Project Cost Controller
Subsea7 are looking to add new talent to the Project Cost Control team within our Pipeline Group (PG) on a full-time, staff basis. Our Old Kilpatrick office offers the ideal location to collaborate with other key project personnel. We also have a PG presence in our Aberdeen office, allowing opportunities for suitably qualified candidates who wish to be based here to be considered for this role.
What will you be doing?
The role of Project Cost Controller ensures accurate, timely and value-added analysis and financial reporting on a project. 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 functionality 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.The role reports directly to the Cost Control Manager.
Responsibilities include (but are not limited to):
Ensure analysis and understanding of the Project Scope.Establish a project coding structure in accordance with the Group Guidelines taking into consideration the interface with the Project Planning Function, where applicable.
Ensure full coherence and utilisation of the Cost Control System (Ecosys) and that it aligns with the Work Breakdown Structure for budgeting purposes and reporting key performance indicators throughout the project.
Establish and communicate processes and routines required for effective control and reporting during the project lifecycle to team members with consideration of financial and other compliance legislation.
Maintain constant awareness of progress of work by proactively collecting the necessary supporting material (planning and reports) and information from all credible sources.
Ensure the timely coding, collection, analysis and reporting of all project expenditure, together with the budget holder(s).
Conduct reconciliation of forecasted and actual expenditures and the production of project accruals.
Produce short- and long-term cash flow projections in a continuous and timely manner.
Prepare the PG Monthly Report in association with the Package Manager.
Accountable for in-depth analysis and reporting of variances on a monthly and ensuring all costs are allocated correctly.
Interface with budget owners on a regular basis to review commitments.
Regularly liaise and establish good working relationships with Parent Project Cost Controllers.
What experience would we like you to have?
Please note, if you don’t tick all the boxes below but feel you have some of the relevant skills and experience we’re looking for, please do consider applying. We would encourage you to apply with a CV that highlights your transferable skills and experience.
Part qualified or currently undertaking studies towards a professional accounting qualification (ie CIMA, ACCA) is desirable although candidates degree qualified ideally in Cost Management, Project Management or Finance will also be considered.
Broad experience of delivering Cost Centre Control across various types and sizes of project would be preferred.IT literate across the MS Suite, with proficiency in Microsoft Excel (including advanced pivots/lookups etc). Working knowledge of SAP would be beneficial but is not essential.
Culturally aware, utilising enhanced communication skills to build and maintain effective relationships at all levels of the business.
Collaborative team worker who also demonstrates initiative and ownership.
Proactive and solutions-based, with the ability to challenge the status quo, devising and implementing improvements where relevant.
Excellent analytical skills, and an ability to work with detail and high accuracy.
What do we offer?
Career development – with access to a range of learning and development opportunities, as well as being part of a culture that encourages growth and developmentFlexible working – lots of our people work flexibly in different ways. Whether it’s hybrid, part-time or flexitime working. We can’t promise to give you exactly what you want, but let’s have a discussion to see how we can make it work.
Enhanced maternity/paternity leave/adoption leave
A fantastic benefits package – which includes a generous holiday allowance, pension scheme, discounted health and wellbeing packages, electric car salary sacrifice scheme and more.Who are we?
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.
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.