McDermott→
Senior Cost Controls Specialist at McDermott in Houston, TX
ExperiencedOn-siteFull-timeHouston, TX
Job Description
Senior Cost Controls Specialist
Location: Houston, TX, United States
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.
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
- Monitor variations from the scope of work, capture, maintain, and assess related impacts
- 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
- Good knowledge of MS Office and must have Advanced Excel skills
- 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
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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.