Principal Cost Controls Specialist
3 weeks ago
**Job Overview**:
The Principal Cost Controls Specialist working under the direction of the Cost Control Manager performs the overall cost control integration function including control budget maintenance, commitment monitoring, expenditure reporting, cost estimates to completion and project cost reporting activities.
**Key Taks and Responsibilities**:
- Coordinates development program control budget in conjunction with program directorate and project management teams at project locations.
- Monitors and maintains program control budget and estimate at completion with updates received from project change coordinator, contract administration and project management teams at project locations.
- Coordinates cost control input from project controls teams at project locations to develop program cost reports in compliance with contract and corporate requirements.
- Provides cost control function for program directorate cost account.
- Provides input and support as required for preparation of client invoice.
- Provides recommendations for corrective action to program directorate.
**Essential Qualifications and Education**:
- Degree in Engineering or Construction or equivalent from an accredited college or university.
- Minimum of 10 years of overall Project Controls experience.
**Company Overview and Core Values**:
McDermott is a premier, fully-integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions-from the wellhead to the storage tank-to transport and transform oil and gas into the products the world needs today.
At McDermott, we hold all employees accountable to follow our 5 core values.
- Integrity -we maintain a firm adherence to legal and ethical conduct
- One Team - we are one company, where everyone is equally important
- Go Beyond - we seek courageous and creative solutions
- Well-Being - we promote all forms of well-being
- Commitment - we are reliable and dependable in delivering quality solutions
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