Project Cost Controller

Advert Be Part of the Future of Offshore Engineering – Join 2H Offshore as a Project Cost Controller (Kuala Lumpur) Employment Type : Full-time, 12-Month Fixed Term Contract

2H, Acteon’s Engineering consultancy, turns offshore engineering challenges into your competitive advantage. Combining unrivalled domain knowledge with leading-edge technology, our agile consultancy enhances project-critical decisions, optimises economic viability and minimises risk throughout the energy project lifecycle. With proactive digital monitoring and industry expertise, we help you stay ahead, driving efficiencies and ensuring rigour from design to decommissioning.

Overview

We are looking for a Project Cost Controller to join our expanding team in Kuala Lumpur. As a Project Cost Controller, you will be part of a dynamic, multi-disciplinary project team and will be responsible for cost control across all projects, including cost management, planning, and reporting to 2H senior management and project managers.

Responsibilities

• Lead the development, implementation, and execution of project cost control, planning, and reporting within the contracted scope
• Establish and manage budgets, manpower plans, marine spread costing, procurement interfaces, and cost forecasts
• Monitor and reconcile costs, purchase orders, invoices, and payments to ensure financial accuracy
• Prepare and issue monthly project management and cost reports (PMR) and maintain cost control procedures
• Track and manage variation orders, risks, and opportunities to maintain project profitability
• Collaborate closely with the Project Manager, Financial Controller, Planner, and Contracts team to manage change control, scheduling impacts, and cash flow forecasts
• Support procurement and supply chain activities through cost input, vendor evaluation, and forecasting
• Maintain invoicing, risk, and variation registers and follow up on client and vendor payments
• Participate in risk management, project reviews, and close-out reporting, identifying areas for improvement in cost processes

Qualifications

This role requires proven management, engineering, and construction site cost control capability, along with a track record of successfully delivering and overseeing cost control services for engineering, onshore fabrication, and offshore installation projects to meet project and client needs. Candidates should have experience interacting with both project management and clients at a senior level and possess a solid understanding of what is required to operate effectively in that environment.

Yard fabrication and Assembly

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