Cost Controller
Heritage Energy Operational Services Limited (Hybrid)
Job Summary
- This role is a critical financial stewardship position responsible for the end-to-end cost control and financial management of the Joint Venture's (JV) Operations & Maintenance (O&M) business activities.
- The incumbent provides strategic cost analysis, ensures robust budgetary control, and maximizes profitability through rigorous forecasting and cost optimization.
- The role demands an expert who can navigate the complexities of the Nigerian E&P landscape, effectively manage JV partner relationships, and provide insightful financial analysis to guide executive decision-making.
Key Accountabilities
- Assist with cost-tracking and
- Create financial forecasts and gather financial data to support the preparation of
- Monitor contracts and expenditure with a view to obtaining activity cost reduction against value creation and budget tracking.
- Ensure alignment with Contracts & Procurement and Finance
- Prepare monthly accruals, cash flow estimates for the financial analysts and variance
- Ensure compliance with contracts to ensure timely and correct payment of vendor
- Review and code invoices to ensure they match with
- Distribute invoices for operational
- Resolve contractual vendor
- Manage external partner audits in association with
- Prepare response to audit information requests and Maintain a cost analysis of actual expenditure for input to budget with costs.
Requirements
- Bachelor’s Degree in accounting or equivalent related field
- Experience: Minimum of 8 years' experience in a similar cost engineering or cost control role, with at least 5 years of experience in the Oil and Gas E&P sector in Nigeria and notable industry contractors .
- Technical & Industry Knowledge:
- Deep understanding of the Nigerian Upstream Oil & Gas industry, specifically the financial and operational mechanics of Joint Ventures (JVs) and Production Sharing Contracts (PSCs).
- Extensive experience in cost estimating, forecasting, variance analysis, and project controls.
- Proficiency in major ERP systems, such as SAP or Oracle .
- Behavioural & Leadership Skills:
- High Level of Commercial Acumen: Demonstrated ability to understand the "why" behind the numbers and make sound commercial recommendations.
- Expert Communication: Excellent written and verbal communication skills, with the confidence and ability to present complex financial information effectively to senior stakeholders and JV partners.
- Proactive & Performance-Driven: A self-starter who not only analyzes data but also actively seeks out inefficiencies and implements solutions to drive cost reductions.
- Stakeholder Management: Proven ability to build strong relationships and effectively manage interfaces with engineering, operations, procurement, finance, and external partners.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Note
- No relocation support is available for this position.
- By submitting an application, candidates confirm that they are based in the advertised work location or will relocate at their own expense if selected.
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Vacancy posted 2 days ago
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