Job Title
Lead Cost Controller
Contract Type
Permanent / Contract (local package)
Work Location
Singapore, office-based (with project support responsibilities)
Overview
An established international energy and engineering organisation is seeking a Lead Cost Controller to oversee cost management for large-scale projects. This role will lead a team of cost controllers, ensuring accurate project cost tracking, analysis, forecasting, and reporting. The successful candidate will provide strategic oversight of project budgets while mentoring staff and supporting decision-making for project financial performance.
Key Responsibilities
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Lead the cost control team to efficiently perform project cost management activities
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Develop, implement, and maintain cost control procedures in accordance with project and corporate standards
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Maintain detailed cost control plans, ensuring integrity and completeness of cost information
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Set up cost breakdown structures, allocate budgets, and integrate data into project systems
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Collect and consolidate cost data from multiple sources, including project offices, timesheets, and construction sites
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Review, analyse, and update project forecasts using industry best practices
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Conduct cost performance analysis, including variance, productivity, and earned value assessments
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Produce and distribute regular reports to stakeholders detailing budget status, commitments, actuals, forecasts, deviations, and mitigation actions
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Reconcile project costs with accounting systems and manage interfaces between cost control and finance functions
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Provide input for financial hedging and risk management related to project costs
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Review and analyse change order requests and variations impacting project budgets and forecasts, maintaining accurate registers
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Coordinate with other project functions to ensure timely flow of cost information
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Contribute to project risk management by identifying cost impacts of potential risks
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Perform quantitative cost risk analysis to define appropriate contingency reserves
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Mentor, train, and develop cost control staff, including performance reviews and goal setting
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Capture lessons learnt and historical cost data for continuous improvement
Qualifications
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University degree in Accounting, Finance, Engineering, or related discipline
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Professional accounting certification (CPA, ACCA, CGMA) is advantageous
Experience and Skills
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Minimum 7–10 years of experience in project cost control within the oil and gas or energy sector
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Proven experience leading a cost control team
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Strong analytical and problem-solving skills with attention to detail
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Proficiency with project cost control systems and Microsoft Office applications
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Excellent communication, leadership, and team development skills
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Ability to work under pressure and manage multiple tasks simultaneously