TechnipFMC
Overview
Cost Controller II role at
TechnipFMC . TechnipFMC is committed to driving real change in the energy industry. Our ambition is to build a sustainable future through relentless innovation and global collaboration. You’ll be joining a culture that values curiosity, expertise, and ideas as well as equal opportunities, inclusion, and authenticity. Bring your energy to our team of more than 21,000 people worldwide, and discover a rewarding career that you can take anywhere you want to go. Job purpose: Works independently on mid-scale subsea production systems and related projects, reviewing project forecasts, initializing budget reviews, and finalizing initial budgets received from tender. Identifies the proper Work Breakdown Structure (WBS) and recommends proper allocation with the team, participates in Estimate At Completion (EAC), assists with client reporting, ensures invoicing to the client occurs within contractual requirements, assists with Change Order requests, provides metrics for quarterly Project Management Reviews, and enters data into the Electronic Project Management Review system. Supports large or complex projects as needed and participates in standardization, simplification, and industrialization initiatives for Finance True North.
Responsibilities
Project Cost Analysis & Controls: Perform detailed cost analysis to identify and explain variances (rate, quantity, time).
Track and follow up on PO closures for completed projects.
Ensure all actuals are accounted for and validate cost accuracy across WBS elements.
Project Initiation & Planning: Map tender (i2) data into WBS using the WBS dictionary and coordinate approvals with project teams.
Collaborate with senior/lead cost controllers for feedback and validation during project setup.
Staffing & Forecasting: Conduct quarterly meetings with PKM/PM to reforecast hours by WBS and ensure correct rates are applied.
Analyze staffing plan variances and ensure alignment with actuals and forecasts.
CSA & EAC Management: Participate in CSA meetings and verify budget and forecast consistency with latest EAC/ePMR; collaborate with project teams to validate EAC inputs and document reasons for cost variances.
Invoice & Financial Tracking: Maintain bi-weekly invoice registers and investigate changes in invoice dates; communicate invoice status updates to senior/lead cost controllers.
LOP Reporting: Distribute EAC totals across project timelines and submit reports on schedule; review LOP with project teams and analyze forecast vs. actual discrepancies.
SSI Process Development: Contribute to SSI initiatives by attending planning and coordination meetings; research process issues, draft solutions, test implementations, and report progress to senior/lead stakeholders.
Qualifications / You Are Meant For This Job If
Measuring Success: Active participation in SSI; project accountability with explanations of cost variations; quality of project reports with accurate data and explanations.
Achieving level 3: Master Detail (deep data analysis across SAP reports); Master Assertiveness (meeting deadlines, guiding the team, asking clarifying questions); Master the Project (understanding product basics, equipment/staffing costs by location/vendor/manufacturing); Master the Quality (minimizing errors in reports); Developing Saying NO (politely, without saying yes to everything).
About TechnipFMC / Inclusion & Ethics Being a global leader in the energy industry requires an inclusive and diverse environment. TechnipFMC promotes diversity, equity, and inclusion by ensuring equal opportunities to all ages, races, ethnicities, religions, sexual orientations, gender expressions, disabilities, or other pluralities. Every voice matters and we encourage you to contribute to our culture.
TechnipFMC respects the rights and dignity of those it works with and promotes adherence to internationally recognized human rights principles for those in its value chain.
Job Details
Seniority level: Entry level
Employment type: Full-time
Job function: Accounting/Auditing and Finance
Industries: Oil and Gas
Location: Houston, TX
#J-18808-Ljbffr
Cost Controller II role at
TechnipFMC . TechnipFMC is committed to driving real change in the energy industry. Our ambition is to build a sustainable future through relentless innovation and global collaboration. You’ll be joining a culture that values curiosity, expertise, and ideas as well as equal opportunities, inclusion, and authenticity. Bring your energy to our team of more than 21,000 people worldwide, and discover a rewarding career that you can take anywhere you want to go. Job purpose: Works independently on mid-scale subsea production systems and related projects, reviewing project forecasts, initializing budget reviews, and finalizing initial budgets received from tender. Identifies the proper Work Breakdown Structure (WBS) and recommends proper allocation with the team, participates in Estimate At Completion (EAC), assists with client reporting, ensures invoicing to the client occurs within contractual requirements, assists with Change Order requests, provides metrics for quarterly Project Management Reviews, and enters data into the Electronic Project Management Review system. Supports large or complex projects as needed and participates in standardization, simplification, and industrialization initiatives for Finance True North.
Responsibilities
Project Cost Analysis & Controls: Perform detailed cost analysis to identify and explain variances (rate, quantity, time).
Track and follow up on PO closures for completed projects.
Ensure all actuals are accounted for and validate cost accuracy across WBS elements.
Project Initiation & Planning: Map tender (i2) data into WBS using the WBS dictionary and coordinate approvals with project teams.
Collaborate with senior/lead cost controllers for feedback and validation during project setup.
Staffing & Forecasting: Conduct quarterly meetings with PKM/PM to reforecast hours by WBS and ensure correct rates are applied.
Analyze staffing plan variances and ensure alignment with actuals and forecasts.
CSA & EAC Management: Participate in CSA meetings and verify budget and forecast consistency with latest EAC/ePMR; collaborate with project teams to validate EAC inputs and document reasons for cost variances.
Invoice & Financial Tracking: Maintain bi-weekly invoice registers and investigate changes in invoice dates; communicate invoice status updates to senior/lead cost controllers.
LOP Reporting: Distribute EAC totals across project timelines and submit reports on schedule; review LOP with project teams and analyze forecast vs. actual discrepancies.
SSI Process Development: Contribute to SSI initiatives by attending planning and coordination meetings; research process issues, draft solutions, test implementations, and report progress to senior/lead stakeholders.
Qualifications / You Are Meant For This Job If
Measuring Success: Active participation in SSI; project accountability with explanations of cost variations; quality of project reports with accurate data and explanations.
Achieving level 3: Master Detail (deep data analysis across SAP reports); Master Assertiveness (meeting deadlines, guiding the team, asking clarifying questions); Master the Project (understanding product basics, equipment/staffing costs by location/vendor/manufacturing); Master the Quality (minimizing errors in reports); Developing Saying NO (politely, without saying yes to everything).
About TechnipFMC / Inclusion & Ethics Being a global leader in the energy industry requires an inclusive and diverse environment. TechnipFMC promotes diversity, equity, and inclusion by ensuring equal opportunities to all ages, races, ethnicities, religions, sexual orientations, gender expressions, disabilities, or other pluralities. Every voice matters and we encourage you to contribute to our culture.
TechnipFMC respects the rights and dignity of those it works with and promotes adherence to internationally recognized human rights principles for those in its value chain.
Job Details
Seniority level: Entry level
Employment type: Full-time
Job function: Accounting/Auditing and Finance
Industries: Oil and Gas
Location: Houston, TX
#J-18808-Ljbffr