Cost Controller 1
Kuala Lumpur, MY
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