Senior Projects Cost Controller

Job Description

ACTIVITIESTo promote and adhere to applicable safety guidelines and other company?s HSE policies in all activities.To carry out work in compliance with Company values and policies, relevant laws and regulations, agreed Company priorities and objectives, Company standards and procedures and good industry practicesTo treat all information obtained during course of the work with confidentialityBudgetTo prepare for review of the annual detailed budget and revisions by consulting with various internal entities and adhering to the finance departments prescribed COMPANY budget standard format.accountable for the presentation and for providing the necessary defense of the budget performanceTo control the amount of money available for each commitmentTo maintain budgetary discipline, highlight current trends, and explain differences between forecasts and budgetsTo create a record of all commitments, expenditures incurred, and forecasted expenditures for all contracts and purchase orders controlled by Major Projects; to update, monitor, and regulate this register.To carry out particular Cost AnalysisTo contribute to the PALM system as needed with respect to commitments, payment schedules, invoicing, time sheets, and cost control issues.With Project Control and the training department, review the MP training matrix and make sure that training is given as needed.Closure:To prepare the monthly closure and ensure that accruals made in the PALM system are consistent with the status of the current project(s)To compile the required documentation for compliance with accruals.Cost reporting:To timely provide project management with a complete internal cost report (including Trends, Areas of Concern, Budget Variance Analysis, Commitment/Expenditure Figures, Forecast at Completion, TW, AK Follow Up, etc.) with comments.To make sure that all information about project expenditures, contracts, budgets, cash flows, forecasts, etc. is accurate and auditable.To act as the interface with the COMPANY Finance entity and provide them with data for incorporation in corporate financial documentsTo supervise the contractors and suppliers cost control activitiesInvoicing:To put in place an effective billing procedure between the various project locationsTo keep track of invoices and work with COMPANY Accounting to ensure prompt payment of invoicesSetting up and enhancing the CDS mechanism.General:To promote cost consciousness within the entityTo ensure confidentially is being kept as per sensitive dataTo liaise with internal and external auditors for cost justificationTo prepare the required cost recovery related documentationTo liaise actively with COMPANY Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes...)To prepare commercial close out of each contract and archive all financial documentation as per COMPANY guidelines, for the MP costs centerTo carry out any other duties or tasks that may be assigned by hierarchical superiors.Degree in Economics or equivalentMinimum 10 years? experience in similar activities for projects.Advanced knowledge & experience in use of relevant computer systems (SAP, BW, Excel, Word, PowerPoint, Access, Power Query, Power BI)

Keyskills :
Experienceinuseofrelevantcomputersystems