Cost and Budget Controller

Looking forward to work in Oil & Gas Industry.

Present Assignment: COST & BUDGET CONTROLLER (B2B & SAP)

In short my exposure in ARAMCO JV KOC (Khafji Joint Operations) environment can be noted as below:

• Cost / Budget Control & Invoice Verification for SRM (B2B) and SAP (ERP) Invoices.
• Preparation of Five (5) Years Business Plan (Work Program & Budget)
• Preparation and update of MPU & BISR (Monthly Progress Update & Budget Item Summary Report)
• Processing both B2B & SAP (Non-B2B) Invoices for Milestone, Unit Rate & EPC Contracts.
• Analyzing Manpower Allocation of B2B Contractor / PMS on Yearly/Monthly basis against the active Capital Project.
• Prepare project Authorization for Expenditure (AFE) in concert with Project Lead and monitor AFE approval process.
• Preparing report on AUC (Asset Under Construction) on year ending & Final AUC upon MCC (Mechanical Completion Certificate)
• Creation of Shopping Cart
• Reviewing of CONFIRMATIONS & Generate reports in Pivot Table & Match / Index to submit the status report to Management.
• Follow up for Field Tickets (Time sheets of Unit Rate Contract)
• De-Commit the PO in B2B
• Generating different BI Reports based on Contract No, WBS No, Vendor No, Purchase Order No etc.
• Monthly man-month
• Preparation of Monthly Cash Call
• Preparation of Monthly & Yearly Accrual
• MPU & QPU
• Tracking the Cash Flow against the Plan Vs Actual.
• Prepare Cost Variation Report based on Annual Contractor Cash Flow, also prepare CVR based on Annual Approved Budget Vs Actual Expenditure.

Budgeting & Financial Reporting:

- Responsible as TEAM member to participate in the preparation of Five (5) Years Business Plan.
- Coordinate with Corporate Planning Dept. for several changes made prior to finalizing the BP.
- Raising Authorization For Expenditure (AFE) in the SAP after the approval of BP to utilize the Budget.
- Interface with Project Management to monitor and control the approved Budget in line the BP.
- Coordinate with PCD Top Management to achieve the agreed KPI (Key Performance Indicator) of the Department. As well follow up with different PMT to ensure that the Contractor progress & relevant payments are done to meet the Dept. KPI.

Bachelor Degree in Accounting

Qualifications:

BACHELOR DEGREE IN ACCOUNTING & BUSINESS ADMINSTRATION (B.COM)
MASTER DEGREE IN BUSINESS ADMINISTRATION (MBA IN FINANCE) CONTINUE IN DISTANCE EDUCATION, BHARATHIAR UNIVERSITY, COIMBATOR.
DIPLOMA IN PHYSICS, MATH & CHEMISTRY (HIGHER SECONDARY)
DIPLOMA IN COMPUTER SCIENCE
COURSES ON SAP & PRIMAVERA EXPEDITION (SAUDI ARAMCO DELRINA, MIS)

Skills & Competencies:
Budgeting, Cost Controlling & Reviewing EPC, Unit Rate, Milestone B2B & SAP Invoices
Financial Analysis / Reporting, Exposure to preparation of Five (5) Year Business Plan of the Capital & NDE Project
OPEX / CAPEX / Variance Analysis
Year Ending Analysis of AUC (Assets Under Construction)
Invoice Cost Variance Report & Budget Cost Variance Report Vs KPI
Sound experience in Oil & Gas Project Management Team. Familiar with Project Cycle from DBSB Stage to Mechanical Completion (MCC)/ Warranty Period.
Exposure to all Cost Control Procedures of KJO / Aramco, such as Invoice Verification Procedure, Project Close-out Procedures, Accrual Procedure, KJO Cash Call Procedure, Monthly Progress Update(MPU) /Quarterly Project Update (QPU), B2B Invoice Processing Cycle, SAP Invoice Processing Cycle.
Familiar Saudi Aramco Desktop Standard & KJO Policies / Procedures.
Effective Communication Skills
Demonstrated ability to manage challenging clients & business environments.
Capable of handling multi tasks.
Capable of prioritising the tasks based on the Project Requirement
Experienced in working with multinational workforce
Middle East Experience, especially in client side (PMS / PMC)