Senior Cost Controls Specialist

Location: The Hague

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 act as a resource for colleagues and share their conceptual and practical expertise related to the cost discipline. The specialist solves complex problems and uses discipline-specific knowledge to improve products or services, impacting a range of customer, operational, project, or service activities.

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

Qualifications

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

7-10 years of experience in a similar role

Good knowledge of MS Office

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

Demonstrated effectiveness in working with others in a multifunctional team

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

A basic understanding of JD Edwards is a plus

#J-18808-Ljbffr