Job Monitor / Oil & Gas

Cost Controller

Brunel · United Arab Emirates · Posted 3 days ago

Company Brunel Location Dubai, United Arab Emirates Employment type Full-time Posted 3 days ago Listed via Brunel

We are partnering with our client, a leading organization in the oil and gas sector, to appoint a Cost Controller for their expanding Decommissioning Programme in Dubai on a permanent basis.
Key Responsibilities:
The Cost Controller is responsible for end-to-end cost control, forecasting, and financial reporting for offshore and onshore decommissioning campaigns.
The role ensures robust cost governance, alignment between engineering estimates and execution trends, and proactive identification of cost risks across vessel operations, fabrication, dismantling, logistics, and contractor interfaces.
This position plays a critical role in supporting safe, efficient, and cost-effective delivery of the Decommissioning Programme as activity levels and campaign complexity increase.
Maintain accurate cost forecasts (Forecast at Completion - FAC) for all assigned decommissioning projects and campaigns.
Track actual costs against approved Authorization for Expenditure (AFE) / budgets, identifying trends, variances, and risks early.
Provide clear cost visibility for vessel utilization, marine spreads, lifting operations, fabrication, Diving Support Vessel (DSV) operations, disposal and scrap logistics.
Ensure alignment between engineering estimates, contractor pricing, and execution reality.
Prepare and submit monthly cost reports for decommissioning projects, including commitments, and forecast-to-complete.
Provide monthly accruals to Finance based on progress reporting, milestones, and contract terms.
Support monthly management reporting with clear, concise financial summaries for senior stakeholders.
Track and manage purchase orders, commitments, variations, and change orders.
Verify contractor invoices for commercial and contractual compliance, including validation of reimbursable manpower and vessel day rates where applicable.
Perform monthly timesheet and manhour analysis (employees, direct hire and contractors) against approved AFE budgets.
Identify cost trends, productivity issues, and potential overruns linked to manpower deployment.
Support management with clear visibility of resource-driven cost exposure.
Monitor cost impact of scope changes and support updates to FAC and management approvals as required.
Support cost input into change requests, justifications, and approval workflows.
Support financial close-out of decommissioning projects, including reconciliation of final costs and commitments.
Provide financial input into Gate reviews and close-out presentations.

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