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  • Posted: Oct 28, 2019
    Deadline: Not specified
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Zormelo & Associates is a Management and Development Consulting firm which works with both private and public sector clients to create world class companies and institutions through advisory services in human resources management, economic and social development projects and capacity building.

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    Senior Cost Controller (Feet)

    Job Description

    Overall Job Purpose

    • To give expert advice, offering insights, ideas and recommendations on issues that impact the business. To manage various cost control functions and ensure accurate and timely reporting of the responsible vessel’s cost status to Operation Manager.
    • Track, monitor, analyze and forecast every aspect of vessel’s cost independently, compare Actual vs budget, VOWD (“Value of Work Done”) vs budget, forecast vs budget, and report the outcome to department/project manager for taking appropriate decisions to prevent budget overrun.
    • Serve as backup to Cost Control Manager as and when needed.

    Core Responsibilities

    • Maintain and updating the monthly cost reports with budgets, committed costs, actual, VOWD and forecasts by gathering the information from various departments for accurate VOWD and forecasts.
    • Monitoring cost, preparing and validating Change Orders & O&MVR (“O&M Budget Variation”), validating the invoices to clients & internal inter/intra companies according to the contractual terms and following up the ensuing payments on the basis of a good level of understanding on the contracts (O&M Contract with clients and Work Orders with intra/inter-companies).
    • Performing various types of revenue & cost analysis.
    • Estimating the budget cost breakdown per a line item activity in each WBS code by gathering the input from Planning, Contracts, Supply Chain, Technical, HR and Accounting & Finance departments and ensuring budget philosophy (owner of budget and cost category such as Routine, Non-Routine and Exceptional cost items) and budget schedule among the departments. Preparing the budget summary template for reporting to Operations Manager, management and clients by analyzing and explaining the detailed reason of cost variation between previous year and next year budget.
    • Coordinating between the responsible vessels’ operation management and SPC Shareholders for various reports pursuant to O&M Subcontract and to gain necessary their approvals.
    • Producing ad hoc reporting and presentation materials (commonly requested by clients or management). Coordinate any other activities / initiatives / leaderships, upon request, related to the responsible vessel’s business control for operation management.
    • Support the KPI process in providing VOWD & O&MSE & O&MVR information on a monthly basis in conjunction with the Finance Manager and Contract Manager.
    • Train Cost Controllers in relation to various cost control activities.
    • Ensure nationalization plan for the role is maintained and training is progressing as required.

    Job Requirements

    • A minimum of BSc. Accounting/Finance or relevant qualification.
    • Must be a Chartered Accountant; ACCA or ICA is preferred.
    • Must possess a minimum of Seven(7) to Ten (10) years Cost Control experience.
    • Must have previous experience in Oil and Gas Industry.
    • Must have Cost Control experience in reimbursable and lump sum projects.

    go to method of application »

    Cost Controller

    Job Description

    Core Skills/Competencies required.

    • Technical accounting skills and In-depth knowledge of IFRS (International Financial Reporting Standards)
    • Firm understanding of taxation(Income Taxes and VAT) in Ghana
    • Experience in the Oil and Gas sector will be an added advantage
    • Management reporting expertise
    • Working capital management and business growth strategies
    • Strategy development to support operational team and cost management
    • Ability to relate with all stakeholders (including Board, investors and management)
    • Advanced excel and google suite user (including financial modelling and scenario planning)
    • Expert user of QuickBooks or SAP

    Some of the duties will include:

    • Financial Planning-budgeting, controlling and forecasting various projects’ budget
    • Preparation of budgets, Management Reports and financial statements for Management
    • Ensure tax and statutory returns compliance and tax savings for company
    • Maintain and update monthly cost reports with budgets, indicating committed costs, actuals and forecasts by gathering information from various departments
    • Perform revenue and costs analysis for various projects in the company
    • Prepare Financial reports including Profit and Loss Accounts and Balance Sheet, Performance Analysis, Cash Flows, and Customer profitability reports.
    • Develop and implement financial systems and internal controls

    Job Requirements

    • A minimum of BSc. Accounting or relevant qualification.
    • Must be a Chartered Accountant; (ACCA or ICA) or a Chartered Tax Practitioner (CIT).
    • Must have a minimum of Five (5) years experience in a similar role Must have technical accounting skills and an in-depth knowledge of IFRS (International Financial Reporting Standards.

    Method of Application

    Use the link(s) below to apply on company website.


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