Senior Cost Controller
2 months ago
We have an Oil & Energy client looking for a Senior Cost Controller to support their projects across the United States. The Project Services - Cost Control role is integral to the project management team. This position ensures that projects are completed within budget and achieve financial goals by effectively tracking expenditures, updating cost reports, and managing all aspects of cost control.
Industry: Oil & Energy
Work location: Downtown Houston, TX
Schedule: Hybrid (Tue, Wed, Thurs in-office / Mon, Fri WFH)
Travel: This role may require occasional travel to meet with stakeholders or visit project sites.
Work Type: W2 Contract-to-Hire / Full-time / Exempt
Benefits: Medical / Dental / Vision / 401(k) with match / paid parking
Essential Functions
- Cost Control Systems: Develop, implement, and maintain comprehensive cost control reports that align with project objectives, budgets, and contractual requirements.
- Budget Tracking: Monitor project budgets, track and analyze expenditures, and ensure costs align with project estimates. Identify budget variances and deviations.
- Forecasting: Prepare accurate cost forecasts, considering project progress and scope changes. Regularly update project managers and stakeholders on cost implications.
- Change Management: Evaluate and process change orders and project scope variations. Assess the impact of these changes on project costs and schedules.
- Vendor and Supplier Relations: Collaborate with procurement and vendor management teams to ensure cost-effective sourcing.
- Risk Assessment: Identify potential cost risks and uncertainties that may affect project budgets and propose strategies for risk mitigation and cost containment.
- Reporting: Generate and distribute detailed cost control reports to stakeholders, highlighting key financial metrics, cost performance, and areas for improvement.
- Integration with Other Functions: Work closely with project teams, schedulers, engineers, and other stakeholders to ensure cost control measures align with overall project requirements.
- Documentation: Maintain accurate and organized records of project costs, change orders, and financial documents for auditing and compliance purposes.
- Other Duties: This job description is not exhaustive and may change at any time without notice.
Required Education and Experience
- Bachelor's degree in Finance, Accounting, Engineering, or a related field preferred.
- Proven experience in cost control or project accounting, preferably within the energy sector or related industries.
Additional Eligibility Qualifications
- Strong knowledge of cost control systems and software, along with proficiency in financial software/tools.
- Analytical and problem-solving skills to identify cost issues and proactively propose solutions.
- Effective communication and collaboration abilities to work with cross-functional teams.
- Detail-oriented with a high level of accuracy in financial tracking and documentation.
The company provides equal employment opportunities to all individuals, regardless of race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by law. The company also takes affirmative action to ensure equal employment opportunities for all.
No C2C. Candidates must be authorized and eligible to work in the US without sponsorship or visa.
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