Senior Cost Controls Specialist

Location: Squamish

Job Overview
The Senior Cost Controls Specialist uses best practices and knowledge of internal or external issues to improve the costing discipline within McDermott. They will act as a resource for colleagues with less experience and share their conceptual and practical expertise related to the cost discipline. The Senior Cost Controls Specialist solves complex problems and uses their discipline-specific knowledge to improve their products or services.

The Senior Cost Controls Specialist impacts a range of customer, operational, project, or service activities.

Job Description
Salary Range: $142,856 - $180,599. The range provided is for contracted hours only. In addition, McDermott offers a competitive total rewards package, including project up-lift and bonuses.

Key Tasks and Responsibilities

Understands constructability concepts, workflow processes (the how it's built) & related interdependencies between Engineering, Procurement, Fabrication, and Construction

Able to understand and apply contractual requirements and implementation on the project via the project controls execution plan

Set up and implement project controls systems

Set up and maintain project controls reports

Adheres to McDermott's internal project controls processes

Analyze and interpret cost forecasting and trending

Recommend solutions or recovery plans for problem areas

Prepare Project Forecast monthly

Assist finance in preparation of the project cash flows and cost spread

Participate in proposal development, commercial alignment, and project kickoff processes

Train junior personnel in all aspects of cost reporting

Monitor variations from the scope of work, capture, maintain, and assess related impacts

Set up and maintain the progress measurement system

Lead change management efforts, including building of cost estimates and applying or managing amendments to the contract

Implement and support the Change Management process

Support the Subcontract Management team in verification of progress and earned value against invoices received

Support determining the required monthly accruals that are processed by accounts payable

Monitor cost coding system is properly applied, and information flow is correct and complete

Analyze committed costs and activities to date, actual vs budget, performance, and productivity

Perform any other related duties as required

Essential Qualifications and Education

Bachelor's degree in Business, Finance, Engineering, Construction Management, or related fields or

7-10 years of experience in a similar role Cost role

Good knowledge of MS Office with advanced Excel spreadsheet skills

Experience with cost trend analysis, variance analysis and forecasting

Problem-solving attitude and high level of coordination skills

Ability to understand the project scope, schedule, and its relationship to cost and progress

Demonstrated effectiveness in prioritizing multiple tasks, and managing efforts to meet deadlines

Good communication skills and ability to demonstrated effectiveness in working with others in a multifunctional team and with leadership

Has good working knowledge and understanding of cost, schedule, estimating, and accounting interfaces

A basic understanding of JD Edwards is a plus

Preferred Qualifications and Education

A basic understanding of JD Edwards is a plus

About Us
Our ingenuity fuels daily life. Together, we've forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.

For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.