Join to apply for the

Senior Principal Cost Controls Spec

role at

McDermott International, LtdJoin to apply for the

Senior Principal Cost Controls Spec

role at

McDermott International, LtdJOB DESCRIPTION

The Senior Principal Cost Controls Spec is tasked with solving unique and complex problems that have a negative impact on the project. They must proactively identify and solve problems that impact project performance. The Senior Principal Cost Controls Spec is considered a specialist in the field of Cost Management and they offer a broad base of knowledge about the Project Controls function. The Senior Principal Cost Controls Spec impacts the direction and resource allocation of programs and projects in their discipline and works within general functional policies and industry guidelines. The Senior Principal Cost Controls Spec role requires conceptual and innovative thinking to develop creative solutions to Costing challenges.Job Overview

JOB DESCRIPTION

The Senior Principal Cost Controls Spec is tasked with solving unique and complex problems that have a negative impact on the project. They must proactively identify and solve problems that impact project performance. The Senior Principal Cost Controls Spec is considered a specialist in the field of Cost Management and they offer a broad base of knowledge about the Project Controls function. The Senior Principal Cost Controls Spec impacts the direction and resource allocation of programs and projects in their discipline and works within general functional policies and industry guidelines. The Senior Principal Cost Controls Spec role requires conceptual and innovative thinking to develop creative solutions to Costing challenges.

Responsibilities

Key Tasks and Responsibilities:

Interpret the project contract and assist the Project Director in its applicationProvide input to Project Execution PlanWith Project Accounting, coordinate all financial, contractual, and administrative issues/works related to the ProjectEnsure that the project set–up tasks are properly doneSupport Project Accounting in the compilation and review of all invoices for the projectMonitor project costs and revenues; prepare necessary project reports either on a weekly, monthly, or quarterly basis as deemed appropriate or requiredEvaluate, negotiate, and agree to costs and revenue with client and subcontractor(s) for changes in contract and subcontract work (on larger projects, this responsibility can be with the Contracts Manager)Ensure that all Project Controls systems as properly set up and maintained Support the development of claims including back charges against subcontractors and vendorsResponsible for the development of the monthly project EACAssist the Project Director in the preparation of all financial and contractual correspondence as it relates to the Project Controls functionEnsure that clear and accurate records of financial and contractual matters are maintainedMonitor key dates, in particular against dates defined in the main contract and any subcontractsPrepare contract supplements (on larger projects, this responsibility is with the Contracts Manager)Attend all meetings concerning cost, progress, technical and contractual mattersLeads the Change Management process on the projectManage the Project Risk and Opportunity Management (PROM)Prepare the project close-out reportOversee the cost and progress functions on the project in the completion of their tasksSupport Regional and Global Project Controls with ad hoc tasks as requiredLiaise with other personnel within the Projects Controls function to improve the accuracy of schedules, cost estimates, contract strategies, etc. by benchmarking and including feedback on upcoming projectsSupport bid efforts as requiredEnsure adherence to McDermott systems and processes

Qualifications

Essential Qualifications and Education:

Degree in Engineering/Construction/Business or related field, or equivalent combinations of technical training or experienceAt least 12+ years of experience in project control activitiesSupervisory experience in a matrix environment and progressive experience working for a contractorSolid background in the oil and gas industryFamiliarity with Primavera P6

About Us

Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.

For more than 100 years, we''ve been making the impossible possible. Today, we''re driving the energy transition with more than 30,000 of the brightest minds across 54 countries.

Seniority level

Seniority level Mid-Senior levelEmployment type

Employment type Full-timeJob function

Job function Project ManagementReferrals increase your chances of interviewing at McDermott International, Ltd by 2xSign in to set job alerts for “Senior Principal” roles.

London, England, United Kingdom 2 weeks agoLondon, England, United Kingdom 3 weeks agoSenior Vice President Transformation Office

London, England, United Kingdom 3 weeks agoGreater London, England, United Kingdom 1 week agoVice President, Private Equity (Climate), London

London, England, United Kingdom 1 day agoLondon, England, United Kingdom 2 days agoVice President- Design and Advanced Development

London, England, United Kingdom 2 weeks agoLondon, England, United Kingdom 3 months agoGreater London, England, United Kingdom 2 months agoVice President, Partners and Ecosystem - International

London, England, United Kingdom 2 days agoVice President - Placement Agent - Project Management/Origination

Director / Senior Vice President, Investment, Data Centre, (Based in London, United Kingdom)

London, England, United Kingdom 1 week agoLondon, England, United Kingdom 4 weeks agoLondon, England, United Kingdom 2 weeks agoVice President of Engineering - ThriveCart

London, England, United Kingdom 3 months agoLondon, England, United Kingdom 2 weeks agoGreater London, England, United Kingdom 4 weeks agoRegional Vice President, Strategic Accounts, EMEA

London, England, United Kingdom 1 week agoSenior Director and Global Lead Employment Counsel

London, England, United Kingdom 6 months agoVice President, Head of Discovery Biology (London or Boston)

Director, Head of Capital Requirements and Capital Communications

London, England, United Kingdom 1 month agoSenior Vice President, Talent and Brand Partnerships

Vice President of Learning and Development

Vice President, Mid-Market Private Equity, London

London, England, United Kingdom 4 weeks agoWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr