Project Cost Controller – Petrofac Training Services

Petrofac are a leading FTSE 100 company, providing integrated services across the oil & gas asset life cycle in 29 countries worldwide. We design and build oil & gas facilities; operate, maintain and manage facilities and train personnel; enhance production; and, where we can leverage our service capability, we develop and co-invest in upstream and infrastructure projects whilst aiming to become to be the world’s most admired oilfield service company. We are proud to announce that we have recently been awarded 2nd place in the oil and gas category and 5th overall in “Management Today’s Most Admired Companies Awards”. The Management Today awards are voted on by other companies, as well as by analysts at City investment firms – this is a great achievement for our organisation.

Job Description

Adherence to local HSSE policies and procedures
Focal point for commercial matters on Nigerian training contracts.
Perform all tasks and prepare all information in accordance with the company’s policies, processes and procedures.
Prepare regular cost reports for onward submission to clients.
Liaise with procurement and planning departments with respect to project commitments and cost phasing.
Preparation and agreement of comprehensive and regular monthly invoices and valuations and ensuring these are presented to clients in a timely and correct manner.
Provide commercial support to Regional Project Manager in the preparation of annual budgets and re-forecasts.
Assist in Tender commercial and contractual terms and conditions and prepare any necessary risk reviews/ assessments and clarifications or qualifications
Supporting the Regional Project Manager by providing ongoing and regular commercial analysis and information regarding the financial performance of their contracts.
Ensure the commercial and administration requirements for each contract are understood and complied with.
Commercial coordination of sub-contracted services and agreements.
Ensure that internal cost reporting for each contract meets with corporate accounting requirements and that ongoing analysis is being made to track recovery against costs and highlight and resolve any associated issues.
Monitor outstanding debtors and ensure that any commercial problems are addressed and that cash collection is maximised.
Processing of third party invoices, preparation of client billings and assistance in the month/quarterly/half yearly/year end accounting process.
Advise project team on variations
Review of charges to area budget to ensure validity and integrity of accounting distributions and cost allocations apportioned to specific projects
Preparation of cash forecasts for assigned area and liaison with cash and disbursements groups to ensure that all cash requirements are predicted well in advance of requirements.

Desired Skills & Experience

Degree or finance/accounting related professional qualification, e.g. ACA/ACCA
Experience in a similar role
Oil & gas industry experience is desirable
Will be a self-starter and demonstrate a high level of initiative
Will have excellent communication and computer skills
Ability to consistently meet reporting deadlines
Experience in a similar role is essential
Must be a team player
Commercially aware
Knowledge and experience of Nigerian tax regulations
Ability to liaise and communicate with clients ( Internal & External )

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