Cost Controller III
2 days ago
TechnipFMC is committed to driving real change in the energy industry. Our ambition is to build a sustainable future through relentless innovation and global collaboration – and we want you to be part of it. You’ll be joining a culture that values curiosity, expertise, and ideas as well as diversity, inclusion, and authenticity. Bring your unique energy to our team of more than 20,000 people worldwide, and discover a rewarding, fulfilling, and varied career that you can take in anywhere you want to go.
Job DescriptionEMPLOYER: FMC TECHNOLOGIES, INC.
Job Title: Cost Engineer III
Job Location: 11720 Katy Freeway, Houston, TX 77079
Responsibilities include:
- Provide critical assessments of all budget and forecasts.
- Act as the lead for multiple projects with support of Junior Cost Controllers.
- Track and analyze project profit/value destruction and creation and assist with department initiatives.
- Analyze project schedule against cost progress to determine and escalate projects risk to project leadership.
- Provide tender to execution budget analysis and work breakdown structure recommendation to commercial team.
- Review project schedule to determine risks.
- Perform value of work done analysis.
- Collaborate with finance and project teams to provide required monthly reporting, review vessel spreads, people on board, fuel consumption reports for forecasting requirements.
- Perform cost savings assessments, gather data for client reporting, assist with Change orders/variation orders from original scope with either costing information.
- Evaluate foreign currency and mitigate exchange exposure.
- Locate cash opportunities.
- Provide life of project cost and billing forecasts.
- Adhere to audit requirements.
Employer will accept a Bachelor's degree in Business, Accounting, Finance, or related field and 2 years of experience in the job offered or in a Cost Engineer related occupation.
Position requires experience in the following:- Experience with Earned Value Management (EVM) analyzing Primavera 6 schedules and Earned Value Tools to assess execution performance impacts to project by integrating schedule, costs and scope to measure project performance.
- Experience with Advanced Excel Functions, Data Tools and Forecasts such as Pivots, Charts/Graphs, Nesting Formulas, Goal Seek, What-if Analysis, and developing Macros.
- Experience with Project Modeling and calendarizing costs to forecast Estimate at Completes (EACs) comparing previous project and client scopes which allows a cost percentage to be allocated throughout the life of project.
- Experience with transforming commercial bid packages for Engineering, Procurement, Construction (EPC) subsea projects to establish Budgets and Cost Baselines for Cost Management to align the project by creating WBS structures, mapping, transfer pricing, hedging foreign exchange pricing, and other analysis tools.
- Experience with Business Compliance responding to audit requests and ensuring requirements are met for project reporting by adhering to Global Standards, Internal Controls, External Control testing.
- Experience with Contract Analysis to assist with preparation of favorable Change Management pricing and assess exposures regarding Liquidated Damages, Termination Fees, Cancellation Curves, Unit Rates, and reporting.
- Experience with Risk Management valorizing identified cost and schedule risks to perform scenario analysis of project gross margin and escalate mitigation planning for major threats.
Being a global leader in the energy industry requires an inclusive and diverse environment. TechnipFMC promotes diversity, equity, and inclusion by ensuring equal opportunities to all ages, races, ethnicities, religions, sexual orientations, gender expressions, disabilities, or all other pluralities. We celebrate who you are and what you bring. Every voice matters and we encourage you to add to our culture.
TechnipFMC respects the rights and dignity of those it works with and promotes adherence to internationally recognized human rights principles for those in its value chain.
Learn more about TechnipFMC and find other open positions by visiting our Career Page.
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