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Cost contoller
Job Type: Full-Time


From 0 to 2012
Federal University of Science & Technology, Owerri
From 0 to 2000
Delta State University, Abraka
From 0 to 1993
Benin Technical College, Benin City
No added languages


Cost Controller
Saipem Contracting Nigeria Limited
May 2006 - Present Day (11 years 3 months)


Assisting the Project Manager in achieving the profits target of the Project via cost control activities, such as Budgeting, Cost monitoring, and forecasting.

Participate in the Project Budget Preparation, Collaborate with the Project manager and Project Cost/Planning Coordinator to Prepare revise the Control/Operative budget for the project.

Preparation of CBS (Cost Breakdown Structure) for Project use.

Generation of monthly/Quarterly Project Status Report PSR for Management purposes.

Monthly Preparation and issue the Cost Control Reports CCR for internal use.

Preparation of Local Content Report (LCR) for the Project.

Prepare Project monthly Current forecast for Cost and Revenue Estimations

Cost/Revenue Variance analysis

Cash flow Management. (Inflow and Outflow)

Preparation of Invoice sent to client base on Progress and milestone archived

Monitoring and Updating of Project Invoice Status especially those reimbursable to the company.

Preparation and updating of Manual/Auto Accrual and analysis

Preparation/Calculation of cost for Variation Order for the Contract Administrator.

Interest rate calculation on overdue Invoices from client

Risk and Opportunity knowledge Management and Mitigation techniques.

Correct allocation of CBS codes to different objects of expense e.g. Purchase Requests (PR), Purchase Orders (PO) and Material requisitions (MR).

Analyzing Extractions of various Project Cost and Revenue views; including the monitoring of approved Purchase Orders in SAP.

Approving of Management Issue (MI) on Purchase Request (PR).

CBS/WBS Coding of Invoices and SAP extractions for effective Cost tracking.

Participate to monitor and control of the Project expenditures

Participate to the identification and anticipation of major changes, propose corrective actions in order to avoid or minimize Project costs impact during Project, Follow up of Change orders, update of related POs.

Analyse, interpret, comment on and forecast the relevant key Performance Indicators on the projects.

Monitor the Project related performances through SAP system and Excel files, to ensure cost performance go on as planned with respect to schedule

Progress reporting with respect to cost.

Ensure that all Projects are managed in accordance with the Cost Control management Procedure.