Subsurface & 20k Cost Controller

January 14, 2021
  • Location: Houston, Tx
  • Type: Contract
  • Job #10363

SUBSURFACE & 20K COST CONTROLLER required by our Client, an oil and gas operator, to be hired on a contract basis, located in Houston, TX

Duration: 1-year contract


The Job Holder will hold this position up to the Project FID and beyond if approval to proceed is received. The project management and controls teams will be based in the client location. During this FEED phase, the position holder shall be responsible for managing the Wells and Drilling/Completion, the Geosciences and the 20K package costs through integration of cost data and cost control processes (i.e. cost reporting, forecasts, commitments, budgets, VOWD, variance analysis, contingencies, period close & reconciliation, earned value progress, trend analysis, etc.) and tools by working with project stakeholders (i.e. project management & leads, HQ, Finance & JVA, vendors & subcontractors, partners, etc.). The job holder will perform this work in accordance with Corporate, client and Project rules, guidelines and procedures.


  • Overall responsibility for all Drilling & Wells, Geosciences and 20K package cost control activities including:
  • Review, monitor and analyze committed, expended, earned values, and forecasted costs for package against approved budget and approved changes
  • Stands together by coordinating with Project Team Leads to review data to ensure commitments, schedule requirements, and risk items are accurately represented in the project forecast
  • Prepare cost reports; ensure variances, incurred, committed, budgets, and forecasted costs are properly explained and communicated to the project team
  • Track use of contingency, management reserve, and approved changes to project budget
  • Analyze, track, and report project (or contract specific) financial KPIs, and communicate their status to the project team
  • Participate in project meetings when required; gather, prepare, and analyze data for Risk Assessments; ensure risk information is incorporated into the project forecast
  • Support contracts and procurements for bidding, tendering, contract selection, and change management as required
  • Manage procurement to pay process including ensuring invoices are paid timely
  • Document processes and procedures as required by project or HQ directives
  • Identify opportunities for improvement to forecasting and other project cost control methodologies and document as lessons learned
  • Promote a culture of safety, health, and environment
  • Participate in project digitalization to promote efficiencies, synergies, and simplification
  • The role will evolve into a package cost control role for the Project Execution phase.
  • The job holder will have to liaise actively with Project Management and related Drilling, Geosciences and 20K Package and Line Managers for the performance of the above duties.
  • The job holder is also accountable for demonstrating an exemplary behaviour with regard to HSSE rules & requirements, with regards to the Company Ethics and “Code of Conduct” policy and for implementing and controlling these rules and requirements within the said area of responsibility.


  • Bachelor’s degree in business management or similar
  • 5+ years of experience in major oil and gas project cost control
  • Deep water developments, Drilling & Completions, Geosciences knowledge and experience
  • Excellent organizational ability and commitment to meeting deadlines
  • Requires team spirit with ability to work closely with various stakeholders including but not limited to diverse international teams, vendors & subcontractors, affiliates, HQ, etc.
  • Strong communication and proficient presentation skills
  • Knowledgeable and experienced with cost engineering principles and methods including budgeting and forecasting, change management, management systems/procedures, Cost and Work Breakdown Structures, Earned Value Systems and contingency management.
  • SAP
  • PMP, CPA, AACEi certification a plus
  • Fluent English required.
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