Graduate Cost Controller
Subsea7
Date: 13 hours 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
Key Qualifications/Experience
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.
- 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.
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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