Cost Controller

We are partnering with our client, a leading organization in the oil and gas sector, to appoint a Cost Controller for their expanding Decommissioning Programme in Dubai on a permanent basis.

Key Responsibilities:

• The Cost Controller is responsible for end-to-end cost control, forecasting, and financial reporting for offshore and onshore decommissioning campaigns.
• The role ensures robust cost governance, alignment between engineering estimates and execution trends, and proactive identification of cost risks across vessel operations, fabrication, dismantling, logistics, and contractor interfaces.
• This position plays a critical role in supporting safe, efficient, and cost-effective delivery of the Decommissioning Programme as activity levels and campaign complexity increase.
• Maintain accurate cost forecasts (Forecast at Completion - FAC) for all assigned decommissioning projects and campaigns.
• Track actual costs against approved Authorization for Expenditure (AFE) / budgets, identifying trends, variances, and risks early.
• Provide clear cost visibility for vessel utilization, marine spreads, lifting operations, fabrication, Diving Support Vessel (DSV) operations, disposal and scrap logistics.
• Ensure alignment between engineering estimates, contractor pricing, and execution reality.
• Prepare and submit monthly cost reports for decommissioning projects, including commitments, and forecast-to-complete.
• Provide monthly accruals to Finance based on progress reporting, milestones, and contract terms.
• Support monthly management reporting with clear, concise financial summaries for senior stakeholders.
• Track and manage purchase orders, commitments, variations, and change orders.
• Verify contractor invoices for commercial and contractual compliance, including validation of reimbursable manpower and vessel day rates where applicable.
• Perform monthly timesheet and manhour analysis (employees, direct hire and contractors) against approved AFE budgets.
• Identify cost trends, productivity issues, and potential overruns linked to manpower deployment.
• Support management with clear visibility of resource-driven cost exposure.
• Monitor cost impact of scope changes and support updates to FAC and management approvals as required.
• Support cost input into change requests, justifications, and approval workflows.
• Support financial close-out of decommissioning projects, including reconciliation of final costs and commitments.
• Provide financial input into Gate reviews and close-out presentations.

Educational

Qualifications:

• Finance Degree.
• Oracle
• Advance Microsoft Excel skills.

Experience Profile:

• 5+ years' relevant experience as a Cost Controller for Projects within the oil and gas industry.

Competencies/Skills/Others:

• Sound knowledge of Construction and Commissioning Management, Processes and Controls.
• Effective communicator to convey ideas, expectations, and information to their team, stakeholders, and clients.
• Highly organized to manage multiple tasks, timelines, and resources simultaneously.
• The ability to work under pressure and manage tight deadlines.
• Effective working within multi - cultural team.
• Excellent oral and written English communication skills.