Lead Cost Controller

Vacancy number • 01E1A21D47B4D2F481A6E905B44F61BC

Lead Cost Controller

  • Singapore
  • Closes June 25
  • 0 hours

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About this job

  • Industry:
  • Area of expertise: Embedded Software
  • Location: Singapore

What is required?

  • Hours per week: 0
  • Education level:

About this role

To lead a team of cost controllers to efficiently perform the cost control process for the assigned project(s), including regular project cost status reviews, cost variance analysis, and reporting to relevant stakeholders.

Core Responsibilities

  • Coordinate all efforts to collate and compile the necessary information to support timely cost data consolidation, analysis, and reporting.
  • Develop project cost control procedures in accordance with project requirements and corporate standards, ensuring proper implementation throughout the work.
  • Develop and maintain detailed cost control plans using company tools and best industry practices; organize and maintain the integrity of collected cost information.
  • Set up Cost Breakdown Structure and allocate budget, resources, and other required data into the system.
  • Lead the derivation and consolidation of commitments and actual costs by ensuring proper data collection from various systems and offices (e.g., ERP system, timesheet system, construction yards database).
  • Review, analyze, and update accurate forecasts of the assigned project(s) using company standards and best industry practices.
  • Conduct cost performance analysis, including variance, productivity, and Earned Value analysis.
  • Ensure regular reporting is produced and distributed to relevant stakeholders as per company and project requirements, providing details on control budget, commitments, actuals, forecasts, reasons for deviations, and suggested mitigation actions.
  • Lead the reconciliation with the accounting system and accruals derivation; manage the interfaces between Cost Control (cost controllers and/or cost engineers) and Finance (cost accountants) by defining responsibilities, timing, and interface documentation or information.
  • Provide information for currency hedging to Finance.
  • Review and analyze Change Order requests and/or potential variations that impact project budget and forecasts, and maintain an appropriate register.
  • Establish appropriate coordination with other project functions to ensure compatibility with Cost Control requirements and timely information flow.
  • Contribute to and participate in the Project Risk Management process by providing cost input and identifying potential budget and forecast impacts for risk occurrences.
  • Perform cost risk quantitative analysis to define accurate contingency reserves using company tools and best industry practices.
  • Mentor, train, and develop cost control staff as required.
  • Assist in setting goals and reviewing the performance of assigned project cost control team members.
  • Collate and submit lessons learned and historical data to relevant stakeholders.
  • Report to Project Controls Department Manager or Cost Control Section Lead when not assigned to a specific project.
  • Report to Project Controls Manager or another Project Controls position based on project complexity and relevant organogram (e.g., Cost Control Manager, Cost Control Supervisor).
  • Deal extensively with internal stakeholders such as Finance, Engineering, Planning, Document Control, Project Management, Procurement, Construction, Contracts, Quality, Operations, etc.
  • Frequently interact with yards and engineering subcontractors on all aspects related to cost control and invoicing.
  • Occasionally interact with the client’s cost control representative if required by the project and delegated by the direct report.

Educational Qualification

Degree in Engineering, Science, Business Management, or Operations Management.

AACE certification (CCT or CCP) will be advantageous.

Relevant Experience

  • 10 years of cost engineering experience in the Oil & Gas industry specific to FPSO projects or
  • 15 years with other industries with an understanding of the technical knowledge of Oil & Gas processes
  • Previous working experience in a lead role is preferred.

Brunel in the United States

Brunel is a leading provider of recruitment and workforce solutions throughout Asia and around the world. We excel at connecting specialist jobseekers with employment opportunities across conventional and renewable energy, life sciences, mining and manufacturing.

Our extensive network is comprised of 20 offices throughout Asia, including Brunel’s regional headquarters in Singapore and satellite offices across China, Japan, Malaysia, Indonesia, Thailand, Vietnam, South Korea and Taiwan + a further 100 locations worldwide.

At Brunel, we believe that safety is not just a priority, but a value that is integral to our company culture at all levels of our organization.

  • We establish measurable objectives and targets, consistently reviewing our activities, risks, legal obligations, and performance.
  • Brunel Americas is a proud member of Houston Business Roundtable, & Utah Safety Council, and a participant of ISNetworld RAVS Plus Audit.
  • Brunel consistently utilizes performance measuring and monitoring. This includes meticulous record keeping and routine inspections.

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While compensation is important, finding the right cultural fit is equally crucial. At Brunel, our longstanding cultures and values have contributed to a positive employee experience, which is why some candidates have chosen to stay with us for 30 + years.

  • Our values are at the center of everything we do –Entrepreneurship, Integrity, Results-driven, & Passion for people.
  • Brunel is committed to an inclusive workforce and we understand that Diversity, Inclusion, and Belonging are essential for a successful working culture, business, and community. Thus, Brunel takes both a global and regional approach to DE&I.

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At Brunel, we prioritize candidate’s career abilities and needs even before the hiring process begins.

  • With open lines of communication and a dedicated team assigned to every contractor, we strive to make every employee experience with us as easy and seamless as possible.
  • Our contractors create and maintain lasting industry relationships that can be leveraged throughout their career.
  • We prioritize employee needs in order to build strong partnerships that support our employees’ long-term professional success and development.

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Any questions remaining?

Your consultant, Singapore is happy to clarify anything about this vacancy. When reaching out, use the pub number: 01E1A21D47B4D2F481A6E905B44F61BC

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