Position Overview
Role: Head Cost Controller
Department: Finance
Location: Qatar (Head Office)
Industry Focus: Corporate or operational environment within the energy / oil & gas sector (rig-level financial analysis and cost reporting experience preferred).
What You Will Bring
Education: Bachelor’s degree in accounting, Finance, or a related field from an internationally recognized institution (or relevant proven experience). Professional accounting certification (CPA, ACCA, CMA, or CA) is preferred.
Experience Required: Minimum of 7 years of total experience in cost control, operational finance, budgeting, financial analysis, or related finance functions.
Technical & Domain Expertise:
Strong knowledge of cost control methodologies, budgeting, operational finance, and financial reporting practices.
Good understanding of rig operations, operational cost structures, and financial performance monitoring.
Proficiency in ERP systems, financial reporting tools, and advanced Microsoft Excel applications.
Key Competencies: Strong analytical, financial reporting, and problem-solving capabilities with a high level of accuracy and attention to detail; ability to manage multiple operational assets, competing priorities, and tight reporting deadlines effectively.
KEY ACCOUNTABILITIES:
Operational Cost Control & Rig Reporting
Oversee the preparation and review of rig-level accounts, operational cost reports, and financial analyses for assigned assets to ensure accurate cost recognition, financial visibility, and reporting integrity.
Monitor operational expenditures, cost allocations, accruals, and rig-related financial activities to ensure compliance with approved budgets, accounting standards, and finance procedures.
Analyze operational and financial performance across assigned rigs and assets to identify trends, variances, risks, and cost optimization opportunities.
Budgeting, Forecasting & Financial Analysis
Support budgeting, forecasting, and financial planning activities for operational assets by coordinating with Operations, Technical, Supply Chain, and other stakeholders.
Review budget utilization, forecast assumptions, and operational spending trends to support effective financial control and planning accuracy.
Conduct financial analyses, profitability assessments, and operational performance evaluations to support business planning and operational decision-making.
Billing & Revenue Support
Oversee billing activities for assigned operational assets by reviewing cost data, supporting documentation, and contractual requirements to ensure accurate invoice preparation and timely billing.
Review and validate invoices, charge calculations, and supporting financial information prior to issuance to ensure billing accuracy and compliance with contractual terms.
Reporting & Business Partnering
Analyze monthly financial results, variance analyses, operational dashboards, and management reports related to assigned assets and operational activities to identify key performance drivers, operational trends, financial risks, and performance improvement opportunities.
Partner with Operations, Technical, Supply Chain, Human Resources, and other departments to support financial planning, operational reporting, and business performance initiatives.
Systems, Compliance & Process Improvement
Ensure compliance with accounting standards, finance procedures, reporting requirements, and internal control frameworks across assigned activities.
Utilize ERP and financial reporting systems effectively to support accurate reporting, cost tracking, and financial analysis activities.