Cost Controller Job at The Hawk Group, Houston, TX

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  • The Hawk Group
  • Houston, TX

Job Description

Job Description

Cost Controller – Midstream Oil & Gas

Cost Control Lead experienced in providing budgeting, reporting and controls for oil and gas industry. This position is singularly responsible for all program cost control deliverables.

Essential Functions:

  • Manage the development of the Value of Work Done / Earned Value for each reporting period with variance descriptions to original budget and prior period forecast
  • Compile and track commitments as input into Value of Work Done
  • Lead the technical team in updates for remaining forecast and estimate updates while providing historical data and trends
  • Incorporate Value of Work Done and Cost Forecast Update into the month end presentation
  • Prepare cash forecasting and track committed dollars for all operating costs and any project AFEs
  • Assist in Monthly, Quarter and Year-End accruals
  • Perform monthly variance analyses between budget/forecasted and actuals and review with technical team to reconcile discrepancies
  • Maintain and apply WBS to AFEs
  • Calculate and facilitate allocations from shared services AFEs to projects
  • Review Order requests against budget and schedule and provide coding
  • Manage order and AFE closeout
  • Work with Technical Team to develop budget
  • Prepare long range financial plans with analysis on variances between cycles
  • Perform reconciliations including invoice actuals and allocations, ensuring correct coding is applied
  • Special projects, as needed

Qualifications:

  • Seven years plus of experience in oil and gas CAPEX cost control
  • MS Office Suite, advanced Excel
  • Power BI preferred
  • Organized and self-motivated
  • Must be able to manage multiple tasks simultaneously with changing priorities and deadlines
  • Strong organizational, oral and written communication skills required
  • Bachelor’s degree preferred

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