MODEC Job Vacancy For Cost Controller

Job Title: Cost Controller

Responsibilities

• Populate and maintain a sufficient tracking, dashboard, reporting, and forecasting structure to display cost efficiencies and synergies being realized by the One Team approach in the Ghana Operation.
• Interact with supplier to ensure performance indicators are being met, including periodic reviews and real-time performance feedback to support CRB discussions on renewals and new tenders for services
• Input, review, and adjust assumptions and actuals in the budgeting tool (OPE$T) and the MODEC CMMS system in Ghana (Maximo) to ensure accuracy of output reports in relation to forecasting and ongoing maintenance costs at a system level.
• Ensure current CMMS workflows exist to assign accountability for annual budgets at a system level in the Ghana business unit
• Review and approve orders in CMMS from a Cost Control perspective to ensure work scopes are being accurately assigned to budgeted systems and per MODEC work breakdown structure (WBS) code
• Ensure and populate accurate costs and committed values to OPEST for budgeting and reporting (whether from Maximo or other ERP sources).
• Prepare monthly cost data to ensure accurate, timely reporting and sufficient explanation of the unbudgeted O&M costs, non-O&M costs, and O&M savings realized per both client and MODEC timelines
• Prepare and compile actuals to support KPI scheme reporting and trend analysis against BIF for improvements as it relates to annual budgeting process and mapping to actual maintenance plan. This also includes the populating of the KPI scheme for JEAM and managing/realizing the synergies between the two schemes
• Identify and propose synergy opportunities between Jubilee and JEAM FPSO Operations to take advantage of economies of scale, bulk discounting, and shared inventory management
• Communicate and support onshore and offshore contract and budget owners, providing measurements to their spend accuracy compared to annual budgets, and obtaining explanations on variances in monthly reporting to support improved forecasting
• Populate and update MPSG contracts register and improve the utilization of master service agreements instead of Purchase Orders, including measuring the progress of improving the % of Service Agreements vs. Purchase Orders and ensuring synergies proposed for both vessels are acceptable and achieved
• Serve as backup and delegate to Cost & Contracts Lead as and when needed

Qualifications

• Bachelors and/or Master’s Degree in Finance or Accounting or Economics or Engineering

• 3-5 years of experience in a finance or accounting or FPSO operations
• Knowledge of finance, accounting, budgeting, and cost control principles preferred, including Generally Accepted Accounting Principles and/or International Financial Reporting Standards.
• Knowledge of technical and engineering basics of an FPSO operation preferred.
• Knowledge of automated financial, accounting, and budget reporting systems preferred.
• Knowledge of FPSO industry and experience in supplier contract management preferred
• Working knowledge of short and long term budgeting and forecasting, rolling budgets, and product-line profitability analysis preferred.