Petrofac Limited Recruitment for Project Cost Controller

 Employment Nigeria 01-Jan-1970 NIGERIA , NIGERIA ,


Petrofac is a leading FTSE 100 company, providing integrated services across the oil and gas asset life cycle in 29 countries worldwide

At Petrofac we know that our employees are our most important asset. Without our people there simply wouldn't be a Petrofac.

We are proud that our employees believe in and live by our Company values. Our common values and purpose do not mean that everyone within Petrofac is the same. We are a culturally diverse Company: reflecting the international nature of our operations and customer base. We have more than 80 nationalities working for us in 31 operating offices and project locations around the world.

We operate in countries across the globe and aim to recruit locally wherever possible. If this is not possible at the start of a project then we can take our training and development expertise to these local communities in order to facilitate workforce development.

Petrofac Limited is recruiting to fill the vacant position:

Job Title: Project Cost Controller

Ref No: 001382

Job Location: Nigeria-Lagos

Job Description
Key Accountabilities

  • Adherence to local HSSE policies and procedures
  • Focal point for commercial matters on Nigerian training contracts.
  • Perform all tasks and prepare all information in accordance with the company’s policies, processes and procedures.
  • Prepare regular cost reports for onward submission to clients.
  • Liaise with procurement and planning departments with respect to project commitments and cost phasing.
  • Preparation and agreement of comprehensive and regular monthly invoices and valuations and ensuring these are presented to clients in a timely and correct manner.
  • Provide commercial support to Regional Project Manager in the preparation of annual budgets and re-forecasts.
  • Assist in Tender commercial and contractual terms and conditions and prepare any necessary risk reviews/ assessments and clarifications or qualifications
  • Supporting the Regional Project Manager by providing ongoing and regular commercial analysis and information regarding the financial performance of their contracts.
  • Ensure the commercial and administration requirements for each contract are understood and complied with.
  • Commercial coordination of sub-contracted services and agreements.
  • Ensure that internal cost reporting for each contract meets with corporate accounting requirements and that ongoing analysis is being made to track recovery against costs and highlight and resolve any associated issues.
  • Monitor outstanding debtors and ensure that any commercial problems are addressed and that cash collection is maximised.
  • Processing of third party invoices, preparation of client billings and assistance in the month/quarterly/half yearly/year end accounting process.
  • Advise project team on variations
  • Review of charges to area budget to ensure validity and integrity of accounting distributions and cost allocations apportioned to specific projects
  • Preparation of cash forecasts for assigned area and liaison with cash and disbursements groups to ensure that all cash requirements are predicted well in advance of requirements.


Required Qualification And Experience

  • Degree or finance/accounting related professional qualification, e.g. ACA/ACCA
  • Experience in a similar role
  • Oil & gas industry experience is desirable
  • Will be a self-starter and demonstrate a high level of initiative
  • Will have excellent communication and computer skills
  • Ability to consistently meet reporting deadlines
  • Experience in a similar role is essential
  • Must be a team player
  • Commercially aware
  • Knowledge and experience of Nigerian tax regulations
  • Ability to liaise and communicate with clients ( Internal & External)


Mode of Application
Interested and qualified candidates should:
Click here to Apply

Application Deadline: 9th August, 2013



Sorry the application deadline for this job has elapsed



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