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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 Lead

Location: 

Rio de Janeiro, BR

Job Closing Date:  30/05/2026

What will you be doing?

APPLICATIONS OPEN – until april 10, 2026 

Summary Description

The Project Finance Manager ensures accurate, timely, and value‑added analyses and reports for one or multiple projects. The discipline contributes to effective project execution and includes responsibility for cost performance reporting. The role ensures full cost control across the project, including budgeting, updates and monitoring, change management, estimating, cost reporting, contingency and risk management, as well as forecasting. Responsible for managing the project financial team.

 

Main Responsibilities and Challenges

- Continuously improve Cost Control processes, procedures, systems, and best practices.

- Ensure the use of standard and appropriate models for financial and performance reporting.

- Ensure knowledge of and adherence to Group procedures.

- Transfer the Tender budget into the cost management system, establishing the EAC baseline.

- Ensure consistent use of EcoSys for cost control and reporting.

- Prepare the Cost Control Structure for EcoSys and Tracker.

- Analyze and understand the contract and project scope.

- Support Change Management and identify deviations and corrective actions.

- Participate in preparing Variation Orders (VOs).

- Establish and communicate control routines aligned with financial/accounting/compliance rules.

- Monitor project progress with Planning and Budget Owners.

- Calculate and track the project forecast (ETC).

- Reconcile planned vs. actual expenses; prepare accruals.

- Ensure proper cost allocation.

- Supervise preparation of project reports.

- Prepare PMSR aligned with project leadership.

- Manage weekly/monthly cash flow reporting.

- Deliver required monthly/quarterly project financial reports.

- Support internal and external audits.

- Review project Close-Out documentation.

- Participate in functional meetings and workshops.

- Contribute to a positive HSEQ culture.

What experience would we like you to have?

Education

Bachelor’s degree in Business Administration, Economics, Accounting, or Production Engineering. Desired: MBA/Specialization in Costs, Finance, or Project Management. Advanced English, Advanced Excel, SAP user.

Experience

8–10 years of cost/finance experience, 7 years in project cost control. Strong background in project management, cost, finance, and accounting. Experience with management reporting and financial consolidation systems.

 

We value diversity and view differences as opportunities rather than barriers, ensuring conditions for the full development of our professionals and for society as a whole. All of our positions are open to persons with disabilities and/or individuals undergoing rehabilitation.

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 »