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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:  Project Cost Control Team Lead

Location: 

Kuala Lumpur, MY

Job Closing Date:  12 Jun 2026

Overview

We are seeking an experienced Project Cost Control Team Lead to join our Kuala Lumpur office on a full-time permanent basis. This is an exciting opportunity to take on a dynamic role within a busy office environment, supporting a range of projects. Ideally, the successful candidate will have experience of Project Accounting in the Oil & Gas, Construction or similar industries, demonstrate strong leadership skills, and be comfortable working both independently and as part of a team.

The individual will be comfortable working under their own initiative and within a team, being able to respond to tight deadlines and deliverables as and when requested by Management. The individual will not only perform the core responsibilities of a Cost Controller but will also oversee and mentor other Cost Controllers, ensuring high quality deliverables and professional development within the team. The individual will be expected to manage tight deadlines and coordinate team activities and act as a key point of contact for management.

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.

What will you be doing?

  • Lead, coach, and develop a team of Cost Controllers ensuring high performance, accountability, and continuous capability development.
  • Allocate work effectively across the team, balancing workload and project priorities.
  • Establish clear roles, responsibilities, and performance expectations aligned with organisational objectives.
  • Promote a culture of collaboration, continuous improvement, and knowledge sharing within the team.
  • Ensure full compliance with all relevant policies, procedures, financial controls, and regulatory requirements.
  • Drive standardisation and continuous improvement of cost control processes, systems, and reporting practices.
  • Ensure alignment and effective utilisation of cost control systems and tools, consistent application of best practices and ways of working across all projects and tenders.
  • Oversee development, validation, and ongoing management of project budgets and cash flow forecasts (in/out).
  • Oversee reconciliation of forecasted and actual expenditures, including accruals.
  • Monitor and report project cash flow, financial obligations, and key performance indicators (KPIs) on a monthly and quarterly basis.
  • Provide insightful analysis and recommendations to support decision-making by senior management.
  • Ensure timely and accurate preparation of Project Cost Reports and inputs for Regional/Corporate reporting.
  • Ensure clear communication of financial status, risks, and opportunities Lead regular team meetings to communicate priorities, share knowledge, and drive continuous improvement.
  • Support recruitment, onboarding, and training of new team members as required.
  • Foster a collaborative and positive team environment aligned with Subsea 7 values.

 

KEY RELATIONSHIPS/ STAKEHOLDERS

External:

  • Clients
  • External Auditors

 

Internal:

  • Project team functions within Subsea 7, including Project Managers, Supply Chain Management (SCM), Project Engineering Managers, Offshore Manager and Supervisors
  • Internal Audit
  • Management & Finance Reporting Team
  • Treasury
  • Tax
  • Tendering

What experience would we like you to have?

  • 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.
  • 10 years’ experience in Project Cost Control, with at least 3 years’ experience as a lead Cost Control on large projects, preferably Offshore Energy sector.
  • Strong excel and systems skills (SAP S/4 Hana, EcosSys).
  • Strong Communication skills essential, fluently in English.
  • Working in a team orientated environment essential.
  • Strong leadership skills and people management skills.
  • Ability to challenge constructively and drive accountability.
  • Regular trips to project locations may be required (project dependent).

 

#LI-CR1

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 »