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We are Subsea7, a global leader in the delivery of offshore projects and services for the energy industry. We make offshore energy transition possible through the continuous evolution of lower-carbon oil and gas and by enabling the growth of renewables and emerging energy. 

At Subsea7, we are looking for people who think differently. We want people who can bring new ideas and who are willing to take on challenges that will enable us to make a positive impact on a global stage. 

In turn we will lift you up and encourage you to go further.  Onshore or offshore, embark on a journey of opportunities, continuous learning and development. 

Start your journey with us today. 

Title:  Senior Cost Controller

Location: 

Dubai, AE

Job Closing Date:  24 Apr 2026

What will you be doing?

Role Overview

Subsea7 is hiring a Senior Cost Controller that ensures accurate, timely and value-added analysis and reporting on a project or projects. The discipline contributes to the effective running of projects and comprises responsibility for but not limited to cost performance status reporting.

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.

 

Responsibilities

Project Award

  • Oversee the review and analysis of the as-sold budget and cash plan (in/out) and modify and/or detail this plan
  • Ensure analysis and understanding of the project/tender contract and scope
  • Develop a common understanding of the Tender budget and ensure its transfer to the cost management system in order to establish first project forecast
  • Oversee the timely coding, collection, analysis and reporting of all project expenditure, together with budget holder(s)
  • Establish a project coding structure in accordance with the Group guidelines.
  • Assist/liaise with Project Planner for maintenance of project WBS and NWA structures

Project reporting

  • Prepare/compile cost and financial input to the PMSR (Project Monthly Status Report)
  • Prepare and load forecast revenue and costs per period in the reporting tool (Ecosys)
  • Ensure in-depth analysis and reporting of variances on a monthly basis
  • Perform economic analysis, deviations, probability, and support project management on any accounting issues and reporting related to the project

Project monthly close-out

  • Perform monthly closing adjustment in accounts: determine and post cost accruals and unbilled revenue, calculate and post revenue adjustments when its recognition is based upon cost progress
  • Responsible for the reconciliation of forecasted and actual expenditures and the production of project accruals

Cash-Flow

  • Provide accurate project long term cash flow forecast on a monthly basis
  • Monitoring and reporting of Cash Flow and Financial obligations both monthly & quarterly
  • Explain deviation from previous cash-flow forecast with the split between internal and external costs

Relationship with Stake Holders

  • Responsible for the overall coordination of changes to the forecast based on inputs from Client, project management and other project team members as applicable
  • Interface with budget owners on a regular basis to review commitments and challenge their forecasts
  • Interface with External Clients (if needed) & Auditors as well as Internal Stakeholders
  • Participate in estimation of Variation Orders, prepare supporting data and documentation and evaluate the economic impact of variations in scope of work
  • Prepare and/or review Close-Out Documentation, both internally and externally

 

What experience would we like you to have?

Required Qualifications & Skills

  • Business Degree in Cost Management, Project Management, Finance or Engineering.
  • Minimum 5 years relevant Experience of establishing and performing Cost Control on various types and size of projects.
  • Technical knowledge and application of Cost Control and associated systems
  • Accounting skills
  • Demonstrated capability to analyse information and synthesize findings.
  • Proficiency in Microsoft Office.
  • Knowledge of SAP/Ecosys is useful
  • Fluency in English is essential

 

#LI-NE1

An environment where you can thrive 
We recognise that having a diverse team makes us a better, smarter team. Diversity is something we value and regard it as key to our success. 

We encourage new ways of thinking and celebrate our wide range of skills that help us continually challenge the status quo and inspire innovation. An inclusive and diverse environment fosters creativity, improves decision-making and introduces new ways of thinking. 

Our people are at the heart of what we do at Subsea7 and we are committed to creating an environment where everyone can thrive. Fair employment practices, fair treatment for all individuals and equal opportunity on the basis of merit are the foundation of how we work and develop together. 

What happens next? 
If you would like to apply for this role, simply click the Apply button found on this page.   

You may be prompted to set up a profile with us. It’s quick and easy to do.  Or, if you have already created a profile with us, simply log in and submit your application. 

Here are 3 top tips to help you submit a successful application: 

•    Make sure your CV is up-to-date and highlights the transferable skills and experience you can bring to this role. 
•    We would encourage you to include a cover letter as part of your application. It’s your chance to tell us why you would be a brilliant addition to our team. 
•    Take your time with your application and check there are no errors before final submission  
 
Once you have submitted your application, we will be in touch as soon as possible with next steps. 
To find out more about Subsea7 visit our website here

Apply now »