Principal Cost Controls Specialist

Company Overview:People power our future. That is why advancing a dynamic, inclusive environment, where everyone grows and thrives is critically important to us.Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing offshore platforms hundreds of miles from shore, and using our expertise to design and build offshore wind infrastructure.For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.Here, what you do matters.Job Overview:McDermott is looking for a Principal Cost Controls Specialist with strong LNG background to join the project controls team. The Principal Cost Control Specialist will support the established progressing procedures, and best practices to ensure that proper progressing is performed on projects during all phases of execution of the work.Key Tasks and Responsibilities:

Coordinates development of project control budget in conjunction with project directorate and project management teams at project locations

Monitors and maintains project control budget and estimate at completion with updates received from project change coordinator, contract administration and project management teams at project locations

Develop forecast at completion (EAC) based on current expenditures, commitments and trends against the project.

Develop project and corporate cost reporting and variance analysis including monthly reports and reviews (PMR-Project Monthly Report, PFR-Project Finances Report, APS-Area Performance Summary, EPR­ Executive Project Report).

Maintain cost project database with monthly reports ran; enterprise resource planning (ERP) such as JDE (PSR, CDR, Commitment Report, Manhours report), MCPM (Project Status Report, Budget Release, Change Register and Labor Details).

Provides input and supports required for preparation of client invoice

Provides recommendations for corrective action to program directorate

Ability to interact on high level with management as well as technically with engineers

Essential Qualifications and Education:

10 - 15 Years’ experience in Cost Management in Oil & Gas or in related / comparable industries

Good Communication skills, team player

Proficient in Microsoft Excel, Access, PowerPoint & workable to deal with resistance

Meet deadlines and can handle changing needs and requirements

Demonstrate an understanding of Planning/Scheduling procedures and best practices

Working knowledge of Primavera P6

Actively develop more FEED and EPC knowledge.

Experience in working with and in financial data bases like JDE

#LI-DNI#LI-EB2McDermott is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, genetic information, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.