Project Cost Control Team Lead

What will you be doing?

• Lead, coach, and develop a team of Cost Controllers ensuring high performance, accountability, and continuous capability development.
• Allocate work effectively across the team, balancing workload and project priorities.
• Establish clear roles, responsibilities, and performance expectations aligned with organisational objectives.
• Promote a culture of collaboration, continuous improvement, and knowledge sharing within the team.
• Ensure full compliance with all relevant policies, procedures, financial controls, and regulatory requirements.
• Drive standardisation and continuous improvement of cost control processes, systems, and reporting practices.
• Ensure alignment and effective utilisation of cost control systems and tools, consistent application of best practices and ways of working across all projects and tenders.
• Oversee development, validation, and ongoing management of project budgets and cash flow forecasts (in/out).
• Oversee reconciliation of forecasted and actual expenditures, including accruals.
• Monitor and report project cash flow, financial obligations, and key performance indicators (KPIs) on a monthly and quarterly basis.
• Provide insightful analysis and recommendations to support decision-making by senior management.
• Ensure timely and accurate preparation of Project Cost Reports and inputs for Regional/Corporate reporting.
• Ensure clear communication of financial status, risks, and opportunities Lead regular team meetings to communicate priorities, share knowledge, and drive continuous improvement.
• Support recruitment, onboarding, and training of new team members as required.
• Foster a collaborative and positive team environment aligned with Subsea 7 values.

KEY RELATIONSHIPS/ STAKEHOLDERS

External:

• Clients
• External Auditors

Internal:

• Project team functions within Subsea 7, including Project Managers, Supply Chain Management (SCM), Project Engineering Managers, Offshore Manager and Supervisors
• Internal Audit
• Management & Finance Reporting Team
• Treasury
• Tax
• Tendering