COST CONTROLLER ( Mechanical projects for Oil & Gas - SD/TA)

Monitoring and updating cost estimates for projects to ensure that costs are within expected ranges. Preparing and analyzing comparisons of scope, quantities and cost data between the project forecasts and the budgets. Organize, monitor, and control project costs and will define project needs for cost control in accordance with contractual requirements, objectives, and Company procedures. Coordinating with other departments such as human resources, payroll, accounting, and finance to ensure that all costs are accurately tracked. Ensure that all project commitments are accurately reported and will maintain updated final project forecasts and expenditure forecasts. Proactively advise management when forecasted costs exceed the approved budget and will recommend corrective actions. Able to use statistical tools to analyze cost metrics and perform risk analysis. Attending project meetings and discussions with the external clients if needed. Analyze cost reports and extract required data for management reporting. Prepare and report cost engineering information on a monthly basis and when required for management. Identifying the critical areas and informing the management regarding delays in the project. Coordinate and work with the project management team to resolve project issues to ensure the delivery/completion of the project work. Provides all cost engineering expertise and coordinates activities as group/unit leader as required in preparation of cost portion of the Oil & Gas industry for Shutdown/Turnaround , Projects , LFC / MFC/ EPC Contracts. Reviews and analyzes all claims and Change Orders on project contracts. Participates in the negotiation of project contracts as required.

Monitoring and updating cost estimates for projects to ensure costs are within expected ranges. Preparing and analyzing comparisons of scope, quantities and cost data between project forecasts and budgets. Organize, monitor, and control project costs and define project needs for cost control per contractual requirements, objectives, and Company procedures. Coordinating with departments such as HR, payroll, accounting, and finance to ensure costs are accurately tracked. Ensure all project commitments are accurately reported and maintain updated final project forecasts and expenditure forecasts. Advise management when forecasted costs exceed the approved budget and recommend corrective actions. Use statistical tools to analyze cost metrics and perform risk analysis. Attend project meetings and discussions with external clients if needed. Analyze cost reports and extract required data for management reporting. Prepare and report cost engineering information monthly and as required for management. Identify critical areas and inform management regarding delays. Coordinate with the project management team to resolve project issues to ensure delivery/completion. Provide cost engineering expertise and coordinate activities as group/unit leader as required for Shutdown/Turnaround, Projects, LFC/MFC/EPC Contracts. Review and analyze all claims and Change Orders on project contracts. Participate in the negotiation of project contracts as required.