Cost Controller

Job Family Group:

Project Management Group

Job Description:

The Cost Controller supports the Project Manager and Project Controls Lead in managing the project cost baseline, forecasts and financial performance. The role is responsible for maintaining reliable cost data, supporting forecasting and reporting activities and providing accurate and timely cost insights to enable effective project decision making.

Job Responsibilities

The key responsibilities of the role include:

• Establish project control budgets from approved estimates and schedules, ensuring full understanding of estimate basis, scope, schedule and execution plan.

• Maintain project cost structures, budget, commitments, actuals, accruals, VOWD and cost reports.

• Support cost forecasting, cashflow and variance analysis.

• Review contractor cost reports, invoices, staffing plans, progress quantities and unit-rate information.

• Support progress measurements in collaborative with Project Planner.

• Escalate cost risks, forecast movements, unsupported contractor claims and data quality issues.

• Maintain cost data integrity across reporting systems including CMMS (Maximo, S/4HANA), Excel and Power BI.

• Support change control by assessing cost impact and incorporating approved changes into project forecasts

• Prepare clear inputs for project reporting, including, but not limited to, dashboards and governance reports.

Job Qualifications

Core Competency

• Strong knowledge of project cost management, financial governance and cost reporting including budgets, commitments, actuals, VOWD and cash flow management.

• Strong knowledge of forecasting and cost performance management including EAC development, trend analysis and final cost prediction.

• Strong understanding of contractor cost control, change management and performance measurement including invoice verification, cost impact assessment and progress validation.

Demonstrated Experience

• Significant experience in project cost control within Oil and Gas, refining or heavy industrial environments.

• Significant experience in cost controls systems.

• Preferred experience in quantity unit rate reporting on major capital projects and decommissioning projects.

At bp, we provide the following environment and benefits to you:

• A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued

• Possibility to join our social communities and networks

• Learning opportunities and other development opportunities to craft your career path

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.

Don’t hesitate to get in touch with us to request any accommodations!

Travel Requirement:

No travel is expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Change control, Conflict Management, Construction, Design development and delivery, Frameworks and methodologies, Governance arrangements, Performance management, Portfolio Management, Project and construction safety, Project Commissioning, Project execution planning, Project HSSE, Project Leadership, Project Team Management, Quality, Requirements Management, Reviews, Risk Management, Schedule and resources, Sourcing Management, Stakeholder Management, start-up and handover, Strategy and business case, Supplier Relationship Management

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Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.