Global leader delivering offshore engineering, construction and services for the energy industry.
Manage cost control, budgeting, forecasting and reporting for large subsea projects in Dubai.
9 days ago ago
Experienced (8-12 years)
Full Time
Dubai, Dubai, United Arab Emirates
Office Full-Time
Company Size
15,072 Employees
Service Specialisms
Offshore engineering
Construction
Project management
Consulting
Technical services
Sector Specialisms
Offshore Energy
Oil and Gas
Renewable Energy
Lower Carbon Oil and Gas
Carbon Capture and Storage
Fixed Offshore Wind
Floating Offshore Wind
Hydrogen
Role
Description
cost reporting
sap wbs
change orders
risk reporting
budget monitoring
audit support
Prepare project and Management ad hoc reports.
Support Project Controls Manager on risk process and report.
Verify cost allocations according to NWA to Project Management Team and Supply Chain Management.
Prepare monthly Cost Model and Project Monthly Status Report (PMSR), and Client’s Reports if required.
Maintain Change Order, Budget Shift & Trends Register and prepare the support documents.
Operate according to Subsea 7’s Management Principles.
Operate within the Business Code of Conduct.
Involving SAP system improvement and regional reports if there is any.
As per contract’s requirement, set up the external cost report to Client and Government.
Monitors and updates the actual and committed cost periodically and analyses these costs.
Assist and Support PM and Contract Administrator to do the estimation of CO to Client.
Internal liaison with Finance/Procurement/Operations/ Asset to maintain efficient & accurate recording of cost expenditure and manage discrepancies for preparation of accurate and complete cost reports.
Troubleshoot cost abnormalities in reporting data and liaise with relevant parties as necessary.
Liaise with Commercial Department to take over the bid documentation to set up Work Breakdown Structure (WBS) and Net Work Activities (NWA) in SAP and establish project as sold budget for internal management report.
Provide the support to Finance for External Audit and Tax Audit.
Prepare billing memo with supporting documents to Finance for official invoice.
Monitor and identify variance from project as sold budget and report accordingly.
Requirements
sap
cost control
oil & gas
english
bachelor's
Experience in ERP System, SAP is preferred.
3+ years of cost control experience in the Oil & Gas industry.
Minimum 3 year of cost control experience in engineering and construction environment.
Must be fluent in the English language and be an effective communicator.
Bachelor’s Degree in Engineering or Science.
Benefits
Information not given or found
Training + Development
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Interview process
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Visa Sponsorship
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Security clearance
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Company
Overview
$6.8 billion
Annual Revenue
The company generates significant annual revenue, reflecting its substantial operations and project portfolio.
1,000+ projects
Global Project Portfolio
With a diverse range of clients, the company has delivered over 1,000 projects across various industries, showcasing its extensive capabilities.
40+ vessels
Specialized Fleet
The company operates a modern fleet of over 40 vessels, dedicated to installing pipelines, structures, and subsea systems.
Born in 2002 and built from the 2011 merger of Acergy and Subsea 7 Inc., the company has roots stretching back to the North Sea adventurers of the 1970s.
Based in London and registered in Luxembourg, it spans 30+ countries and provides end-to-end offshore solutions, including design, procurement, fabrication, installation, and decommissioning.
Its clients span oil & gas, renewables, carbon capture, and emerging energies like hydrogen.
Unusual fact: its fleet includes hybrid vessels trialling biofuels and deep-sea pipelay giants like the Seven Borealis and Seven Arctic.
Culture + Values
Safety: We are committed to maintaining a safe working environment and continuously improving safety across our business.
Integrity: We uphold the highest ethical standards and are transparent in our actions and decisions.
Collaboration: We work together across disciplines, functions, and geographies to achieve the best possible outcomes.
Excellence: We strive for continuous improvement and delivering quality in everything we do.
Sustainability: We are committed to providing sustainable solutions that meet the needs of our customers while minimizing environmental impact.
Environment + Sustainability
2050
Net Zero Target
Aiming to achieve net zero carbon emissions by the year 2050.
30%
Emissions Reduction
Committed to reducing greenhouse gas emissions by 30% by 2030 compared to 2019 levels.
Focus on reducing emissions through energy-efficient technologies and low-carbon solutions in subsea engineering.
Investing in carbon capture technologies and greener vessels to improve environmental performance.
Sustainability is embedded in operational processes to ensure long-term value creation for stakeholders.
Inclusion & Diversity
30% by 2030
Female Leadership Target
Aiming to achieve a 30% representation of women in senior leadership positions by the year 2030, showcasing a strong commitment to gender diversity.
Promotes a culture of inclusion with diverse teams working across global projects.
Tracks diversity metrics to inform leadership decisions and hiring strategies.
Focuses on gender balance in recruitment with dedicated programs to support career growth for women in engineering and leadership.