Cost Controller

Requisition ID
Work Location
Department / Discipline
Project Control
Position Type
Agency / Contract

Overview / Responsibilities

Cost Controller


Wood is currently recruiting a Cost Controller to provide all aspects of project cost control, cost forecasting and cost reporting to the project team and Client in accordance with Wood procedures.


What you will be doing:

  • Responsible for personal safety and working within the provisions and guidelines of the Wood HSE processes
  • Responsible for working within the provisions and guidelines of the Wood Quality Assurance systems and processes
  • Assist in the development and maintenance of Project Work Breakdown Structure (WBS) for specific scopes of work (SOW).
  • Assist in the development of project budgets in accordance with the SOW, project cost estimate and CTR Catalogue.
  • Manage the project work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
  • Assist in the development and maintenance of project cost plans using appropriate software applications
  • Monitor and control cost commitments and expenditures through all phases of project lifecycle
  • Liaise with planning as required to ensure accuracy in project cost phasing and forecasting.
  • Liaise with procurement, finance and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour costs. Ensure costs are allocated accurately in accordance with approved project WBS.
  • Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule and cost forecast.
  • Provide copies of project cost performance reports in accordance with project reporting requirements
  • Produce and issue updates to project cost forecasts
  • Monitor and report on cost impact of project manpower forecasts
  • Assist in the development and issue of project change orders / variations in accordance with engineering and construction change notifications
  • Communicate cost and schedule impact of change notifications.
  • Monitor overall project cost performance and contingency drawdown.
  • Attend project meetings as required.
  • Assist in the project cost close-out process.
  • Attend cost & estimate risk analysis sessions as required
  • Assist with audits to ensure compliance with relevant Wood Cost procedures
  • Provide guidance and support to junior project controls staff as required

Skills / Qualifications

You should have:

  • Degree in relevant technical or business discipline or can be substituted by suitable industry experience.
  • Knowledge and application of Cost Engineering principles.
  • Understanding of engineering and construction projects in the oil and gas industry, preferably in both onshore and offshore environment
  • Knowledge of Computerised cost management and reporting systems preferred together with ability to consolidate cost data from a number of sources for overall presentation.

Company Overview

Wood is a global leader in engineering and consultancy across energy and the built environment, helping to unlock solutions to some of the world’s most critical challenges. We provide consulting, projects and operations solutions in more than 60 countries, employing around 40,000 people.

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

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