Senior Cost Controls Specialist
- Squamish, BC, Canada
Salary Range: $142,856 - $180,599. · Full-time
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Job details
- Pay
- Salary Range: $142,856 - $180,599.
- Job type
- Full-time
- Apply by
- Experience
- 7-10 years of experience in a similar role Cost role
- Posting language
- English
- Posted
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:
Essential Qualifications and Education:
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.
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
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
- A basic understanding of JD Edwards is a plus
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.
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
Categories
- Finance & Accounting
- Engineering
- Energy
- Construction
- Management & Leadership
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