Costing Manager (Oil & Gas)

Overview

Executive recruitment company Monroe Consulting Group Malaysia's Industrial Division is recruiting on behalf of a leading global integrated drilling fluids and tools service provider for the position of a Costing Manager. The candidate will be responsible to ensure accurate, timely and value-added analysis and reporting on projects.

Key Responsibilities

• Cost control activities include :
• Set-up project WBS
• Prepare project control budget
• Monitor commitment monitoring and expenditure
• Estimate Forecast at Completion (FAC)
• Determine value of work done (VOWD) or percentage of completion (%) for revenue recognition
• Identify, analyze, report and manage variations or changes that affect the project performance and ensure corrective or preventive actions taken when appropriate, and
• Evaluate issues and risks in monetary value, as part of FAC
• Prepare and monitor project cashflow.
• Prepare project costing for new bids / tenders.
• Establish guideline, processes, procedures and templates for better cost management and monitoring.
• Manage, supervise, mentor and handholding, if needed, all the team members, and
• Any other works as instructed or designated by the company.

Key Requirements

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