Project Cost Controller

Be Part of the Future of Offshore Engineering - Join 2H Offshore as a Project Cost Controller (Kuala Lumpur)

Employment Type: Full-time, 12-Month Fixed Term Contract

2H, Acteon's Engineering consultancy, turns offshore engineering challenges into your competitive advantage. Combining unrivalled domain knowledge with leading-edge technology, our agile consultancy enhances project-critical decisions, optimises economic viability and minimises risk throughout the energy project lifecycle. With proactive digital monitoring and industry expertise, we help you stay ahead, driving efficiencies and ensuring rigour from design to decommissioning.

We are looking for a Project Cost Controller to join our expanding team in Kuala Lumpur. As a Project Cost Controller, you will be part of a dynamic, multi-disciplinary project team and will be responsible for cost control across all projects, including cost management, planning, and reporting to 2H senior management and project managers.

What You'll Be Doing:

• Lead the development, implementation, and execution of project cost control, planning, and reporting within the contracted scope
• Establish and manage budgets, manpower plans, marine spread costing, procurement interfaces, and cost forecasts
• Monitor and reconcile costs, purchase orders, invoices, and payments to ensure financial accuracy
• Prepare and issue monthly project management and cost reports (PMR) and maintain cost control procedures
• Track and manage variation orders, risks, and opportunities to maintain project profitability
• Collaborate closely with the Project Manager, Financial Controller, Planner, and Contracts team to manage change control, scheduling impacts, and cash flow forecasts
• Support procurement and supply chain activities through cost input, vendor evaluation, and forecasting
• Maintain invoicing, risk, and variation registers and follow up on client and vendor payments
• Participate in risk management, project reviews, and close-out reporting, identifying areas for improvement in cost processes

What We're Looking For:

This role requires proven management, engineering, and construction site cost control capability, along with a track record of successfully delivering and overseeing cost control services for engineering, onshore fabrication, and offshore installation projects to meet project and client needs. Candidates should have experience interacting with both project management and clients at a senior level and possess a solid understanding of what is required to operate effectively in that environment.

Additionally, the successful candidate should bring qualifications and proven experience of:

• 10 years relevant experience working in cost control in the engineering, procurement, construction and installation industry
• Experienced and qualified with accountancy software platforms such as Navision/Sage/SAP/ORACLE in application to complex programmes and projects
• Ability to estimate, plan and set standards at both macro and micro level

• Familiarity with construction site equipment, techniques and logistics

• Relevant experience in the following:

• Yard fabrication and Assembly
• Procurement of Long lead Item and smaller scope with the associated logistic
• Commissioning sequences Onshore and Offshore

• Offshore Operations

• Good oral and written communication skills

• Good working knowledge of Microsoft office suite especially MS Excel and MS Project
• Ability to work under your own initiative and part as a team is essential
• Be able to communicate effectively with peers and project stakeholders at all levels
• Responsible for Cost Control for all Projects, ensuring the management of cost control, planning and reporting to the 2H senior management including project managers