At a Glance
- Tasks: Solve complex project problems and manage costs for energy infrastructure projects.
- Company: Join a global leader in energy transition with over 30,000 experts across 54 countries.
- Benefits: Enjoy opportunities for travel, professional growth, and a dynamic work environment.
- Why this job: Be part of innovative projects that shape the future of energy sustainably.
- Qualifications: Requires a degree in Engineering/Construction/Business and 12+ years in project control.
- Other info: Client-facing role with regular travel to the Milan office.
The predicted salary is between 48000 - 72000 £ per year.
Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.
The Senior Principal Cost Controls Specialist is tasked with solving unique and complex problems that have a negative impact on the project. They must proactively identify and solve problems that impact project performance. The Senior Principal Cost Controls Specialist is considered a specialist in the field of Cost Management and they offer a broad base of knowledge about the Project Controls function. This role requires conceptual and innovative thinking to develop creative solutions to costing challenges. This is a client-facing position that requires regular travel to the Milan office.
- Interpret the project contract and assist the Project Director in its application.
- Provide input to Project Execution Plan.
- With Project Accounting, coordinate all financial, contractual, and administrative issues/works related to the Project.
- Ensure that the project set-up tasks are properly done.
- Support Project Accounting in the compilation and review of all invoices for the project.
- Monitor project costs and revenues; prepare necessary project reports either on a weekly, monthly, or quarterly basis as deemed appropriate or required.
- Evaluate, negotiate, and agree to costs and revenue with client and subcontractor(s) for changes in contract and subcontract work.
- Ensure that all Project Controls systems are properly set up and maintained.
- Support the development of claims including back charges against subcontractors and vendors.
- Responsible for the development of the monthly project EAC.
- Assist the Project Director in the preparation of all financial and contractual correspondence as it relates to the Project Controls function.
- Ensure that clear and accurate records of financial and contractual matters are maintained.
- Monitor key dates, in particular against dates defined in the main contract and any subcontracts.
- Prepare contract supplements.
- Lead the Change Management process on the project.
- Manage the Project Risk and Opportunity Management (PROM).
- Prepare the project close-out report.
- Oversee the cost and progress functions on the project in the completion of their tasks.
- Support Regional and Global Project Controls with ad hoc tasks as required.
- Liaise with other personnel within the Projects Controls function to improve the accuracy of schedules, cost estimates, contract strategies, etc. by benchmarking and including feedback on upcoming projects.
Degree in Engineering/Construction/Business or related field, or equivalent combinations of technical training or experience. At least 12+ years of experience in project control activities. Supervisory experience in a matrix environment and progressive experience working for a contractor. Solid background in the oil and gas industry.
Senior Field Specialist employer: McDermott International, Ltd
Contact Detail:
McDermott International, Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Field Specialist
✨Tip Number 1
Network with professionals in the energy sector, especially those involved in project controls and cost management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the specific software and tools commonly used in project controls and cost management within the oil and gas industry. Being proficient in these tools can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your problem-solving skills in detail during interviews. Be ready to share examples of how you've tackled complex issues in past projects, particularly those that required innovative thinking and collaboration.
✨Tip Number 4
Research StudySmarter's recent projects and initiatives in the energy sector. Understanding our company’s values and recent achievements will help you tailor your conversations and demonstrate your genuine interest in joining our team.
We think you need these skills to ace Senior Field Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in project control activities, particularly in the oil and gas industry. Emphasise your supervisory experience and any specific achievements that demonstrate your ability to solve complex problems.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company’s mission. Mention your experience with cost management and how you can contribute to their projects, especially in relation to the energy transition.
Highlight Relevant Skills: In your application, clearly outline your skills related to project controls, financial management, and risk management. Use specific examples from your past work to illustrate your expertise and innovative thinking.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the Senior Field Specialist role.
How to prepare for a job interview at McDermott International, Ltd
✨Understand the Energy Sector
Familiarise yourself with the latest trends and challenges in the energy sector, especially regarding subsea infrastructure and offshore wind projects. This knowledge will help you demonstrate your understanding of the industry during the interview.
✨Showcase Problem-Solving Skills
Prepare examples from your past experience where you've successfully identified and solved complex problems related to project controls. Highlight your innovative thinking and how it led to improved project performance.
✨Emphasise Financial Acumen
Be ready to discuss your experience with financial management, including cost monitoring, invoicing, and contract negotiations. Providing specific examples will show your capability in handling the financial aspects of project controls.
✨Demonstrate Team Collaboration
Since this role involves liaising with various teams, prepare to discuss how you've effectively collaborated with different stakeholders in previous roles. Highlight your ability to work in a matrix environment and support cross-functional teams.