Job Title: Drilling Cost Controller
WTS Energy – Lagos
Job description
COST ACCOUNTING STRUCTURE
• Build up well cost control structure based on Client`s SA standard and the Deep-Water District organization.
BUDGET / COST ANALYSIS
For each Budget or PDC target, define with the drilling engineer the drilling planning & wells program leading to the drilling budget booklet
Provide to Manager Client`s Budget and Cost Control, Budget Brochure for Partners and NAPIMS purpose
Attend the different SUBCOMs for budget/performance defence/review with NAPIMS
Upload the budget or the PDC in UNISUP within set deadlines.
Promptly provide to the CLIENT`S Budget and Cost Control Manager, the updated Closure Forecast, main highlights, trend, area of concerns and cost/variance analysis not later than 3 days after Monthly Closure.
Produce on a monthly basis Cost Report to the Package and to CLIENT`S Budget and Cost Control Manager.
Update the Drillex EFC on a monthly basis and the LOP for main budget session.
ROUTINE COST ACTIVITES
Support to drilling team for daily well cost follow-up.
Prepare a cost booklet with the drilling engineer (list of contracts related to the drilling campaign, details of the daily fixed well cost, details of all contracts
Prepare AFE before start of drilling on a particular well. Prepare well cost input Well Location Report and End of Well Report for submission to DPR/NAPIMS.
In the P2P (Purchase to Pay) process, check the destination (WBS) and budget availability of the PO/PRs.
Organise regular cost review meetings with Budget Responsible to identify opportunities to improve budgetary control.
Review and issue the monthly Rig activity report to aid effective cost allocations between different operations.
Follow up stock reconciliation between quantities issued to wells and quantities actually consumed and the consequent stock reintegration.
Ensure monthly accruals are generated in the cost objects (WBS, cost centres etc) for Services/services already performed but yet to be invoiced using the UNISUP Scheduler/UNISUP Service Entry Sheets/Manual Accruals (following review with the operational managers to review the progress status of performed work). Also provide SKF for common cost allocation for monthly closures.
Follow-up service contract related to Drilling Package
Ensure proper commitments follow-up in UNISUP using the commitments report from the Business Warehouse to ensure that expenditures are in line with commitments and budgets
Make sure all the Cost Control processes are compliant with SOX (ABS) procedures.
Prepare monthly cash call for Drilling activities to enable call for funds from Partners.
Regular interface with Nigerian subsidiary for the follow-up of Project invoices payment and UNISUP functionality for cost control functions. Manage the RFS process within the package
Respond to queries raised by auditors (internal, partners etc), internal control, vendors etc.
Ensure the DOA within the package is in place
GENERAL
Ensure confidentiality is maintained
Assists hierarchy in ensuring good cost control practices with the aim of producing defendable budgets and performance figures.
Ensure good coordination with Contracts, Panning, other members of the package as well as the Deep-Water Organisation, Tech-Log and Cost Control CLIENT`S Central team
HSE
To fully comply with office security, health and safety instructions.
To stay vigilant and maintain continuous awareness of hazards and surroundings.
To report to Management on any issue they may face or observe and propose way of improvement.
To also take care of colleagues safety and behaviour without hesitating to intervene as much as necessary.
To give his own input and making sure the workplace is safe (obviously clean and tidy).
To fully comply with Security rules about Travelling in Nigeria
Desired Skills and Experience
Bsc/HND or its equivalent in Social Science/Engineering with minimum of 10 years post qual. experience
Good analytical skill and knowledge of cost control tools such UNISUP (SAP), Business Warehouse, Microsoft Office Suites etc.
Good knowledge of the Oil & Gas business and good knowledge of drilling operations
Good communication and interpersonal skills
Good Accounting knowledge (Cost allocations, accruals etc
How to Apply
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