Accessibility Links
  • Job reference: RMS0228988

Cost Controller

  • Sector: Oil & Gas
  • Location: Qatar
  • Job type: Permanent
  • Date posted: 25/11/2020
  • Duration: 36 months
This vacancy has now been filled.

Click one of the boxes below to view similar jobs or send us your CV.
Send jobs like this to my email    What's this?

The Role:
ACCOUNTABILITIES:


Embedded within the business with a direct reporting line to the Business Analyst, the cost controller is responsible for delivering cost transparency and value to the business by promoting the principles of good cost control practice.


JOB DIMENSIONS:

Works across multiple departments so must be aware of changes in requirements of stakeholders.

Have a good understanding of the specific business activities to ensure spend is monitored accurately

To provide finance support, PR/ PO/ Invoices to the stakeholders in each department responsible

Manage additional volume of enquiries, reports and invoices related to specific departments

Support the business analyst by providing analysis on cost reporting

Support wider finance community by participating in monthly closure activities

To ensure continuous and open communication with all stakeholders

Number of Departments responsible for: (Up to 5) As required by structure


ACTIVITIES:

HSE

Knowledge of Company HSE policy, rules and procedures

Participation to HSE activities and global improvement initiatives

Budgeting & Forecasting

Assist the Business Analyst to prepare annual budget for each department responsible for. Assist the business Analyst to prepare for Budget session presentations to Management

Support the preparation of revised forecast information based on latest headcount, vendor terms & conditions, scope of work

Month-end closure & Reporting

Prepares all necessary SAP entries and documentation for the closure including receipts, scheduled and manual accruals and cost allocations to ensure accurate statements

Liaise with the P2P and Contract and Procurement teams for invoice and contract and PO related queries

Support the Business Analyst to prepare monthly cost report providing input to variance analysis and movements

Support the Business Analyst in delivering cost KPIs

Support the Business Analyst to ensure costs control measures are maintained to monitor, review, and analyze projects from inception till completion

Compliance

Promote a good P2P practice throughout the organization with no invoices received without PO and all approval of invoices in compliance with DOA

Responsible for validation of PR raised by business which is verified against budget creation

Invoice verification against PO prior to business release

Comply with provisions of contracts, JVA and Delegation of Authority

Prepare ad-hoc cost monitoring reports for entities under direct responsibility

Support the Business Analyst to contributes to responses to audit queries and to resolution of audit exceptions


CONTEXT AND ENVIRONMENT:

Be the visible Finance support to the business by creating open communication

Establish a common point of meeting with your stakeholders (weekly/ monthly) and continue to understand from them their business

Have a good understanding of the Finance Processes and timetable

Support the Business Analyst by reporting changes and movements in plans or activities early

Works closely with requisitions to ensure accurate financial information is provided, in line with work programmes

Have an understanding of cost/budget process and numbers

Essential Skills / Qualifications:
5 years Finance/Cost Control experience in Oil & Gas. Preferably cost related to Drilling & Wells. Experience in a JV environment would be a plus.

A technical degree is advantageous but not necessary or degree in accounting, finance or business-related courses.

Good eye for detail

Good communication and interpersonal skills. Fluent in English.

Good systems knowledge, especially SAP FI/CO, BW and Excel

About Fircroft:
Fircroft has been placing people in specialist technical industries for over 50 years, focusing on mid to senior level engineers for contract and permanent roles worldwide. By applying for this job you give consent for Fircroft to contact you, via email & telephone, to discuss your application along with future positions and Fircroft's services.

Fircroft is registered as a Data Controller with the Information Commissioner as required under the General Data Protection Regulation 2016/679. Fircroft will only process your personal data for the specific purposes of managing your application.

Back to Top

By clicking "Save" you consent to
receiving matching jobs based on the
job/page you are viewing by email from
Fircroft, as detailed in our privacy policy
Fircroft would like to keep you up to date with our latest company updates via email. Occasionally Fircrofts marketing may contain 3rd party or affiliate information, however we will not share your personal data with any 3rd parties without your consent. From time to time, we might contact you to get your views on the service you have received. To help you get the best out of Fircroft, we may personalise them based on your location and how you use fircroft.com
Fircroft would like to keep you up to date with the latest company updates and vacancies via SMS / Text messages
Your consent options above means that Fircroft cannot contact you about any new or alternative career vacancies. If you want Fircroft to only contact you about the role(s) you have applied for please continue, however if you would like to be considered for other positions please allow us to contact you by changing one or more of the above consent.