Project Cost Controller
Wood PLC

JOB DESCRIPTION

Wood is currently seeking an experienced Project Cost Controller. As the Project Cost Controller, you will be responsible for independently applying project cost controls and systems necessary to effectively analyze and pro-actively manage, control, and report on cost for concurrent projects located at an active chemical manufacturing plant.

RESPONSIBILITIES

• Integrate cost reporting with the company's accounting and management information systems to facilitate meeting company performance and financial goals.
• Work with Project Manager to establish WBS, set up project controls, change management and cost reporting for each project.
• Monitor cost of engineering, equipment, subcontractors, and travel against established budgets.
• Identify and understand the basis of established budgets derived from the original work scope.
• Be aware of and assist with capital project procurement activities.
• Prepare presentation materials and participates in Project Management meetings.
• Prepare/review cost reports with explanation of variances and root causes.
• Forecast costs for current and/or future analysis and flag early warnings for corrective action.
• Process and track budget transfers and change orders.
• Prepare job end cost reports.

• Bachelor's degree in Accounting, Engineering, Business Administration or similar required.
• 10+ years' relevant experience in capital projects or construction supporting the chemicals, oil & gas, or petrochemical industries.
• Advanced knowledge of cost control and project management software and techniques.
• Understanding of the Project Management process and general knowledge of the engineering work involved.
• Solid understanding of internal factors which affect project costs.
• Experience providing project cost, risk analysis, cash flow status and forecasts for projects.
• Ability to analyze and perform variance analysis between actual and budgeted costs.
• Demonstrated ability to consolidate and analyze information from various sources.
• Proficiency with MS Office (primary focus on Excel and advanced knowledge of formulas, pivot tables, conditional formatting and creating graphs).
• Exceptional organization & project planning skills.
• Knowledge of purchase orders and the ability to review them for accuracy and alignment.
• Ability to find documentation and extract needed information to set budgets and open projects.
• Understanding of billing types, how rates are built up, earned value is and how it's calculated.
• Experience reviewing invoices, understanding project costs and how to determine and recommend ways to maintain budget.
• Experience with SAP a must.
• Ability to work in a team environment and willingness to assume additional or new responsibilities.