Senior Cost Controller
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Key skills for this role
About the Role
KBR is seeking a Senior Cost Controller for a PMC project in Abu Dhabi. The role involves overseeing project cost management, budget control, forecasting, and financial reporting for mega EPC projects.
Key Skills for This Role
Responsibilities
- Develop, maintain, and monitor project budgets and cost baselines
- Track actual project costs against budgets and forecasts, analyze variances, and prepare cost performance reports
- Prepare monthly cost reports, forecasts, cash flow projections, and Estimate at Completion (EAC) reports
- Monitor contractual costs, variations, and claims; evaluate financial impact of change orders
- Identify cost related risks and develop mitigation strategies
- Coordinate with Project Managers, Finance, Procurement, and Engineering departments
- Ensure adherence to company financial policies and project procedures; support audits
Requirements
- Bachelor's Degree in Engineering, Quantity Surveying, Finance, Accounting, Construction Management, or related discipline
- 15 years of experience in cost control, project controls, commercial management, or project finance
- Experience in EPC, Oil & Gas, Construction, Infrastructure, Energy, Utilities, or Industrial projects preferred
- Professional certifications such as CCP, PMP, CMA, CPA, MRICS, or equivalent preferred
Full Job Posting
Job Summary
- The Senior Cost Controller is responsible for overseeing project cost management activities, ensuring effective budget control, cost forecasting, financial reporting, and performance monitoring throughout the project lifecycle.
Key Responsibilities
- Develop, maintain, and monitor project budgets and cost baselines.
- Establish cost control procedures and ensure compliance across projects.
- Review project estimates, budgets, and cost breakdown structures.
- Monitor commitments, expenditures, and budget utilization.
- Ensure project costs remain within approved budgets.
- Track actual project costs against budgets and forecasts.
- Analyze cost variances and identify root causes.
- Prepare detailed cost performance reports and dashboards.
- Conduct trend analysis and provide recommendations for corrective actions.
- Support Earned Value Management (EVM) analysis.
- Prepare monthly cost reports, forecasts, and cash flow projections.
- Develop Estimate at Completion (EAC) and Estimate to Complete (ETC) reports.
Qualifications
- Bachelor's Degree in Engineering, Quantity Surveying, Finance, Accounting, Construction Management, or related discipline.
- Professional certifications such as CCP (Certified Cost Professional), PMP, CMA, CPA, MRICS, or equivalent are preferred.
Experience
- 15 years of experience in cost control, project controls, commercial management, or project finance.
- Experience in EPC, Oil & Gas, Construction, Infrastructure, Energy, Utilities, or Industrial projects preferred.
- Proven experience managing project budgets ranging from medium to large scale projects.
Technical Skills
- Cost Control & Budget Management
- Cost Forecasting & Financial Analysis
- Earned Value Management (EVM)
- Cash Flow Management
- Primavera P6
- SAP, Oracle ERP, or similar financial systems
- Advanced Microsoft Excel
- Power BI and Reporting Tools
- Contract Administration
- Claims & Variation Management
Key Competencies
- Strong financial and commercial acumen
- Advanced analytical and problem solving skills
- Leadership and team coordination abilities
- Excellent communication and presentation skills
- Attention to detail and accuracy
- Strategic thinking and decision making
- Ability to work under pressure and manage multiple priorities
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