Senior Cost Control Specialist

Job Description

• Collaborate and participate in budgeting (cost–revenue) meetings with internal departments, the employer, and partners.
• Report project cost–revenue status to senior management for ongoing projects.
• Update budgets and activity reports.
• Develop and implement cost–revenue control procedures and update dashboards.
• Prepare, monitor, control, and report all costs related to required activities for Project Petroleum Costs; manage expenditures and ensure reconciliation of operational and accounting records with the relevant LOP and WPB budgets in accordance with IPC and JOA contracts.
• Monitor and follow up on JMC approvals and cooperate with subcommittees involved in the JV.
• Maintain and legally follow up on entitled revenues and future sales cash flow (CFF) related to the IPC contract.
• Coordinate activities through close collaboration with finance and project teams.
• Fully cooperate with the ERP team to implement required budget control activities within the ERP system.
• Implement rules related to cost centers, Work Breakdown Structure (WBS), and cost allocation.
• Follow up with tax and social security authorities to coordinate with the finance department.

Qualifications:

Work Experience: Minimum of 5 years of relevant work experience.
Education: Bachelor’s degree in Financial Engineering, Economics, Accounting, Financial Management or Industrial Engineering.
English Proficiency: Upper-intermediate or higher level.

Technical Competencies:

• Familiarity with oil and gas contracts.
• Knowledge of financial and credit document analysis.
• Ability to control and manage costs and revenues.
• Familiarity with financial statement analysis.
• Knowledge of financial reporting regulations.