Are you a skilled Cost Controller with experience managing the costs and budgets of major oil and gas projects? Do you enjoy forecasting and reporting project performance across project lifecycles?
Hill International is seeking an experienced Cost Controller to support the expansion of a major offshore oil and gas complex in Libya. The project will be managed from Milan and the successful candidate will be required to have the right to work in Italy.
As the Cost Controller you will be responsible for monitoring, analyzing, and controlling project costs to ensure delivery within the approved budget, while maintaining compliance with contractual, company, and client requirements. You will support the Project Manager and Project Controls Manager by providing accurate cost reporting, forecasting, and variance analysis across the project lifecycle.
Roles and Responsibilities
Cost Planning & Budgeting
* Develop the project cost control plan in alignment with the Project Execution Plan (PEP).
* Establish and maintain the Cost Breakdown Structure (CBS) and Work Breakdown Structure (WBS).
* Prepare the initial project budget based on contract, scope, and estimates.
* Allocate budgets to disciplines, departments, and subcontractors.
Cost Monitoring & Control
* Track actual expenditures versus budget and commitments.
* Analyze cost trends to identify potential overruns and recommend corrective actions.
* Ensure proper cost coding and allocation of charges in the ERP system.
* Monitor subcontractor and vendor costs against agreed contracts.
Forecasting & Variance Analysis
* Prepare monthly cost reports with actuals, commitments, forecasts, and variance explanations.
* Provide Estimate at Completion (EAC) and Estimate to Complete (ETC) updates.
* Conduct variance analysis for labor, materials, equipment, and subcontractor costs.
Change Management Support
* Evaluate cost impacts of contract variations and change orders.
* Maintain a log of all approved and pending changes with cost implications.
* Assist in claims preparation and negotiations from a cost perspective.
Reporting & Communication
* Prepare and issue weekly/monthly cost control reports for management and the client.
* Support project review meetings with updated cost performance data.
* Interface with planning, procurement, and engineering to ensure cost data accuracy.
Project scope responsibility distribution
* Cost Inputs: Yard fabrication, civil works, procurement, utilities, land logistics - Offshore installation, marine spread, Barge vessel hire, offshore logistics
* Key Risks: Material escalation, vendor delays, equipment standby costs - Weather delays,marine Mob/Demob costs, SIMPOS impacts
* Reporting: Fabrication Yard productivity and cost KPIs – Offshore campaign, daily cost & time charter monitoring
Qualifications, Experience, Knowledge and Skills:
* Work experience of eight (8) years in a similar role
* Excellent spoken and written English including proven ability to write reports.
* Attention to detail and accuracy in financial data.
* Strong problem - solving and analytical abilities.
* Excellent communication and reporting skills.
* Ability to work under pressure and meet deadlines.
* Team player with cross - functional coordination skills.
Hill International provides program, project, and construction management services for clients in a range of sectors undertaking major construction projects across the world. Our services include cost engineering and estimating, quality assurance, inspection, scheduling, risk management, and claims avoidance. For more information on Hill, please visit our website at www.hillintl.com