Sr. Cost Control Engineer

Title:

Senior Cost Control Engineer - Grade OCST30

Position Overview

The Sr. Specialist I Cost Control supports project financial performance by developing budgets monitoring expenditures analyzing variances and preparing cost forecasts. The role ensures accurate and timely cost reporting to support decisionmaking across major capital projects.

Key Responsibilities

• Develop and maintain project cost budgets and baselines.
• Monitor actual costs commitments and forecasts against approved budgets.
• Prepare monthly cost reports dashboards and EAC forecasts.
• Review and validate contractor invoices variations and cost-related contract items.
• Track change requests and incorporate approved changes into project budgets.
• Support risk reviews by identifying cost impacts and trends.
• Ensure compliance with internal cost control procedures and audit requirements.

Qualifications

• Bachelors degree in Engineering Finance Accounting or related field.
• 1015 years experience in project cost control (oil & gas/EPC preferred).
• Proficiency with cost management tools (e.g. SAP Oracle EcoSys Excel).
• Professional certifications (AACEI CCP PMP) preferred.

Key Skills

• Strong analytical and numerical ability.
• Excellent communication and reporting skills.
• Attention to detail and accuracy.
• Ability to work in fast-paced project environments.
• Excellent in developing and setting up Cost Model System and Forecasting of Revenue and Cost.
• Good knowledge in SAP is required or any equivalent ERP system is required
• Good Excel and MS Office skills are required.
• Good in Data Analytics and Power BI Reporting
• Good in communication and presentation

Required Experience:

Senior IC