Job Overview: The Senior Cost Controls Specialist uses best practices and knowledge of internal or external issues to improve the costing discipline within McDermott. They will act as a resource for colleagues with less experience and share their conceptual and practical expertise related to the cost discipline. The Senior Cost Controls Specialist solves complex problems and uses their discipline-specific knowledge to improve their products or services. The Senior Cost Controls Specialist impacts a range of customer, operational, project, or service activities. Key Tasks and Responsibilities: • Understands constructability concepts, workflow processes (the how it’s built) & related interdependencies between Engineering, Procurement, Fabrication, and Construction • Able to understand and apply contractual requirements and implementation on the project via the project controls execution plan • Set up and implement project controls systems • Set up and maintain project controls reports • Adheres to McDermott's internal project controls processes • Analyze and interpret cost forecasting and trending • Recommend solutions or recovery plans for problem areas • Prepare Project Forecast monthly • Monitor variations from the scope of work, capture, maintain, and assess related impacts • Support determining the required monthly accruals that are processed by accounts payable • Monitor cost coding system is properly applied, and information flow is correct and complete • Analyze committed costs and activities to date, actual vs budget, performance, and productivity • Perform any other related duties as required Essential Qualifications and Education: • Bachelor’s degree in business, Finance, Engineering, Construction Management, or related fields or • 7-10 years of experience in a similar role • Good knowledge of MS Office and must have Advanced Excel skills • Problem-solving attitude and high level of coordination skills • Ability to understand the project scope, schedule, and its relationship to cost and progress • Demonstrated effectiveness in prioritizing multiple tasks, and managing efforts to meet deadlines • Demonstrated effectiveness in working with others in a multifunctional team • Has good working knowledge and understanding of cost, schedule, estimating, and accounting interfaces • A basic understanding of JD Edwards is a plus #LI-CA1 #LI-DNI