Title: Graduate Cost Controller
Al Khobar, SA
What will you be doing?
DESCRIPTION OF ROLE
Under supervision a Graduate Cost Engineer assists Senior Cost Controllers on cost control functions including using cost control software tools to analyse financial data: budgets analysis, re-forecasts, invoicing and potential financial reporting,
The work scope is supporting projects in Middle East region. The Graduate Engineer will normally be involved in on-the-job development, mentoring and self-development.
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.
POSITION OVERVIEW
Generic Key Responsibilities & Activities Recognised the objectives for professional development
• Using spreadsheets and cost control software to analyse financial data.
• Be able to assist project cost engineer for creating and analysing budgets and forecasts.
• Allocating costs to categories and business areas.
• Tracking labour hours and verifying supplier invoices.
• Analysing variances on forecasted profits and expenses.
• Visiting project sites to observe workflows.
• Planning and managing costs, project scope and scope changes.
• Cash flow forecast
• Support to client invoicing process
• Makes effort to become aware of all relevant safety objectives and legal requirements.
• Participates in meetings/correspondence with Clients, consortium partner and etc. in a junior capacity.
AUTHORITY/DIMENSIONS
• Operate within the Business Code of Conduct.
• Operate according to Subsea 7's Management Principles.
• Support standards and procedures for the Project Control and Cost Control Functions.
What experience would we like you to have?
KEY QUALIFICATIONS/EXPERIENCE
• Graduate in a relevant Quantity Surveying or Finance Management or science degree.
• May have some directly related work experience.
• Be able to travel on a regular basis (25% minimum) to UAE to work in close collaboration with Senior Cost Controllers
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