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Principal Cost Controls Specialist

4 months ago

Houston, United States McDermott Full time
Job Description

Company Overview:

People power our future. That is why advancing a dynamic, inclusive environment, where everyone grows and thrives is critically important to us.

Our ingenuity fuels daily life. Together, we've forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing offshore platforms hundreds of miles from shore, and using our expertise to design and build offshore wind infrastructure.

For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.

Here, what you do matters.

Job Overview:

McDermott is looking for a Principal Cost Controls Specialist with strong LNG background to join the project controls team. The Principal Cost Control Specialist will support the established progressing procedures, and best practices to ensure that proper progressing is performed on projects during all phases of execution of the work.

Responsibilities

Key Tasks and Responsibilities:
  • Coordinates development of project control budget in conjunction with project directorate and project management teams at project locations
  • Monitors and maintains project control budget and estimate at completion with updates received from project change coordinator, contract administration and project management teams at project locations
  • Develop forecast at completion (EAC) based on current expenditures, commitments and trends against the project.
  • Develop project and corporate cost reporting and variance analysis including monthly reports and reviews (PMR-Project Monthly Report, PFR-Project Finances Report, APS-Area Performance Summary, EPR Executive Project Report).
  • Maintain cost project database with monthly reports ran; enterprise resource planning (ERP) such as JDE (PSR, CDR, Commitment Report, Manhours report), MCPM (Project Status Report, Budget Release, Change Register and Labor Details).
  • Provides input and supports required for preparation of client invoice
  • Provides recommendations for corrective action to program directorate
  • Ability to interact on high level with management as well as technically with engineers
Qualifications

Essential Qualifications and Education:
  • 10 - 15 Years' experience in Cost Management in Oil & Gas or in related / comparable industries
  • Good Communication skills, team player
  • Proficient in Microsoft Excel, Access, PowerPoint & workable to deal with resistance
  • Meet deadlines and can handle changing needs and requirements
  • Demonstrate an understanding of Planning/Scheduling procedures and best practices
  • Working knowledge of Primavera P6
  • Actively develop more FEED and EPC knowledge.
  • Experience in working with and in financial data bases like JDE

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About Us

At McDermott, we proudly work together to create and deliver innovative engineering and construction solutions for the energy industry. Our customers trust our technology-driven approach to design and build infrastructure solutions to responsibly transport and transform natural resources into the products the world needs today. Because we're powered by the most innovative minds, we rise to every challenge to make what was once just an idea a reality.