Graduate Cost Controller

Subsea7


Date: 3 weeks ago
City: Al Khobar
Contract type: Full time
What will you be doing?

Description Of Role

Under supervision a Graduate Cost Engineer assists Senior Cost Controllers on cost control functions including using cost control software tools to analyse financial data: budgets analysis, re-forecasts, invoicing and potential financial reporting,

The work scope is supporting projects in Middle East region. The Graduate Engineer will normally be involved in on-the-job development, mentoring and self-development.

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.

Position Overview

Generic Key Responsibilities & Activities Recognised the objectives for professional development

  • Using spreadsheets and cost control software to analyse financial data.
  • Be able to assist project cost engineer for creating and analysing budgets and forecasts.
  • Allocating costs to categories and business areas.
  • Tracking labour hours and verifying supplier invoices.
  • Analysing variances on forecasted profits and expenses.
  • Visiting project sites to observe workflows.
  • Planning and managing costs, project scope and scope changes.
  • Cash flow forecast
  • Support to client invoicing process
  • Makes effort to become aware of all relevant safety objectives and legal requirements.
  • Participates in meetings/correspondence with Clients, consortium partner and etc. in a junior capacity.

AUTHORITY/DIMENSIONS

  • Operate within the Business Code of Conduct.
  • Operate according to Subsea 7's Management Principles.
  • Support standards and procedures for the Project Control and Cost Control Functions.

What experience would we like you to have?

Key Qualifications/Experience

  • Graduate in a relevant Quantity Surveying or Finance Management or science degree.
  • May have some directly related work experience.
  • Be able to travel on a regular basis (25% minimum) to UAE to work in close collaboration with Senior Cost Controllers

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