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Principal Cost Controls Specialist

Job in Greater London, London, Greater London, W1B, England, UK
Listing for: McDermott
Full Time position
Listed on 2026-05-23
Job specializations:
  • Engineering
    Electrical Engineering, Energy Management/ Efficiency
Salary/Wage Range or Industry Benchmark: 60000 - 80000 GBP Yearly GBP 60000.00 80000.00 YEAR
Job Description & How to Apply Below
Location: Greater London

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.

Job Description

We are currently exploring potential candidates for an upcoming role le this position is not yet open for active recruitment, we want to connect with talented individuals who may be interested in future projects with us. If you are passionate about building energy's future and want to be considered when this role becomes available, we encourage you to submit your details.

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

Key Tasks and Responsibilities:

  • Lead the project cost team on a large EPC LNG project
  • Support the development of the Work Breakdown Structure (WBS)
  • Implement internal and contractual requirements on the project via the project controls execution plan
  • Lead setup and implementation of project cost systems
Qualifications

Essential Qualifications and

Education:

  • Bachelor’s Degree in Business, Finance, Engineering, or Construction Management is preferred
  • Ten plus (10+) years of experience in Project Controls
  • Must have experience in a large-scale mega EPC projects in Oil & Gas Construction
  • Highly competent in the use of critical project management concepts such as EVM, project planning, risk analysis, and change management)
  • Experienced in Cost with a focus on Cost, Risk and Change Management
  • Basic understanding of JDE Edwards is a plus
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