We are currently exploring potential candidates for an upcoming role at McDermott. While this position is not yet open for active recruitment, we want to connect with talented individuals who may be interested in future projects withs us. If you are passionate about building energy's future and want to be considered when this role becomes available, we encourage you to submit your details.
Job Overview:
The Principal Cost Controls Specialist interprets internal or external business issues and recommends best practices to improve cost and schedule. They will be tasked with solving complex cost management problems and will work independently with minimal guidance. The Principal Cost Controls Specialist may be required to guide junior personnel. As such, they must have in-depth expertise in costing and broad knowledge of the costing discipline within the project controls function.
ResponsibilitiesKey Tasks and Responsibilities:
- Lead the project cost team on a large EPC LNG project
- Support the development of the Work Breakdown Structure (WBS)
- Implement internal and contractual requirements on the project via the project controls execution plan
- Lead setup and implementation of project cost systems
- Responsible for the accuracy of project cost reports
- Analyze and interpret cost forecasting and trending
- Recommends solutions or recovery plans for problem areas
- Lead preparation and review of the project monthly forecast
- Lead the development of the cost spread and cash flows
- Supervise and train junior personnel in all aspects of cost reporting
- Implement and support the Change Management process
- Lead change management efforts, including building of cost estimates
- Lead project cost reviews conducted with management
- Support the development and implementation of the Project Risk and Opportunity process
- Participate or lead the weekly and monthly cost and schedule review meetings
- Create Weekly / Monthly / Quarterly Reports
- Assist in resource planning, recruiting, mentoring, and evaluations
Essential Qualifications and Education:
- Bachelor’s Degree in Business, Finance, Engineering, or Construction Management is preferred
- Ten plus (10+) years of experience in Project Controls
- Must have experience in a large-scale mega EPC projectS in Oil & Gas Construction
- Highly competent in the use of critical project management concepts such as EVM, project planning, risk analysis, and change management)
- Experienced in Cost with a focus on Cost, Risk and Change Management
- Basic understanding of JDE Edwards is a plus
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About UsFor 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.
Skills Required
- Bachelor's Degree in Business, Finance, Engineering, or Construction Management
- Ten plus years of experience in Project Controls
- Experience in large-scale mega EPC projects in Oil & Gas Construction
- Competent in project management concepts such as EVM, project planning, risk analysis, and change management
- Experienced in Cost, Risk, and Change Management
- Basic understanding of JDE Edwards
What We Do
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach to design and build infrastructure solutions to responsibly transport and transform oil and gas into the products the world needs today. From concept to commissioning, our expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. It is called the “One McDermott Way.” Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include approximately 40,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
