Lead Cost Controller

Lead Cost Controller

Full-Time 56700 - 69300 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead cost control efforts and support project budgeting for energy transition initiatives.
  • Company: Join Exceed, a leading Well Management Company driving the Energy Transition.
  • Benefits: Competitive salary, supportive environment, and opportunities for professional growth.
  • Other info: Collaborative culture with a focus on innovation and excellence.
  • Why this job: Make a real impact in the energy sector while developing your skills in a dynamic team.
  • Qualifications: Bachelor's degree required; finance experience in oil and gas preferred.

The predicted salary is between 56700 - 69300 £ per year.

Exceed is the largest independent Well Management Company at the forefront of Leading the Energy Transition. We are headquartered in Aberdeen from which we service our UK and International operations. At Exceed, we offer a supportive work environment where you can grow and innovate among a team of industry professionals committed to excellence in the Energy Transition.

Exceed has an exciting opportunity for a Lead Cost Controller to join our team. In this role, you'll be responsible for overseeing the cost control function and acting as the focal point for client cost control support. The role is responsible for ensuring accurate, timely and effective cost control across Exceed-managed projects, whilst supporting the development of the cost control team, improving processes and systems, and maintaining appropriate controls and reporting standards.

Role responsibilities will include:

  • Support the management and development of the cost control function within Exceed, acting as a senior point of contact for cost control matters.
  • Preparation of AFEs and project budgets across Exceed managed projects.
  • Develop and produce cost reports for submission to the wells and leadership team, to explain the well cost performance.
  • Provide regular updates of well cost performance versus budgets and AFEs across Exceed managed projects.
  • For ongoing operations support the drilling team with the daily completion of the cost tracker.
  • Timely and accurate preparation of monthly Value of Work Done (VOWD) cost estimates and monthly/quarterly re-forecasts.
  • Performing all required financial reconciliations, including full cost reconciliations for each completed well.
  • Oversee review and processing of invoices to ensure compliance with the commercial terms of contracts and correct coding of costs.
  • Supporting the Contracts & Procurement team in the contracting and procurement of materials and services, ensuring that C&P activity falls within planned budgets and that requisitions are coded correctly.
  • Providing any and all necessary support during routine audits of well costs by corporate auditors, partners, and statutory auditors.
  • Implement the required invoicing and call off/purchase order procedure for clients.
  • Review existing cost control processes and identify opportunities to improve efficiency, accuracy, automation and reporting.
  • Develop and implement improvements to cost control procedures, systems and reporting in conjunction with relevant stakeholders.
  • Provide guidance, mentoring and technical support to Cost Controllers, helping to develop the capability and consistency of the wider team.

Qualifications:

  • Bachelor's degree in relevant subject field required.
  • Formal accounting qualification strongly preferred.

Experience & Skills:

  • Experience in finance roles within the oil and gas industry is essential, ideally in direct support of drilling activities. Previous experience in a senior or supervisory cost control role is desirable.
  • Good understanding of E&P operations, particularly drilling and well services operations.
  • Team player able to work flexibly to meet the needs of the business.
  • Adaptable and able to manage workload, often multiple tasks and changing priorities, effectively under pressure.
  • Detail conscious with strong organisational and administrative skills.
  • Proficient in Microsoft Word, Excel, PowerPoint, Project and Outlook.

Lead Cost Controller employer: Exceed (XCD) Holdings Ltd.

Exceed is an exceptional employer, offering a dynamic and supportive work environment in Aberdeen, where you can thrive as a Lead Cost Controller. With a strong focus on employee growth and innovation, we empower our team to excel in the Energy Transition sector while providing opportunities for professional development and collaboration with industry experts. Join us to be part of a forward-thinking company that values excellence and fosters a culture of continuous improvement.

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Contact Details:

Exceed (XCD) Holdings Ltd. Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Lead Cost Controller

Tip Number 1: Tap Into Professional Networks

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Tip Number 4: Apply Directly on Company Websites

Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Exceed (XCD) Holdings Ltd.. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!

We think you need these skills to ace Lead Cost Controller

Cost Control
Financial Reconciliation
Budget Preparation
Cost Reporting
Value of Work Done (VOWD) Estimates
Invoice Processing
Contracting and Procurement Support

Some tips for your application 🫡

Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.

Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Exceed (XCD) Holdings Ltd. and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!

Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.

Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Exceed (XCD) Holdings Ltd. how you can be a team player!

How to prepare for a job interview at Exceed (XCD) Holdings Ltd.

Brush Up on Technical Skills

Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!

Showcase Your Financial Acumen

If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Exceed (XCD) Holdings Ltd..

Know Your Numbers

In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.

Connect with Company Goals

Familiarise yourself with Exceed (XCD) Holdings Ltd.'s financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!