Senior Principal Cost Controls Spec

Overview

In this role you drive cost control leadership for complex projects, shaping project performance and resource allocation within a leading contractor. You apply specialist cost management expertise to identify and solve costing challenges, collaborating across Project Controls to support bids, execution, and close-out. You will influence contract scope, forecasts, and risk handling on major energy projects, including subsea and offshore wind initiatives. This is a high-impact position for someone who thrives on innovative problem solving and cross-functional leadership to deliver safe, sustainable outcomes.

Responsabilità

• Interpret contracts and advise the Project Director on application
• Input to the Project Execution Plan and ensure proper project setup
• Coordinate financial, contractual, and administrative issues with Project Accounting
• Monitor costs and revenues; prepare weekly/monthly/quarterly reports
• Negotiate costs and revenue changes with client/subcontractors; escalate as needed
• Maintain and set up Project Controls systems; support claims development
• Develop the monthly estimate at completion (EAC) for the project
• Prepare financial and contractual correspondence related to Project Controls
• Maintain clear records of financial/contractual matters; monitor key milestones and dates
• Prepare contract supplements on larger projects; attend cost, progress, and contractual meetings
• Lead the Change Management process and manage PROM (Risk & Opportunity Management)
• Prepare the project close-out report and oversee cost/progress functions
• Support regional/global Project Controls with ad hoc tasks and benchmarking
• Collaborate to improve schedules, cost estimates, contract strategies, and bid support
• Ensure adherence to McDermott systems and processes

Requisiti fondamentali

• 12+ years of experience in project control activities
• Supervisory experience in a matrix environment
• Progressive experience working for a contractor
• Solid background in the oil and gas industry
• Familiarity with Primavera P6
• Degree in Engineering/Construction/Business or related field
• Ability to interpret contracts and coordinate project financials
• leadership in a matrix organization
• strong communication and liaison abilities
• problem solving and proactive thinking
• Cost management and controls
• Project accounting coordination
• Contract management and negotiations