Project Cost Controller

About the Company

Qatar Fabrication Company (QFAB) is seeking a Project Cost Controller based in Doha, Qatar. Preference will be given to Qatari candidates. The position is located in Ras Laffan, Al Khor, and Al Thakhira, Qatar.

Primary Responsibilities

• Develop and establish comprehensive project budgets, forecasts, cost controls, and reporting mechanisms.
• Collaborate closely with the project team, autonomously implementing cost control processes, best practices, and conducting cost analyses for the assigned project.
• Create the Cost Breakdown Structure (CBS) aligned with the approved project scope and Work Breakdown Structure (WBS).
• Allocate project budgets accurately and establish control budgets for equipment, material purchase orders, subcontracts, fabrication activities, fabrication management teams, and supporting disciplines.
• Assist in implementing project-specific cost control systems based on company standards and project management team requirements, including maintaining cost databases and reporting templates.
• Analyze cost reports, identify concerns, and communicate cost performance, risks, and opportunities regularly to project management.
• Prepare and review the Estimate at Completion (EAC) forecasts based on remaining work scope, expenditures incurred, and project commitments.
• Establish and uphold change management procedures consistent with QFAB's approved guidelines.
• Prepare and submit monthly progress invoices to clients through requisite approvals.
• Provide project data to support accounting functions and revenue recognition.
• Support the Lead Cost Engineer as required.

Qualifications and Experience

• Bachelor's degree in finance, engineering, or a related discipline.
• Between 3 to 6 years of relevant experience, preferably in the oil and gas sector.
• Exposure to offshore projects and fabrication activities.