Principal Cost Controls Specialist

Location: The Hague

Job Overview
The Principal Cost Controls Specialist interprets internal or external business issues and recommends best practices to improve cost and schedule. They will be tasked with solving complex cost management problems and will work independently with minimal guidance. The Principal Cost Controls Specialist may be required to guide junior personnel. As such, they must have in-depth expertise in costing and broad knowledge of the costing discipline within the project controls function.

Responsibilities

Implement McDermott processes and systems on projects

Lead the project controls team on large and highly complex EPC projects

Implement constructability concepts, (the how it’s built) and related interdependencies between Engineering, Procurement, Fabrication, and Construction in support of the Advanced Work Planning (AWP) process

Support the development of the Work Breakdown Structure (WBS) on complex projects with multiple partners and compensation types

Implement internal and contractual requirements on the project via the project controls execution plan

Lead setup and implementation of project controls systems

Responsible for the accuracy of project controls reports

Analyze and interpret cost forecasting and trending

Recommends solutions or recovery plans for problem areas

Lead preparation and review of the project monthly forecast

Support the project controls team in development of the cost spread and cash flows

Participate in proposal development, commercial alignment and project kickoff processes

Supervise and train junior personnel in all aspects of cost reporting

Lead the set up and maintenance of the progress measurement system

Implement and support the Change Management process

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

Lead project reviews conducted with the client and internal management

Support the development and implementation of the Project Risk and Opportunity process

Participate or lead the weekly and monthly cost and schedule review meetings

Manage and maintain good client relations

Actively look for areas of improvement on project and company standards

Create Weekly/Monthly/Quarterly Reports

Assist in resource planning, recruiting, mentoring, and evaluations

Qualifications

Bachelor’s Degree in Business, Finance, Engineering, or Construction Management is preferred or

10+ years of experience in Project Controls

Must have experience in a large-scale mega-project in Oil & Gas and Offshore Construction

Highly competent in the use of critical project management concepts such as EVM, project planning, risk analysis, and progress measurement)

Experienced in Microsoft Office applications

Project Management Professional is a plus

Understanding of Cost and Progress management systems is a plus

Work independently with little or no supervision

Great communication and presentation skills, both written and spoken

Experienced in both Cost and Schedule with a focus on Cost Management

Understand the relationship between estimating, cost management, progress, schedule, and project accounting

Basic understanding of JDE Edwards is a plus

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