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EPC Cost Controller

Altea Energy · Mexico · Posted 7 hours ago

Company Altea Energy Location Mexico Employment type Full-time Posted 7 hours ago Listed via Altea Energy

Location Mexico - Project Office / Offshore Operations

Start Date1 December 2026

Project Type Offshore Oil & Gas - EPCI

Reporting Line Project Controls Manager (to be confirmed)

Role Overview

The Cost Controller is responsible for monitoring, analyzing and reporting project costs throughout the offshore EPCI lifecycle.

The position supports financial control of engineering, procurement, construction, installation and commissioning activities, ensuring accurate cost forecasting and identification of potential budget deviations.

Key Responsibilities

Project Cost Management

  • Establish and maintain project cost control systems.
  • Monitor actual expenditure against approved budgets.
  • Maintain project cost breakdown structures.
  • Track commitments, purchase orders and contract expenditures.
  • Identify cost variances and potential overruns.
  • Support budget revisions and cost optimization initiatives.

Forecasting & Financial Reporting

  • Prepare cost forecasts and Estimate at Completion (EAC).
  • Monitor cash flow projections and financial commitments.
  • Prepare monthly cost reports and financial dashboards.
  • Analyze cost trends and project performance.
  • Support financial reporting to Project Management.

Contract & Change Management

  • Monitor contractual variations and change orders.
  • Assess the cost impact of project modifications.
  • Coordinate with Procurement and Contract Management teams.
  • Support invoice verification and payment tracking.
  • Maintain records of cost-related risks and claims.

Project Controls Coordination

  • Coordinate with Planning and Scheduling teams.
  • Monitor progress against expenditure.
  • Support earned value analysis.
  • Participate in cost review meetings.
  • Provide financial input for project management decisions.

Qualifications & Experience

  • Bachelor's degree in Engineering, Finance, Accounting, Economics or a related discipline.
  • Minimum 5 years of professional experience in national and international EPCI projects.
  • Experience in project cost control within the Oil & Gas industry.
  • Strong understanding of EPCI cost structures and project financial management.
  • Advanced Excel skills and familiarity with cost control software.

Technical Skills

  • Project Cost Control.
  • Cost Breakdown Structure (CBS).
  • Budget Monitoring.
  • Estimate at Completion (EAC).
  • Earned Value Management.
  • Cash Flow Forecasting.
  • Change Order Management.
  • Cost Variance Analysis.
  • Contract Expenditure Tracking.
  • Advanced Excel.
  • Power BI / SAP / Oracle or equivalent.

Languages

  • Advanced English mandatory, written and spoken.
  • Spanish is a plus
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