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McDermott Sr. Cost Controls Specialist in Houston, Texas

Title: Sr. Cost Controls Specialist

Location: USA-Texas-Houston

Job Overview:

McDermott has an immediate opening for a Sr. Cost Controls Specialist with Oil & Gas experience. The Sr. Cost Control Specialist will administer activities associated with contracts for services, purchase of equipment, materials, or products for a project. Participates in and/or conducts proposal preparation, contract negotiation, contract administration and customer contact activities.

Key Responsibilities/Accountabilities:

  • Prepare Project Forecast monthly;

  • Support the Management during the contract changes/claims process

  • Monitor, for subcontracts and other significant items, progress and the value of work done against the invoices received, determining the monthly accruals (to have accounts in line with works progress)

  • 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.

  • Prepare Project cash flows.

  • Perform cost analysis and advise project leaders on cost over-runs.

  • Organize and coordinate the risk assessment/ review meetings.

  • Set-up and update periodically the "Risk and Opportunity Register" and the relevant project risk status report.

  • Perform any other related duties as required.

Basic Qualifications:

  • Bachelor’s degree in Business, Finance, Engineering, Constructions Management or related fields.

  • 10 years’ experience in a similar role.

  • Good knowledge of MS Office.

  • Problem-solving Attitude.

  • Ability to work effectively as part of a team to ensure business goals

  • High level of coordination skills to gather cost data from project leaders, finance and accounts department Demonstrated effectiveness in prioritizing multiple tasks, monitoring progress, and managing efforts to meet deadlines.

  • Demonstrated effectiveness in working with others in a multifunctional team

Company Overview:

McDermott is a premier, fully-integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions—from the wellhead to the storage tank—to transport and transform oil and gas into the products the world needs today.

Job Field: Cost

Job Schedule: Full-time

Employee Status: Direct / Regular

Travel Required: Yes, 25 % of the Time

Job Posting: May 14, 2019, 6:14:40 PM

Requisition ID: 1905590

McDermott is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.