Posted on Fri 15th Mar, 2024 - hotnigerianjobs.com --- (0 comments)
WTS Energy provides recruitment and manpower services for the global oil and gas and energy industries. We supply engineers and consultants to our clients' projects and operations, and perform employment outsourcing services such as workforce management in oil and gas regions around the world. WTS Energy operates globally with offices in 14 countries and is operational in over 50 countries.
We are recruiting to fill the position below:
Job Title: Project Cost Controller (In-Country)
Location: Warri, Delta
Industry: Oil & Gas
Job Type: Office
Job Summary
The Project Cost Controller is responsible for estimating and controlling project costs to ensure that projects are completed within budget. They work together with project managers to help them meet budgeting goals.
Main Responsibilities
Responsible for setting up Cost Control Procedures and process flow charts for assigned project
Responsible for setting up budgets to follow the project costs for assigned projects
Responsible for preparing Estimation of Total Forecasts, Quantity/Costs and Expected Outcomes
Assists Project Managers in optimizing and improving their budget profits
Liaise with Finance and other departments to effectively handle and coordinate cost-related activities
Assist the Projects to point out the items with the most significant impact on the cost
Preparing change orders or claims and following up
Prepare the monthly project cost, management report, and cashflow
Responsible for the control and monitoring of project total expenditure including verifying progress works statements and claims from suppliers, vendors, and subcontractors to ensure that all project expenditures are captured and properly recorded
Provide cost-controlling support for all projects or designated projects which includes variation reporting monitoring of milestone progress to the preparation of customer billing processes
Ensures effective project implementation and utilizes productive reports from the creation of Work Breakdown Structure (WBS) with the use of project management systems to monitor the status of all purchases, invoicing, and delivery up to the closure of the project
Prepare the project budget and revise it 3 times in a year and prepare the justification for the variances between the original budget and the revised budget.
Prepare monthly Project Status Report (PSR); Perform project costing-related reporting to the team and management’s review every month to ensure that expenditures are kept within the project budget
Coordinate with the Planning engineer to prepare the project status reports as required
Efficiently work as a Cost Control Engineer to effectively foresee problems beforehand and mitigate the impact by appropriate timely actions
Handle other related job functions as may be assigned by the Project Control Manager or his/her designate.
Qualifications & Competencies
A Bachelor's Degree in Project Management, Accounting, Banking and Finance, Engineering or a related discipline
5 – 7 years’ experience in Project Control and Cost Management within the Oil and Gas Sector Operational Perspective.
Working Knowledge of Primavera P6 or Microsoft Project.
Good interpersonal and collaborating skills
Extensive qualitative and quantitative analytical skills, with the ability to assimilate information quickly and present findings in a concise and meaningful way
Business Support Acumen.
Demonstrate experience in all aspects of project controls management to support the full project life cycle and in ensuring that deliverables meet project requirements Effective Documentation.
Effective communication within the team and with stakeholders.