Cost Controller

Anchorage, Alaska, United States
  • 1
image description
5 + Years Experience

Company: Competentia
Skills: Budget / Cost Control, Cost Engineer
Experience: 5 + Years
Education: Bachelors/3-5 yr Degree
Employment Type: Full Time Contractor
Location: Anchorage, Alaska, United States

In order to apply for this position, applicants MUST meet the following criteria. If your resume does not match these criteria, you will not be able to apply for this position.

Located in region: North America

Our client, an international Exploration and Production Operator, is currently seeking a Cost Controller to join their Anchorage, AK, team. This is an immediate opening. Competitive pay and benefits package, with a matching 401K.

Overview of Responsibilities:

  • Responsible for documentation, tracking and reporting of AK Opex and Capex budgets for Production, Maintenance, Well Operations, Safety Environmental Quality, and Logistics Departments. Additional support may also be needed for the ICT (Telecom), Health, and other ancillary groups.
  • Coordinate and support budgeting creating and cost optimization actions.

Detailed Responsibilities:

  • Ensure correct and consistent cost allocation/ coding of OPEX WBS and Capex AFE.
  • Support development of year end, annual and 4-year budget/ spend forecasts
  • Assist Department Managers and contract owners by generating reports providing Year to Date and historical spending together with yearend extrapolations as relevant
  • Assist Department Managers and contract owners in creating a bottoms-up detailed CAPEX and OPEX budget for their scopes of work. Ensure these budgets are maintained in the CORA forecasting tool.
  • Responsible for the timely and quality control of CAPEX and OPEX consistent with project status, invoices received and indications received from Asset Managers
  • Develop monthly Accrual data reflects Value of Work done for all AK functional groups (excluding drilling)
  • Review value of work complete for all AFE's and WBS's with Department Managers and contract owners to ensure accurate monthly, quarterly and annual accruals
  • Responsible for initiating the close out of relevant AFE's and checking close out forms for content prior to their approval by Department Managers or contract owners
  • Responsible for providing the final project costs for all close outs and ensure concurrence with Finance
  • Ensure tracking of projects costs consistent with authorized amounts. Advise Department Manager, Business Services' Manager and/or contract owner when a re-authorization may be necessary
  • Responsible for timely creation and approval of AFEs prior to commencement of work
  • Develop, implement and maintain process to track costs, which help contract managers identify spending trends and opportunities to save money
  • Analysis spend and help identify opportunities to reduce costs
  • Verify as needed costs are charged/ invoiced per the contract


  • Comply with relevant Client Policies and Management System Guidelines (MSG) as far as Project authorization, follow up and close out
Main Interfaces:
Interact regularly with Alaska Management Team including Production Manager, Maintenance and Asset Integrity Manager, Well Operations Project Manager, SEQ Manager, Logistics Supervisor, and Procurement Supervisor.

Required competencies:

  • 5+ years' experience in the oil and gas industry preferred, with a minimum of 3 years in finance/ cost administration/ accounting
  • University degree or equivalent (preferably Business).
  • Experience with budget creation, tracking, accruals and reporting.
  • MS Office required, SAP desirable.
  • Well organized, able to solve problems and manage competing priorities.
  • Great teamwork, results delivery and communications skills.
  • Knowledge of drilling and production operations.

Working Conditions:

Anchorage-based office position. Infrequent travel to the North Slope or Houston may be required.

Health, Safety & Environmental Risk Category: Low