Cost Control Analyst

6 days ago


Houston, Texas, United States Seadrill Full time
Job Title: Project Controls Analyst

**Job Summary:**

We are seeking a highly skilled Project Controls Analyst to join our team at Seadrill Americas, Inc. The successful candidate will be responsible for collaborating with engineering and technical disciplines to develop optimal estimates, maintaining regular reporting of project performance metrics, and reviewing and analyzing project cost reports.

Key Responsibilities:

  • Collaborate with engineering and technical disciplines to develop optimal estimates and forecasts.
  • Maintain regular reporting of project performance metrics, including scope, schedule, and cost impacts.
  • Review, analyze, and report accurate updates to project cost reports, highlighting areas of deviation from planned project schedules.
  • Generate cost and variance analysis reports for various stakeholders, including Project Managers and Senior Management.
  • Prepare quarterly forecasts and annual budget processes for assigned projects.
  • Review management reports to identify potential accruals and adjustments.
  • Review client invoicing for accuracy and completeness.
  • Reconcile cost reporting with accounting and financial records.
  • Provide support for clients, regulatory bodies, and additional audits as required.
  • Track and monitor project spend daily.

Requirements:

  • Bachelor's degree or foreign equivalent in Accounting, Finance, Business Administration, or a related field.
  • Three (3) years of experience in the job offered or three (3) years of experience in a related occupation performing forecasting, estimating, cost accounting, and project controls.
  • Developing and monitoring project budgets using industry standards.
  • Applying industry knowledge to assess project cost details and track project expenses.
  • Leveraging knowledge of rig technical functions for discussing project details.
  • Analyzing data and financial reports to identify areas of cost concern and highlight solutions to maintain cost control.


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