Cost Controller

N+1:
Senior Business Analyst
N+2:
Head of Cost Controlling

Embedded within the business, the Cost Controller supports effective financial stewardship by providing cost transparency, sound budgetary control and timely financial insight. The role promotes good cost control practices in line with applicable accounting standards, internal policies, governance requirements and delegation of authority, while partnering with operational and technical teams to support informed decision-making and a strong cost-conscious culture.

• Works across multiple departments and stakeholder groups, adapting to changing business requirements and priorities.
• Supports annual budget, forecast and planning cycles by reviewing work programs, cost assumptions, phasing and financial impacts.
• Performs monthly cost control and financial close activities, including review of actuals, commitments, accruals, cost allocations and value-of-work-done information.
• Provides financial and budgetary validation across the Procure-to-Pay cycle, including Purchase Requisition s, Purchase Orders, Service Entry Sheets and invoices, as applicable.
• Monitors contracts, commitments and expenditure trends and highlights potential cost, budget, contractual or payment risks in a timely manner.
• Maintains regular interaction with business entities, Supply Chains, Finance, project teams, service providers and other relevant stakeholders.

• Support preparation of annual budgets, forecasts and management updates in close collaboration with business and technical stakeholders.
• Prepare and review necessary SAP financial entries and support documentation for period-end close, including accruals, cost allocations and other required adjustments.
• Collect, organize, challenge and validate cost information so that financial records appropriately reflect business activity, contractual progress and value of work done.
• Prepare and support monthly cost reporting, variance analysis, trend analysis and explanations against budget, forecast, commitments and actual expenditure.
• Monitor project and departmental costs from planning through execution and completion, providing early visibility of deviations, risks and opportunities
• Validate Purchase Requisition s and Purchase Orders from a cost control perspective, including budget availability, coding, allocation, commercial support and compliance with applicable governance.

• Acts as a visible Finance partner to the business, maintaining open and constructive communication with stakeholders.
• Develops a strong understanding of the activities, work programs, contracts and cost drivers of the departments supported.
• Works closely with spenders, project engineers, operational teams and Finance colleagues to ensure timely and reliable financial information.
• Operates within defined Finance calendars and tight reporting deadlines while maintaining quality, accuracy and control.
• Escalates significant changes in scope, cost, forecast, commitments and execution plans at an early stage.

Demonstrate Learning Agility and Drive Innovation Improve Safety, Technical Proficiency and Results Communication Skills Focusing on Quality Detail Orientation Accounting Fundamentals (Cost Control) Cost Control Tools General Taxation Knowledge (Cost Control) Control - Cost Control Cost Control Coordination Budget & Cost Management and Control

• Degree in Accounting, Finance, Engineering, Business or a related discipline; a relevant professional certification is an advantage.

• Technical

  • Relevant experience in cost control, financial control, project controls or a comparable finance role; experience in the oil and gas/upstream sector is preferred.
  • Good understanding of budgeting, forecasting, accruals, cost allocations, commitments, invoice control and Procure-to-Pay processes.
  • Good knowledge of SAP and strong analytical capability in Microsoft Excel; experience with Power BI or similar reporting tools is an advantage.
  • Experience with SAP S/4
    
    HANA and SAP Analytics Cloud (SAC) is a plus.
  • Understanding of supply chain processes, contracts, financial governance, Delegation of Authority and accounting principles relevant to a large organization.

  Soft Skills

  • Strong communication skills with the ability to translate financial information for technical stakeholders and technical information for Finance…