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McDermott International, Ltd

Senior Cost Controls Specialist

Squamish, BC, Canada

Pay: Salary Range: $142,856 - $180,599.
Job type: Full-time
Apply by: Oct 29, 2026
Experience: 7-10 years of experience in a similar role Cost role
Posting language: English
Posted: Sep 29, 2026

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Original job description

Job Description

Job Overview:

The Senior Cost Controls Specialist uses best practices and knowledge of internal or external issues to improve the costing discipline within McDermott. They will act as a resource for colleagues with less experience and share their conceptual and practical expertise related to the cost discipline. The Senior Cost Controls Specialist solves complex problems and uses their discipline-specific knowledge to improve their products or services. The Senior Cost Controls Specialist impacts a range of customer, operational, project, or service activities.

Salary Range: $142,856 - $180,599. The range provided is for contracted hours only. In addition, McDermott offers a competitive total rewards package, including project up-lift and bonuses.

Responsibilities

Key Tasks and Responsibilities:

Understands constructability concepts, workflow processes (the how it’s built) & related interdependencies between Engineering, Procurement, Fabrication, and Construction
Able to understand and apply contractual requirements and implementation on the project via the project controls execution plan
Set up and implement project controls systems
Set up and maintain project controls reports
Adheres to McDermott's internal project controls processes
Analyze and interpret cost forecasting and trending
Recommend solutions or recovery plans for problem areas
Prepare Project Forecast monthly
Assist finance in preparation of the project cash flows and cost spread
Participate in proposal development, commercial alignment, and project kickoff processes
Train junior personnel in all aspects of cost reporting
Monitor variations from the scope of work, capture, maintain, and assess related impacts
Set up and maintain the progress measurement system
Lead change management efforts, including building of cost estimates and applying or managing amendments to the contract
Implement and support the Change Management process
Support the Subcontract Management team in verification of progress and earned value against invoices received
Support determining the required monthly accruals that are processed by accounts payable
Monitor cost coding system is properly applied, and information flow is correct and complete
Analyze committed costs and activities to date, actual vs budget, performance, and productivity
Perform any other related duties as required

Qualifications

Essential Qualifications and Education:

Bachelor’s degree in Business, Finance, Engineering, Construction Management, or related fields or
7-10 years of experience in a similar role Cost role
Good knowledge of MS Office with advanced Excel spreadsheet skills
Experience with cost trend analysis, variance analysis and forecasting
Problem-solving attitude and high level of coordination skills
Ability to understand the project scope, schedule, and its relationship to cost and progress
Demonstrated effectiveness in prioritizing multiple tasks, and managing efforts to meet deadlines
Good communication skills and ability to demonstrated effectiveness in working with others in a multifunctional team and with leadership
Has good working knowledge and understanding of cost, schedule, estimating, and accounting interfaces
A basic understanding of JD Edwards is a plus

Preferred Qualifications and Education:

A basic understanding of JD Edwards is a plus

About Us

Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.

For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.

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More about this job

Responsibilities

Establish and maintain project controls systems, cost reports, forecasts, progress measurement, and cost coding, while analyzing actuals, budgets, commitments, productivity, and trends. Support project cash flows, proposals, subcontract verification, and contract change management, and train junior personnel in cost reporting.

Requirements

Requires a bachelor’s degree in business, finance, engineering, construction management, or a related field, or 7–10 years of experience in a similar cost role. Candidates should have advanced Excel skills and experience with forecasting and variance analysis, along with strong coordination, communication, prioritization, and understanding of cost, schedule, estimating, and accounting interfaces; JD Edwards knowledge is a plus.

Skills

Cost Forecasting
Cost Trend Analysis
Variance Analysis
Cost Estimating
Project Controls
Cost Reporting
Change Management
Contract Management
Progress Measurement
Earned Value Analysis
Cost Coding
Cash Flow Forecasting
Advanced Excel
JD Edwards
Problem Solving
Cross-Functional Coordination

Benefits

Project Uplift
Bonuses

Visa sponsorship

Not detected in the job text

Keywords

Project Controls
Cost Controls
Cost Forecasting
Cost Trend Analysis
Variance Analysis
Cost Estimating
Cost Reporting
Project Forecast
Project Cash Flow
Cost Spread
Change Management
Contract Amendments
Contractual Requirements
Progress Measurement System
Earned Value
Subcontract Management
Cost Accruals
Cost Coding
Committed Costs
Budget Analysis
Productivity Analysis
Constructability
Engineering
Procurement
Fabrication
Construction
Microsoft Office
Advanced Excel
JD Edwards

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