Well Cost Controller at Transtidal Energy Limited

Job Responsibilities

• Prepares annual budget (both Corporate & Partner) for entity in conjunction with technical responsible
• Prepares revised forecast information based on latest work scope
• Participates in NAPIMS Sub-Committee meetings to defend Budget / Performance in order to achieve thenecessary approvals
• Prepares all necessary documentation for the month end closure (manual accrual’s, SKF’s, etc.) to ensure anaccurate financial performance
• Ensures all tasks are carried out in order to achieve SOX compliance
• Prepares monthly cost report with variance analysis to help technical responsible manage their budgets / costs
• Provides monthly information for the NAPIMS cash call to ensure sufficient funding for the activities
• Process and verify invoices to ensure timely payment
• Schedules meetings monthly to discuss reports and finance-related issues with Technical responsible.
• Ad hoc variance analysis for District management / Corporate Finance
• Prepares annual budget (both Corporate & Partner) for entity in conjunction with technical responsible
• Prepares revised forecast information based on latest work scope
• Participates in NAPIMS Sub-Committee meetings to defend Budget / Performance in order to achieve the necessary approvals
• Prepares all necessary documentation for the month-end closure (manual accrual’s, SKF’s, etc.) to ensure an accurate financial performance
• Ensures all tasks are carried out in order to achieve SOX compliance
• Prepares monthly cost report with variance analysis to help technical responsible manage their budgets / costs
• Provides monthly information for the NAPIMS cash call to ensure sufficient funding for the activities
• Process and verify invoices to ensure timely payment
• Schedules meetings monthly to discuss reports and finance-related issues with Technical responsible.
• Ad hoc variance analysis for District management / Corporate Finance

Specific:

• Periodic reconciliation of technical cost sheets with SAP Values to ensure adequate follow-up of daily drilling cost.
• Creation of RFS purchase orders and maintenance of schedules for proper cost follow-up.
• Reporting to the Senior Cost Controller, support co-ordinate, perform and control the activities of the Project Cost Control function. To prepare, analyze, evaluate, process and present information and documentation relating to the Project budget and cost control activities.
• Control and input the commitments data means and in particular:
• Collecting and process all Timesheets, Travel expenses data and documents relating to the team members and contractors.
• Register the project invoices in the project cost control system.
• Provides correct expense figures as requested to be given to Heads of Department.
• Ensures administrative and operation cost figures are correctly recorded and relevant expenses accounted.
• Ensures the accurate recording of all sundry and consumable goods purchased.
• Provides daily cost of all sundry and consumable goods issued to various hotel departments.
• Monitors daily input of stock movement (purchasing, receiving, issuing, transfers) into computer system on a cost basis.
• Analyzes food and beverage costs weekly.
• Prepares timetable and stock sheets for regular stock takes and coordinates timely counting and valuation.
• Approves invoices and statements for purchase prices as detailed from purchasing.
• Researches costs for printing menus, sales kits, stationary, brochures, fax paper, etc.
• Ensures sufficient supply of all stationery items required for efficient operation.
• To co-operate with all organizations and persons engaged in activities designed to enhance the development and standing of purchasing.
• To consider and set-up the Economic Ordering Quantity (EOQ).
• Ensures work area is clean and well organized.
• Maintains correct security procedures according to hotel policy.
• Provides assistance to guests in all hotel emergency evacuation and medical procedures.
• Reports any health or safety hazards to the General Manager.
• Performs other duties that may be required by the General Manage.