Cost Controller

BH-273297
  • Attractive Day Rate
  • Spain Madrid
  • Contract
  • Oil & Gas
COST CONTROL ENGINEER

REPORTS TO: Project Services Manager

POSITION OVERVIEW
  • Member of the Project Team in Madrid.
  • The Cost Control Engineer shall implement overall cost controls for the Project (cost control, planning and reporting, progress measurement, management of change).

DUTIES AND RESPSONSIBILITIES
  • Implementation of cost control standards for the project in accordance with the E&P procedures.
  • Set up the project cost control baseline in the Corporative Project Cost Control tool.
  • Prepares VoWD, accruals and forecast on monthly basis or with the required frequency.

 Follows approved cost baseline:
  • Providing variance analysis: Identifies and analyzes deviations between the committed cost,
  • approved budget, the Value of Work done and the actual cost, differentiating cost changes
  • and FOREX.
  • Predicting EAC, ETC and FAC ensuring accuracy as per WBS scope and vendor contracts.
  • Preparing cost progress S-curves.
  • Manage the use of project contingencies to ensure their appropriate use.
  • Support the Contract Holder providing correct cost allocation of PO Position/lines to WBS.
  • Register SES complying with invoicing procedure.
  • Supports Planning & Performance department on preparation of annual project budgets, monthly reforecasts, and monthly cost reporting.
  • Prepares AFEs for Regulator and Partners, with correct allocation of costs to WBS.
  • Creates periodical reports complying with the reporting requirements for the different stakeholders, including key performance indicators and highlighting the impact of deviations in cost.
  • Provides input to monthly reports and project monthly executive report
  • Update the project budget, the time forecasts of committed costs and the payments to suppliers and contractors to ensure accurate and timely payment. Establish the cash flow to ensure availability of funds according to the requirements of the Company.
  • Participate in gathering lessons learned for the project.

Provides support to the Project Services Sr Manager to:
  • Develop and maintain the project services related plans and procedures.
  • Cost control requirements in contracts scope of work preparation, evaluation, and award.
  • Monitor and appraise the performance of the Contractor(s) in areas of cost control, progress measurement and control.
  • Implement and administer the project change control process.

SKILLS AND QUALIFICATIONS
  • University degree in engineering or management.
  • 5+ years of experience in project controls focused on cost control in Oil & Gas Industry.
  • Experience in dealing with engineering and construction contractors
  • Familiarity with project management tools and demonstrated PM methodology experience
  • Strong understanding of Microsoft Office Suite (Outlook, Excel, Word, PowerPoint).
  • SAP knowledge
  • Preferred: Experience in working in offshore developments.
  • English: Advanced written level and fluent speaking level is essential.
  • Spanish: Excellent written level and fluent speaking level is essential.
  • Able to apply logical thinking before performing tasks or delivering results. Problem-solving oriented.
  • Adaptability and tolerance of change and uncertainty
  • Flexibility
  • Willingness to learn
  • Ability to work in multicultural environments
  • Ability to work in a team, sharing points of view and information
  • Ascertain a good communication with all the project team members and different departments / groups during the entire project / well phases.
  • Good communicator and listener, coherence, and fluency with confidence


With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.

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