Senior Financial Project Controller

2 weeks ago


Houston, Texas, United States Subsea 7 Full time
POSITION SUMMARY

The Lead Project Cost Analyst will oversee the effective management of the organization's financial resources, ensuring optimal cost control throughout project lifecycles. The successful candidate will play a pivotal role in the seamless execution of projects, focusing on cost performance metrics and financial reporting.

PRIMARY RESPONSIBILITIES:
  • Oversee the timely, precise, and cost-efficient management of cost control functions within designated projects.
  • Collaborate with budget holders to assess budgets and commitments, providing critical analysis of forecasts.
  • Compile financial data for the Project Monthly Status Report (PMSR).
  • Generate comprehensive cost reports for clients.
  • Conduct in-depth variance analysis from initial estimates to current Estimates At Completion (EAC), providing a detailed monthly breakdown of discrepancies.
  • Establish and uphold project coding structures (WBS/NWA) within SAP and EcoSys.
  • Execute monthly financial closing procedures, including project cost accruals and unbilled revenue in SAP and EcoSys.
  • Prepare and distribute all project invoices, maintaining an updated invoice register, and conduct monthly revenue reconciliations.
  • Develop project cash flow forecasts to support the organization's treasury requirements.
  • Engage in the estimation of Variation Orders, preparing necessary documentation and evaluating performance.
  • Ensure adherence to all relevant policies, processes, and procedures while striving for continuous improvement and the implementation of best practices.
This job description should not be construed as an exhaustive summary of responsibilities or limitations of the job holder's accountability. The job holder may be required to undertake additional duties within their expertise and capabilities as necessary.

REQUIREMENTS:
  • Bachelor's degree in Cost Management, Finance, Engineering, or a related discipline.
  • A minimum of 5-7 years of experience in cost control.
  • Familiarity with SAP and EcoSys (or similar Project Cost Management software).
  • Proficient in the MS Office suite, particularly Excel.
  • Exceptional communication and presentation skills.
  • Strong analytical and problem-solving capabilities, with comfort in handling numerical data.
  • Ability to identify opportunities for process enhancements.
  • Capable of working independently.
  • Provide guidance and support to junior Cost Controllers.
  • Detail-oriented with outstanding organizational skills to meet stringent deadlines.
  • A strong commitment to delivering high-quality results consistently.
  • Adaptable to the evolving needs of the organization, with various ad-hoc analytical skills.
LOCATION
Houston, Texas

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