Job details

Kuala Lumpur
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Vacancy information


The Senior Project Cost Controller I ensure accurate, timely and value-added analysis and reporting on a project or projects.  The role ensures the provision of all cost control on the project including budget set up, updates and monitoring, change management, variation estimating, cost reporting, risk contingency and management as well as all forecasting activities.

The Senior Project Cost Controller I shall report to the Cost Control Supervisor/Manager and Project Manager and shall provide all information necessary for them to determine the financial success of the Project.

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.

All personnel are also expected to contribute to creating a culture of ethics and integrity within Subsea 7 and ensure familiarity with and adherence to our Code of Conduct.


Generic Key Responsibilities & Activities

  • Ensure compliance with all relevant policies, process and procedures and strive for continual improvement and the application of best practice
  • Responsible for the efficient, timely, accurate and cost-effective management and delivery of the cost control activities within assigned project(s) and/or tenders
  • Ensure analysis and understanding of the project/tender contract and scope
  • Oversee the review and analysis of the as-sold budget and cash plan (in/out) and modify and/or detail this plan
  • Ensure full coherence and utilisation of cost control systems for budgeting purposes and report key performance indicators throughout the project
  • Establish and communicate processes and routines required for effective control and reporting during the project lifecycle to team members with consideration of financial and other compliance legislation
  • Ensure the team capitalises from and contributes to lessons learned and is performed in accordance with best practice, striving to mitigate risk, promoting safety and integrity consistently
  • Interface with budget owners on a regular basis to review commitments and challenge their forecasts
  • Interface with External Clients & Auditors as well as Internal Stakeholders
  • Supervision of junior team members allocated to Project
  • Monitoring and reporting of Cash Flow and Financial obligations both monthly & quarterly


  • Degree qualified ideally in Cost Management, Project Management, Finance or Engineering. Membership to a relevant Professional body is desirable
  • Broad experience of delivering Cost Control and various types and size of project.
  • Relevant previous experience at an appropriate level in the subsea or offshore environment
  • Experience of establishing and leading Cost Control on projects
  • SAP & EcoSys experience desirable
  • Microsoft Excel experience essential
  • Excellent IT Skills, Good Numeracy and Analytical Skills
  • Good spoken & written English is essential
  • Working in a team orientated environment essential