Sr. Cost Controls Specialist

McDermott International   •  

Lake Charles, LA

Industry: Energy & Utilities


8 - 10 years

Posted 45 days ago

McDermott has an immediate opening for a Sr. Cost Controls Specialist with Oil & Gas experience in Lake Charles, LA. The Sr. Cost Control Specialist will administer activities associated with contracts for services, purchase of equipment, materials, or products for a project. Participates in and/or conducts proposal preparation, contract negotiation, contract administration and customer contact activities.

Key Responsibilities/Accountabilities:

  • Prepare Project Forecast monthly;
  • Support the Management during the contract changes/claims process
  • Monitor, for subcontracts and other significant items, progress and the value of work done against the invoices received, determining the monthly accruals (to have accounts in line with works progress)
  • Monitor cost coding system is properly applied and information flow is correct and complete.
  • Analyze committed costs and activities to-date, actual vs budget, performance and productivity.
  • Prepare Project cash flows.
  • Perform cost analysis and advise project leaders on cost over-runs.
  • Organize and coordinate the risk assessment/ review meetings.
  • Set-up and update periodically the "Risk and Opportunity Register" and the relevant project risk status report.
  • Perform any other related duties as required.

Basic Qualifications:

  • Bachelor’s degree in Business, Finance, Engineering, Constructions Management or related fields.
  • 10 years’ experience in a similar role. Power Experience is a MUST
  • Good knowledge of MS Office.
  • Problem-solving Attitude.
  • Ability to work effectively as part of a team to ensure business goals
  • High level of coordination skills to gather cost data from project leaders, finance and accounts department Demonstrated effectiveness in prioritizing multiple tasks, monitoring progress, and managing efforts to meet deadlines.
  • Demonstrated effectiveness in working with others in a multifunctional team

Desired/Preferred Qualifications:

  • JDE and PIMS
  • Power experience on combined cycle projects.