Cost Controller
Job Family Group
Job Description
The Cost Controller supports the Project Manager and Project Controls Lead in managing the project cost baseline, forecasts and financial performance. The role is responsible for maintaining reliable cost data, supporting forecasting and reporting activities and providing accurate and timely cost insights to enable effective project decision making.
Job Responsibilities The key responsibilities of the role include:
- Establish project control budgets from approved estimates and schedules, ensuring full understanding of estimate basis, scope, schedule and execution plan.
- Maintain project cost structures, budget, commitments, actuals, accruals, VOWD and cost reports.
- Support cost forecasting, cashflow and variance analysis.
- Review contractor cost reports, invoices, staffing plans, progress quantities and unit-rate information.
- Support progress measurements in collaborative with Project Planner.
- Escalate cost risks, forecast movements, unsupported contractor claims and data quality issues.
- Maintain cost data integrity across reporting systems including CMMS (Maximo, S/4HANA), Excel and Power BI.
- Support change control by assessing cost impact and incorporating approved changes into project forecasts
- Prepare clear inputs for project reporting, including, but not limited to, dashboards and governance reports.
Job Qualifications Core Competency
- Strong knowledge of project cost management, financial governance and cost reporting including budgets, commitments, actuals, VOWD and cash flow management.
- Strong knowledge of forecasting and cost performance management including EAC development, trend analysis and final cost prediction.
- Strong understanding of contractor cost control, change management and performance measurement including invoice verification, cost impact assessment and progress validation.
Demonstrated Experience
- Significant experience in project cost control within Oil and Gas, refining or heavy industrial environments.
- Significant experience in cost controls systems.
- Preferred experience in quantity unit rate reporting on major capital projects and decommissioning projects.
At bp, we provide the following environment and benefits to you:
- A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued
- Possibility to join our social communities and networks
- Learning opportunities and other development opportunities to craft your career path
We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.
Don't hesitate to get in touch with us to request any accommodations!
Travel Requirement
Relocation Assistance
Remote Type
Skills
Legal Disclaimer
Not included in the source posting: about the role, what you'll do, benefits.
Skills
Who can apply
The employer didn't state any visa, work authorization, citizenship or clearance requirements in this posting. Confirm with the employer before applying.
Read automatically from the employer's posting text. Always confirm with the employer — requirements can change after a job is published.