At a Glance
- Tasks: Enhance costing practices and solve complex problems in a dynamic energy sector.
- Company: Join McDermott, a leader in innovative energy solutions with a century of experience.
- Benefits: Competitive salary, bonuses, and a comprehensive rewards package.
- Other info: Collaborative environment with opportunities for growth and mentorship.
- Why this job: Make an impact in the energy transition while developing your expertise in cost controls.
- Qualifications: Bachelor's degree or 7-10 years in a similar role; strong Excel skills required.
The predicted salary is between 142856 - 180599 $ per year.
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.
Salary Range: $142,856 - $180,599. The range provided is for contracted hours only. In addition, McDermott offers a competitive total rewards package, including project up-lift and bonuses.
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.
- 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.
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 Cost role.
- Good knowledge of MS Office with advanced Excel spreadsheet skills.
- Experience with cost trend analysis, variance analysis and forecasting.
- 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.
- Good communication skills and ability to demonstrated effectiveness in working with others in a multifunctional team and with leadership.
- Has good working knowledge and understanding of cost, schedule, estimating, and accounting interfaces.
- A basic understanding of JD Edwards is a plus.
Preferred Qualifications and Education
- A basic understanding of JD Edwards is a plus.
Senior Cost Controls Specialist in Squamish employer: McDermott International, Ltd
At McDermott, we pride ourselves on fostering a dynamic work environment that encourages innovation and professional growth. As a Senior Cost Controls Expert in Canada, you will benefit from our commitment to employee development through mentorship opportunities and a collaborative culture that values your expertise. Join us to make a meaningful impact on project success while enjoying competitive benefits and a supportive team atmosphere.
Contact Details:
McDermott International, Ltd Recruitment Team
