Project Cost Controller

4 weeks ago


Westhill, Aberdeenshire, United Kingdom Subsea 7 Full time
Job Summary

We are seeking a highly skilled Project Cost Controller to join our team at Subsea7. As a key member of our Project Cost Control team, you will be responsible for ensuring accurate, timely, and value-added analysis and financial reporting on a project.

Key Responsibilities
  1. Cost Performance Status Reporting: Ensure the provision of all cost control functionality on the project, including budget setup, updates, and monitoring, change management, variation estimating, cost reporting, risk contingency, and management, as well as all forecasting activities.
  2. Cost Control System Management: Ensure full coherence and utilisation of the Cost Control System (Ecosys) and that it aligns with the Work Breakdown Structure for budgeting purposes and reporting key performance indicators throughout the project.
  3. Process Establishment and Communication: Establish and communicate processes and routines required for effective control and reporting during the project lifecycle to team members, with consideration of financial and other compliance legislation.
  4. Progress Monitoring and Reporting: Maintain constant awareness of progress of work by proactively collecting the necessary supporting material (planning and reports) and information from all credible sources.
  5. Expenditure Coding, Collection, Analysis, and Reporting: Ensure the timely coding, collection, analysis, and reporting of all project expenditure, together with the budget holder(s).
  6. Forecasting and Cash Flow Projections: Conduct reconciliation of forecasted and actual expenditures and the production of project accruals, as well as prepare short- and long-term cash flow projections in a continuous and timely manner.
  7. PG Monthly Report Preparation: Prepare the PG Monthly Report in association with the Package Manager.
  8. Variance Analysis and Reporting: Accountable for in-depth analysis and reporting of variances on a monthly basis, ensuring all costs are allocated correctly.
  9. Interface with Budget Owners: Interface with budget owners on a regular basis to review commitments.
  10. Liaison with Parent Project Cost Controllers: Regularly liaise and establish good working relationships with Parent Project Cost Controllers.
Requirements
  1. Professional Accounting Qualification: Part qualified or currently undertaking studies towards a professional accounting qualification (ie CIMA, ACCA) is desirable.
  2. Broad Experience of Cost Centre Control: Broad experience of delivering Cost Centre Control across various types and sizes of project would be preferred.
  3. IT Literacy: IT literate across the MS Suite, with proficiency in Microsoft Excel (including advanced pivots/lookups etc). Working knowledge of SAP would be beneficial but is not essential.
  4. Culturally Aware and Effective Communicator: Culturally aware, utilising enhanced communication skills to build and maintain effective relationships at all levels of the business.
  5. Collaborative Team Worker: Collaborative team worker who also demonstrates initiative and ownership.
  6. Proactive and Solutions-Based: Proactive and solutions-based, with the ability to challenge the status quo, devising and implementing improvements where relevant.
  7. Excellent Analytical Skills: Excellent analytical skills, and an ability to work with detail and high accuracy.
What We Offer
  1. Career Development: With access to a range of learning and development opportunities, as well as being part of a culture that encourages growth and development.
  2. Flexible Working: Lots of our people work flexibly in different ways. Whether it's hybrid, part-time or flexitime working. We can't promise to give you exactly what you want, but let's have a discussion to see how we can make it work.
  3. Enhanced Maternity/Paternity Leave/Adoption Leave
  4. Fantastic Benefits Package: Which includes a generous holiday allowance, pension scheme, discounted health and wellbeing packages, electric car salary sacrifice scheme and more.
About Us

We are Subsea7, a global leader in the delivery of offshore projects and services for the energy industry. We make offshore energy transition possible through the continuous evolution of lower-carbon oil and gas and by enabling the growth of renewables and emerging energy.

At Subsea7, we are looking for people who think differently. We want people who can bring new ideas and who are willing to take on challenges that will enable us to make a positive impact on a global stage.

In turn, we will lift you up and encourage you to go further. Onshore or offshore, embark on a journey of opportunities, continuous learning and development.

Start your journey with us today.

An environment where you can thrive

We recognise that having a diverse team makes us a better, smarter team. Diversity is something we value and regard it as key to our success.

We encourage new ways of thinking and celebrate our wide range of skills that help us continually challenge the status quo and inspire innovation. An inclusive and diverse environment fosters creativity, improves decision-making and introduces new ways of thinking.

Our people are at the heart of what we do at Subsea7 and we are committed to creating an environment where everyone can thrive. Fair employment practices, fair treatment for all individuals and equal opportunity on the basis of merit are the foundation of how we work and develop together.

What happens next?

If you would like to apply for this role, simply click the Apply button found on this page.

You may be prompted to set up a profile with us. It's quick and easy to do. Or, if you have already created a profile with us, simply log in and submit your application.

Here are 3 top tips to help you submit a successful application:

  1. Make sure your CV is up-to-date and highlights the transferable skills and experience you can bring to this role.
  2. We would encourage you to include a cover letter as part of your application. It's your chance to tell us why you would be a brilliant addition to our team.
  3. Take your time with your application and check there are no errors before final submission.

Once you have submitted your application, we will be in touch as soon as possible with next steps.


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