Cost Controller

Job Description

Cost Controller – Midstream Oil & Gas

Cost Control Lead experienced in providing budgeting, reporting and controls for oil and gas industry. This position is singularly responsible for all program cost control deliverables.

Essential Functions:

• Manage the development of the Value of Work Done / Earned Value for each reporting period with variance descriptions to original budget and prior period forecast
• Compile and track commitments as input into Value of Work Done
• Lead the technical team in updates for remaining forecast and estimate updates while providing historical data and trends
• Incorporate Value of Work Done and Cost Forecast Update into the month end presentation
• Prepare cash forecasting and track committed dollars for all operating costs and any project AFEs
• Assist in Monthly, Quarter and Year-End accruals
• Perform monthly variance analyses between budget/forecasted and actuals and review with technical team to reconcile discrepancies
• Maintain and apply WBS to AFEs
• Calculate and facilitate allocations from shared services AFEs to projects
• Review Order requests against budget and schedule and provide coding
• Manage order and AFE closeout
• Work with Technical Team to develop budget
• Prepare long range financial plans with analysis on variances between cycles
• Perform reconciliations including invoice actuals and allocations, ensuring correct coding is applied
• Special projects, as needed

Qualifications:

• Seven years plus of experience in oil and gas CAPEX cost control
• MS Office Suite, advanced Excel
• Power BI preferred
• Organized and self-motivated
• Must be able to manage multiple tasks simultaneously with changing priorities and deadlines
• Strong organizational, oral and written communication skills required
• Bachelor’s degree preferred