Client and follow up works (including reimbursable items) 
  • Evaluate the economic impact of changes/variations in scope of work 
  • Perform economical analysis, forecasts, deviations reports etc
  • Update cash forecast
  • Support identification of Threats and Opportunities and mitigation plan 
  • Increase other Departments’ awareness of the Cost Control function 
  • Review of commitments 
  • Assist procurement on invoices from Subcontractors /Suppliers

Key tasks: the cost controller needs to develop reporting requirements

  • Manpower forecasting - Vessel / Construction / Manufacturing / Procurement forecasting 
  • Budget transfer and variation order register 
  • Budget variance formalization 
  • Cost sensitivities analysis
  • Cash Flow
  • Reporting requirements

You are meant for this job if:

  • Finance/Business/Engineering Master and/or qualification
  • 5+ years experience of Cost Control depending on project size and complexity
  • Experience with large companies and an ERP system
  • Experience in the oil and gas industry

Additional Skills

  • Must work collaboratively with all members of the PMT and other Departments within the Company 
  • Ability to work in a team environment as well as independently. Someone who is adaptable to change and a fast pace environment. 
  • Strong verbal and written communication and interpersonal skills required. 
  • Ability to deal effectively with deadlines 
  • Strong knowledge of IFRS and Group Standards 
  • Ability to analyze project risks and anticipate event

Being a global leader in the energy industry requires an inclusive and diverse environment. TechnipFMC promotes diversity, equity, and inclusion by ensuring equal opportunities to all ages, races, ethnicities, religions, sexual orientations, gender expressions, disabilities, or all other pluralities. We celebrate who you are and what you bring. Every voice matters and we encourage you to add to our culture.

TechnipFMC respects the rights and dignity of those it works with and promotes adherence to internationally recognized human rights principles for those in its value chain.

Learn more about TechnipFMC and find other open positions by visiting our Career Page.

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Date posted:  Nov 26, 2024
Requisition number:  10073