Cost Controller – Elite Employment

February 17, 2025

Job Description

Vacancy: Cost Controller

Industry: Oil & Gas

Department: Finance

Location: Windhoek

Duration: 1 to 2 year contract – renewable

Job Description Job Title Cost Controller Activity –

Primary activity of the position:

  • Perform cost controlling & reporting function for the Entity’s assets including complete view reporting to the Management. In particular:
    • Collect data/information for annual budget / AFE for entity in conjunction with technical responsible and budget owners
    • Follow up of running & technical costs. propose revised forecast information based on latest work scope
    • Ad hoc budget and variance realization variance analysis for management/HQ
    • Verify all invoices to ensure timely payment (PO/Contract, Request for Services, Tariff, realization of service, etc.) & update budgets
    • Prepare all necessary documentation for the month for the month end closure (accruals, SKFs, etc.)
    • Prepare monthly cost report with variance analysis to help technical responsible manager with their budgets/costs
    • Prepare monthly management report in conjunction with HQ
    • Liaison with stock control / logistics team to ensure that stock received, transferred to site and returned stock are well integrated in accounting in order to ascertain the actual well costs
  • Review of commitments created to ensure accuracy of cost objects, contract amounts, currency split, etc.
  • Maintain records and processes to track advance payments to all contractors & vendors
  • Liaison with technical teams (Drilling, Logistics, Exploration, Operations, etc.) for better understanding & follow up of allocated costs & cost re-invoicing
  • Implement control processes and tools, issue recommendations in order to improve Financial Reporting operating efficiency and quality
  • Leverage SAP and BW capabilities by automating and integrating reports and control.
  • Others: reconciliations with the accounting, reconciliations with the exploration reporting.
  • Any other duties as may be delegated

It is also expected:

  • Full respect of confidentiality in all matters
  • HSE: actively participate in trainings, respect and apply internal policies and report all anomalies

Accountabilities:

  • Ensure Cost Control is performed in compliance with Group requirements.
  • Ensure a high level of reliability and quality on the cost control and reporting

Requirements:

  • 5-8 years of experience in a costing capacity, preferably in the O&G business
  • Diploma/Certificate in Accounting/Finance will be an advantage
  • Proficient in Excel
  • Sound knowledge of SAP will be an advantage
  • Strong ethics and reliability
  • Excellent active listening and presentation skills
  • Analytical and goal-oriented

Closing Date: 25 February 2025 (No late applications will be accepted).

This recruitment is managed by Elite Employment Consultancy.

Candidates who comply with the above criteria should submit their application.

Note: The company is an Equal Opportunity Employer and operates in line with affirmative action guidelines.

WE ENCOURAGE YOU TO APPLY BY SUBMITTING YOUR DETAILED CV ON THIS CAREER PAGE. (SUPPORTING DOCUMENTS ARE NOT TO BE SUBMITTED AT THIS STAGE.)

Enquiries: Antoinette Druker

Email: [email protected]

Telephone: 083 723 4152

Only shortlisted candidates will be contacted.

Apply Now

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