Senior Cost Controller

Senior Cost Controller required by our Client in the Oil & Energy sector to be assigned on a contract basis, located in Boston, MA

Duration:         ASAP – December 2023 (with probable extension)

POSITION SCOPE

The Senior Cost Controller is a role within the Cost Control team, part of the Project Controls team of the New England Wind project, a 2000 MW offshore wind project to serve the states of Connecticut and Massachusetts. The project is in an advanced permitting and procurement stage, has an estimated total CAPEX above eight million dollars and is organized in packages that take care of the main contracts the Project team is responsible to procure, coordinate, manage and execute until start of commercial operation in 2028 & 29.

The successful candidate will report to the Project Senior Manager Cost Control and work within a multinational and multi-function team to support the project’s cost control program.  The cost control team is responsible for organizing project cost elements, definition of yearly budgets, monitoring spends and authorizing new commitments, and in general for the implementation of the Project Cost Control procedures to support the timely delivery of the packages scope of work. 

The successful candidate will be part of a fast-paced environment with demanding and ever-changing needs and priorities following the different stages the Project will go through. The position will be responsible for several packages. The ideal candidate is highly self-motivated, organized, and can work well as part of a team.

PRINCIPAL RESPONSIBILITIES

• Strong liaison with the package managers to ensure the determination on the committed expenditure and update/interrogate current budget assumptions.
• Implement and ensure cost control processes to report on estimates, expenditures and cost commitments accurately.
• Prepare monthly forecast update, reconciliation, and reports within project procedure including variance cost analysis reporting.
• Support the Project budget request process.
• Monitoring of purchase requisitions, purchase orders, accruals and goods received (GRN’s), raised in its majority by the Packages; as well as closing down PO’s in SAP.
• Coordinate and lead the month-end Value of Work Done (accruals/prepayments) process. 
• Support and maintain the invoice control process with the relevant package managers. 
• Create and Maintain WBS structures, AO’s
• Provide ad-hoc ‘cost control’ support to the Project.
• Support Management of consultancy framework agreements: Control invoices, cumulative spent and identify when a call-off has expired.
• Support additional call-offs when needed with the support from contracts and legal departments.  
• Manage the internal change control process for packages under purview, identifying opportunities and early warnings on any potential deviation.
• Liaise with the Cost Control Senior Manager, Project Controls Director, Project Planning team, Risk Manager and Change Manager in order to understand project issues and anticipate (and mitigate) their impact on the project’s budget.

EXPERIENCE / QUALIFICATIONS
 

• Bachelor’s Degree in Accounting, Finance, Engineering or equivalent combination of education and experience
• At least five (5) years of experience in project cost and forecasting
• Experience on large EPC projects in sectors such as Renewable energy (wind, solar and energy storage), other Energy sectors or Infrastructure projects.
• Experience with SAP ERP systems.
• Proficiency using IT applications such as MS Office, Advanced user of Excel, Document Management Systems 
• Ability to work with global team members and cultures. 
• Demonstrated oral and written communication skills.
• Flexibility and adaptability.