Since 1999, the Rumuolumeni Fabrication Yard has long been a pillar of Nigeria’s oil and gas industry, showcasing engineering excellence, technological advancement, and community development. The 1,000,000-square-meter facility has played a vital role in executing West Africa’s most significant infrastructure projects, generating value and employment opportunities for the local community, showcasing engineering excellence, technological advancement, and a strong commitment to community development.The Cost Controller is responsible for planning, monitoring, and controlling project or operational costs to ensure financial efficiency and profitability. This role involves budgeting, cost analysis, forecasting, and reporting, while ensuring compliance with company policies and financial regulations
Role Description:
Develop and manage budgets for projects, or operations
Monitor actual costs against budgets and identify variances
Pepare regular cost reports, forecasts, and financial analyses
Analyse cost drivers and recommend cost-saving measures
Ensure proper allocation and classification of costs
Work closely with project managers and department heads to control expenditures
Review and approve purchase orders, invoices, and expenses
Track commitments and ensure spending aligns with approved budgets
Support financial audits by providing required documentation and explanations
Maintain accurate records of all financial transactions related to costs
Reconcile Revenue and Cost with Receivable manager and payable manager
Advice Head of Strategy & Financial Planning prior on the impending risk on any project
Qualifications:
Bachelor’s degree in accounting, Finance, Economics, or a related field Professional certification preferred (ICAN, PMP).
4-6 years’ experience in Finance, Procurement, or Compliance functions
Strong knowledge of budgeting, forecasting, and cost management principles
Proficiency in Microsoft Excel (Microsoft package)
Knowledge of billing, invoicing, and revenue recognition.
Proficiency in ERP systems (Microsoft Dynamics 365 Business Central advantage).
Strong understanding of vendor compliance, cost control, and insurance/risk management