Job details

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Vacancy information


Develop and maintain Project Cost Controls System and Management Reporting for
project value above US$50M to US$100M. To ensure the completeness and accuracy of
revenue and cost are reported on timely basis.

All personnel are expected to contribute to creating a positive HSEQ culture within Subsea 7 and ensure familiarity with and adherence to local HSEQ codes and practices. Additionally, creating a culture of ethics and integrity within Subsea 7 and ensure familiarity with and adherence to our Code of Conduct.


  • Liaise with Commercial Department to take over the bid documentation to set up Work
  • Breakdown Structure (WBS) and Net Work Activities (NWA) in SAP and establish project as
  • sold budget for internal management report.
  • As per contract’s requirement, set up the external cost report to Client and Government.
  • Monitors and updates the actual and committed cost periodically and analyses these costs.
  • Verify cost allocations according to NWA to Project Management Team and Supply Chain
  • Management.
  • Prepare monthly Cost Model and Project Monthly Status Report (PMSR), and Client’s Reports
  • if required.
  • Monitor and identify variance from project as sold budget and report accordingly.
  • Maintain Change Order, Budget Shift & Trends Register and prepare the support documents.
  • Assist and Support PM and Contract Administrator to do the estimation of CO to Client.
  • Prepare billing memo with supporting documents to Finance for official invoice.
  • Internal liaison with Finance/Procurement/Operations/ Asset to maintain efficient & accurate
  • recording of cost expenditure and manage discrepancies for preparation of accurate and
  • complete cost reports.
  • Troubleshoot cost abnormalities in reporting data and liaise with relevant parties as
  • necessary.
  • Provide the support to Finance for External Audit and Tax Audit.
  • Support Project Controls Manager on risk process and report.
  • Prepare project and Management ad hoc reports.Involving SAP system improvement and regional reports if there is any.


  • Bachelor’s Degree in Engineering or Science.
  • 5 years of cost control experience in the Oil & Gas industry.
  • Minimum 8 year of cost control experience in engineering and construction environment.
  • Must be fluent in the English language and be an effective communicator.
  • Experience in ERP System, SAP is preferred.

     • Operate within the Business Code of Conduct.
     • Operate according to Subsea 7’s Management Principles.