Senior Principal Cost Controls Spec

McDermott
Milan
Workplace: OnsiteFull timeFunction: Solutions Engineering & Sales EngineeringExperience: 12+ yearsEducation: bachelorsSkills: ["Problem-solving","Conceptual thinking","Stakeholder management","Proactive issue identification","Process improvement"]

Solve complex project performance issues by applying expert cost management and project controls. Interpret contract terms, support project execution planning, coordinate financial and contractual matters with Project Accounting, monitor costs and revenues, and maintain accurate records. Lead change management, manage project risk/opportunity processes, develop claims/back-charges, prepare EAC and close-out reporting, and ensure Project Controls systems are properly set up and maintained. Support bids and ad hoc regional/global controls work.

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McDermott
McDermott
2 days ago

Senior Principal Cost Controls Spec

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Source: Company careers pageValidated by: Fursa AI
Last checked: 14 hours agoStatus: Live
Reposted: similar role first listed 4 months ago

Job Summary

Solve complex project performance issues by applying expert cost management and project controls. Interpret contract terms, support project execution planning, coordinate financial and contractual matters with Project Accounting, monitor costs and revenues, and maintain accurate records. Lead change management, manage project risk/opportunity processes, develop claims/back-charges, prepare EAC and close-out reporting, and ensure Project Controls systems are properly set up and maintained. Support bids and ad hoc regional/global controls work.
Location: Milan
Workplace: Onsite
Employment Type: Full time
Job Function: Solutions Engineering & Sales Engineering
Seniority: Mid level

Key Responsibilities

  • •Interpret the project contract and assist the Project Director in its application, including project set-up tasks
  • •Coordinate with Project Accounting on financial, contractual, and administrative issues; compile and review project invoices
  • •Monitor project costs and revenues; prepare weekly/monthly/quarterly project reports as needed
  • •Evaluate, negotiate, and agree on costs and revenue for contract and subcontract changes; support claims and back-charges
  • •Lead change management, manage project risk/opportunity processes, and prepare the monthly EAC and project close-out report

Key Requirements

  • •Degree in Engineering/Construction/Business or related field, or equivalent combinations of technical training or experience
  • •At least 12+ years of experience in project control activities
  • •Supervisory experience in a matrix environment and progressive experience working for a contractor
  • •Solid background in the oil and gas industry
  • •Familiarity with Primavera P6
Experience:12+ yearsOil and gasProject controlsProject accounting
Education:Bachelor's
Skills:Problem-solvingConceptual thinkingStakeholder managementProactive issue identificationProcess improvement
Tech Stack:Primavera P6Project accounting

Company Brief

McDermott
Global engineering, procurement, construction and installation (EPCI) company serving the energy industry, delivering offshore and onshore projects for oil and gas, LNG, and energy transition clients worldwide.
Industry: Energy Services
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Houston, United States
Founded: 1923
WebsiteLinkedIn