Demo

Associate Cost Controls Specialist

McDermott
Port Arthur, TX Full Time
POSTED ON 2/19/2025
AVAILABLE BEFORE 5/4/2025

Job Overview :

The Associate Cost Controls Specialist is responsible for utilizing existing Costing procedures to solve routine or standard problems. They receive instruction, guidance, and direction from others within the team, and they will leverage their conceptual knowledge of theories, practices, and procedures related to Costing and Project Controls.

Key Tasks and Responsibilities :

Under Direct Supervision

Provide essential administrative and support functions to the cost controls team within the EPCI (Engineering, Procurement, Construction, and Installation) industry

Assist in the implementation and execution of administrative processes and procedures to facilitate efficient cost controls operations, including budgeting, forecasting, and cost tracking

Collaborate with project teams and stakeholders to gather and organize project cost data, ensuring accuracy and completeness in data entry and documentation

Support the preparation of detailed weekly and monthly cost and progress reports to Management and to the client These reports must accurately reflect all aspects of performance including Cost and Schedule

Conduct basic cost analyses, such as cost trending and variance analysis, to identify discrepancies and assist in cost-saving initiatives

Have knowledge of contractual obligations such as contract type, change management, invoicing processes, reporting, and interfaces

Assist in the implementation and maintenance of the cost control system, ensuring accurate and up-to-date data for cost reporting and analysis

Support the cost controls team in routine administrative tasks, contributing to process improvement initiatives and fostering a collaborative work environment

Assist in forecast development, such as updating staffing and equipment plans, procurement reports, subcontract reports, and performance analysis

Assist with change order preparation and processing

Analyze committed cost and activity to date, actual vs. budget, performance, and productivity

Assist in the development and maintenance of the project's cash flow

Essential Qualifications and Education :

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

0 to 4 years of experience in a similar role or combination of technical training or construction experience that can be transferred to this role

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

Good knowledge of MS Office

Problem-solving attitude

Attention to detail and accuracy in data entry, documentation, and report preparation

Effective communication and interpersonal skills to collaborate with project teams, stakeholders, and other administrative functions

Proactive and eager to learn, with a willingness to take on new responsibilities and contribute to team goals

Familiarity with relevant industry regulations, standards, and basic contract management principles

Ability to maintain confidentiality and handle sensitive information with professionalism and discretion#LI-EB2

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

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Associate Cost Controls Specialist?

Sign up to receive alerts about other jobs on the Associate Cost Controls Specialist career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$54,130 - $69,968
Income Estimation: 
$60,636 - $78,492
Income Estimation: 
$74,615 - $94,187
Income Estimation: 
$94,885 - $121,410
Income Estimation: 
$67,547 - $87,789
Income Estimation: 
$74,222 - $103,071
Income Estimation: 
$103,110 - $134,766
Income Estimation: 
$74,222 - $103,071
Income Estimation: 
$95,422 - $120,607
Income Estimation: 
$137,303 - $192,299
Income Estimation: 
$94,885 - $121,410
Income Estimation: 
$117,113 - $153,997
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at McDermott

McDermott
Hired Organization Address Sabine Pass, TX Full Time
Job Overview: The Associate Subcontracts Specialist is responsible for utilizing existing Subcontracts procedures to sol...
McDermott
Hired Organization Address Sabine Pass, TX Full Time
Short Description for Internal Candidates The Coordination Spec is responsible for applying existing knowledge and exper...
McDermott
Hired Organization Address Sabine Pass, TX Full Time
Job Overview: The Manager Subcontracts requires an in-depth understanding of subcontract concepts, theories, and princip...
McDermott
Hired Organization Address Washington, DC Full Time
McDermott (McDermottPlus) is a Washington DC-based healthcare consulting and data analytics firm, serving a wide range o...

Not the job you're looking for? Here are some other Associate Cost Controls Specialist jobs in the Port Arthur, TX area that may be a better fit.

Associate Cost Controls Specialist

McDermott, Sabine Pass, TX

Senior Cost Controls Specialist

McDermott International, Ltd, Sabine Pass, TX

AI Assistant is available now!

Feel free to start your new journey!