Cost Controller

Category: Oil and Gas
Industry: Oil & Gas
City/Country: Paris, France
Location: Paris, Île-de-France

We are looking for a **Cost Controller**with the following details:
**Location : Paris, France then UAE after 6 months**

**Duration : 1 year, renewable**

**Work status : Residential**

Qualifications & Experience Required
- Degree in Economics or equivalent
- Minimum of 5 years' experience in similar activities for oil & gas projects.
- Advanced knowledge & experience in use of relevant computer systems (SAP, Excel, Word, Powerpoint)
- Fluency in English

Missions / Service Dimensions
- To promote & comply with applicable safety instruction and other Company HSE procedures in all activities
- To carry out work in compliance with Company values and policies, relevant laws and regulations, agreed Company priorities and objectives, Company standards and procedures and good industry practices
- To treat all information obtained during course of the work with confidentiality

Tender
- To support in preparation of Contract documents and provide challenge to the commercial and reimbursable terms, ensure CBS is aligned with WBS etc
- To liaise with Project Director, Project managers and B&D entity to review Cost Estimate based on benchmark data
- To support in preparing project CAPEX for Final Investment Decision

Budget
- To prepare for review the detailed annual budget and updates in liaison with various internal entities and in agreement with the NOC budget standard format provided by finance
- To participate in the presentation and to defend the budget performance as required
- To control budget availability for each commitment
- To ensure budget control, highlighting current trends and to justify variances between Forecast and Budget
- To establish register, to update, monitor and control the commitments, expenditure incurred and forecast for all contracts and purchase orders managed by Major Projects
- To perform specific Cost Analysis
- To provide input to the PALM system, with regard to commitments, payment schedules, invoicing, time sheets and cost control issues, as required
- Review training Matrix for MP with Project Control and training department and ensure training are performed when needed

Closure:

- To prepare the monthly closure and make sure accruals done in SAP system are in accordance with current project(s) progress
- To prepare all necessary documents as necessary for compliance regarding accruals

Cost reporting:

- To issue a detailed internal cost report (Trends, Areas of Concern, Budget Variance analysis, Commitment/Expenditure figures, Forecast at completion etc.) with comments and advise Project Management on cost over-runs in a timely manner
- To ensure correct and auditable records of all matters with Project expenditures, contracts, budgets, cash flows, forecasts, etc.
- To act as the interface with the TEEPRH Finance entity and provide them with data for incorporation in corporate financial documents
- To supervise the contractors and suppliers cost control activities

Invoicing:

- To implement an efficient invoicing process between the different locations of each project
- To monitor invoices, in liaison with TEEPRH accounting department to enable timely payment of invoices

General:

- To promote cost consciousness within the entity
- To ensure confidentially is being kept as per sensitive data
- To liaise with internal and external auditors for cost justification
- To prepare the required cost recovery related documentation
- To liaise actively with TEEPRH Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes...)
- To prepare commercial close out of each contract and archive all financial documentation as per TEEPRH guidelines, for the PROJECT costs center
- To carry out any other duties or tasks that may be assigned by hierarchical superiors