Job Monitor / Oil & Gas

Senior Cost Controller

Wood · India · Posted 1 hour ago

Company Wood Location Chennai, India Employment type Full-time Posted 1 hour ago Listed via Wood
Cost Management • Develop and maintain project cost budgets in accordance with the Project Work Breakdown Structure (WBS) and the Basis of Estimate • Liaise with procurement, finance, and time-capture functions to ensure accurate and timely capture of all cost elements — procurement, materials, subcontracts, and labour • Monitor and review cost commitments and expenditure through all phases of project lifecycle • Liaise with project management and planning to ensure accuracy of cost phasing and forecasting • Review and evaluate project cost performance reports and forecast updates • Review and analyse cost impact of manpower forecasts • Review and issue project change orders and variations in accordance with change notifications • Assess and communicate cost and schedule impact of change notifications • Monitor overall project cost performance and contingency drawdown • Lead the project cost close-out process • Act as Cost Focal Point for all assigned project scopes Reporting & Governance • Ensure project budgets, costs, and reports are documented, auditable, and issued in a controlled manner • Review and evaluate project cost performance reports in accordance with project reporting requirements • Attend project and client periodic meetings and present cost performance status as required • Ensure reports are accurate, timely, and issued in accordance with the contract reporting calendar • Ensure original and current budgets correspond to approved estimates and scope changes throughout the project lifecycle • Participate in contract and corporate risk analysis sessions and audits PMBS & Efficiency • Support the achievement of the contract PMBS efficiency target (target: PMBS below 50% of Engineering cost) • Actively contribute to simplification of cost reporting structures and reduction of unnecessary reporting overhead • Contribute to the development of fit-for-purpose cost controls for the Fast Track delivery model Team & Capability Development • Supervise, guide, and manage the Cost team — delegating work, reviewing outputs, and supporting development • Play a key role in mentoring and career development of cost personnel within the GEC • Lead and participate in Project Controls compliance and continuous improvement reviews • Contribute to the recruiting and retention of project controls talent within the GEC Hub CONTRACT-SPECIFIC REQUIREMENTS Location & Mobility • Based at the Wood GEC office in Chennai, India — this is the primary place of work • Willingness and ability to undertake periodic overseas travel, primarily to the UK (Aberdeen), for project governance, knowledge transfer, customer engagement, and team alignment purposes • Estimated overseas travel: low frequency (approximately 2–4 trips per year depending on project phase) International & Multicultural Experience • Demonstrated experience working in multicultural environments — experience working or collaborating with teams in Europe (particularly the UK) is strongly preferred • Proven ability to operate effectively across cultural, organizational, and time-zone boundaries • Experience of UK North Sea or comparable European offshore oil and gas operations is advantageous Brownfield Experience • Preference for candidates with previous brownfield offshore modification or brownfield EPC project experience • Familiarity with the particular challenges of brownfield scope definition, execution in operating environments, and interface management with asset operations teams Transition & Uncertainty Leadership • Demonstrable ability to lead teams through periods of significant change, transition, and operating model evolution • Comfortable operating with managed uncertainty — able to keep teams focused, motivated, and delivering during periods when processes, structures, or accountabilities are still maturing • Experience of operating model transitions, onboarding programmes, or significant organizational change is advantageous Workload Flexibility • Ability to manage varied and changing workloads across multiple concurrent scopes of differing scale and complexity • Comfortable moving between strategic planning, hands-on delivery support, and team leadership as the situation requires Networking & Talent Development • Strong professional networking capability — able to identify, attract, and retain talent within the GEC and the wider Wood organization • Active approach to building an internal talent pipeline, mentoring junior team members, and contributing to the development of the GEC as a center of excellence • Contribution to the wider recruiting effort for the GEC Hub build-out is expected
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