Cost Controller

Our client an oil and gas Operator is seeking a Cost Controller to join their Finance team for a 2- year contract position based in Barrow-in-Furness location. Hybrid working is in place for this role.

Purpose of Role:

Responsible for supporting the Cost Control Lead in providing control to budget holders; supporting cost control of key services contracts and assuring the procure to pay process is being followed and for supporting all elements of procurement, variation control, time-writing and cost forecasting to ensure proactive cost management and alignment with workscopes requirements as well as provide SAP administration support.

Key Role Deliverables:

Working closely with the Cost Control Lead, the Cost Controller will be responsible to

• Deliver cost reporting and cost control on nominated categories of spend and create baselines.
• Support the preparation of monthly accruals and OPEX forecasts, maintaining cost trackers to support month-end close
• Extract and analyse SAP data, including Value of Work Done (VOWD), liaising with JREs (Job Responsible Engineers) and Finance teams
• With support provide variance analysis to baselines, control estimates, business plan and monthly forecasts.
• Support the cost control lead in the review of monthly contract cost reports against Business Plan, analysing variances and highlighting waste, risks, and errors
• Conduct time writing analysis across operated assets, following up on late or missing timesheet entries
• Support the P2P process
• Review and raise and manage Purchase Requestions;
• Review and maintain Purchase Orders, ensuring accuracy, relevance, and timely closure of completed POs
• Provide assurance on newly raised POs, verifying correct coding and adherence to Procure-to-Pay processes
• Raise and process service entries for invoices and proformas in SAP
• Review Change Order requests to ensure Purchase Order (PO) uplifts are approved prior to work commencement
• Support the review of the rental hire usage to identify and reduce unnecessary spend
• Participate in internal and supplier meetings to support cost control and financial governance
• Any other associated duties as reasonably required

Work Experience

• Knowledge of production/maintenance operations gained through experience of working in the oil and gas industry
• You should have team leader skills, underpinned by supervisory experience.

Technical Skills

• Previous experience in SAP
• Competent in Microsoft excel
• Good numerical and analytical skills
• Close attention to detail

Qualifications

• HNC in Business Management or a developing professional

• Some experience in Finance, Cost Control or Commercial Administration, with a preference for a candidate with experience ideally in Operator and Contractor organizations in the Oil and Gas sector desirable
• Previous experience in the Budgeting, Forecasting, and Cost Control and Procure to Pay process desirable