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Cost Controller

1.00 to 10.00 Years   Sharjah, United Arab Emirates   10 Mar, 2023
Job LocationSharjah, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryOil & Gas
Functional AreaNot Mentioned

Job Description

JOB PURPOSE: Support the Finance & Projects teams in full cycle accounting in the areas ofBudgeting and planning, cost estimation and Cost control.

  1. Preparation of project budgets and AFEs - Submission of project budgets and AFEs on time after being reviewed and endorsed by the Projects manager
  2. Prepare project cost estimates for oil & gas industry - This includes cost estimates for design, procurement and construction activities related to civil, piping, pipeline
  3. Monitoring project actual costs against budget - Actual commitments and cost need to be tracked against the approved budget and areas of concern need to be
  4. Prepare monthly cost reports for all ongoing project - Prepare required cost reports and submit to the SPA and Projects Manager
  5. Prepare annual budget sheet including monthly - Obtain the inputs from each SPA and prepare the Projects budget along with budget commentary
  6. Obtain the inputs from each SPA and prepare the Projects budget along with budget commentary - Review the invoices/variation orders submitted by contractor and make sure all invoices are in line with contractual
  7. Develop historical Cost database of a project - Maintain a database of all completed projects so they can be used in future for reference purpose
  8. Periodic accruals and cash calls - Prepare the cost accruals in line with the finance systems for booking the monthly cost. Further, provide the cash

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