Cost controller

Main tasks:

• Prepare DCE and AFE by well using cost driver model and present to budget owners for approval and submit via DocuSign
• Contribute to calculating and gathering input for MLC
• Review cost and commitments, prepare accruals, verify actuals and variance analysis
• Maintain and update forecasts in Fiori for wells within area of responsibility
• Provide input to the business plan for wells in execution
• Facilitate regular cost reviews with relevant budget executors
• Prepare final well cost summary for After action reviews and well scorecard
• Verify PR and cost transaction, and execute reposting/prepare loaders as required
• Request Master data (WBS and Network) for activities supported
• Calculate, monitor and allocate rig intake/common cost related to rig lines
• Follow up time writing and assure correct use of timecodes for planning cost and wells in operation
• Provide input to logistics split and review logistic allocations
• Review and understand cost for the reported activity against activity plans
• Contribute with variance explanations in JV report and to financial reporting
• Prepare end of well tasks; well and inventory reconciliation
• Prepare cost analysis (“what if”) related to different scenarios and scope
• Support and assist in partner audits as required

Qualifications:

• Familiar with and actively use available toolkit; SAP, data warehouse, Power BI reports, Fiori forecasting app, Cost driver model and other relevant tools used for cost management
• Knowledge of financial regulations for the sector and the Joint Operating Agreement (JOA) and other relevant contracts (e.g. alliance contracts, Norwegian Oil and Gas’ Guidelines 077)
• Understand the main elements of the operations in support and ensure activity-based forecasting and preparation of actuals according to ‘value of work done’ principles
• Integrate with budget managers/executers and be able to communicate cost picture and variances
• Remain aware of market trends that could impact budget/costs (steel vs casing, FX-rates etc.).
• Demonstrate understanding and execution of key BMS processes

For more information about this role, please contact Grethe Borg 905 21 929