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Wells Cost Controller / Azerbaijan

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Added:12-Jun-19
Location: Baku city, Azerbaijan
Salary:Negotiable
Duration:Contract
Apjid3 View all jobs by this recruiter

The Wells Cost Controller is responsible for planning, development, tracking, analysis and reports on drilling/completion/work over (Wells) projects costs / AFEs and checking and approval of invoices associated with the execution of well projects. Ensures operational and project expenditures are effectively managed, controlled and monitored.

The primary responsibilities of the Wells Cost Controller are:

  • Manages month?end well accruals, which are calculated and posted onto Company existing cost control system and SAP in future
  • Checks and maintains daily Wells operational forecasts
  • Reviews variance analysis against budget/previous forecasts
  • Seen as the first point of contact for all Wells accounting requests
  • Oversees the production of Wells costs for the Company management
  • Verifies invoices, which includes coding, contract compliance, checking against contract, commitment, budget levels
  • Provides operational supervision to Accounts Payable Analyst for resolving complex dispute invoices, by close interaction with Wells team and vendors
  • Organises and participates in regular Inventory/stock checks at all locations where stock is held (including third party storage)
  • Presents Company?operated Wells accounting status to internal management and partners
  • Supports the Finance Manager in managing finance related matters emerging on interfaces between the Wells department, Finance department, Company management and Board of Directors

Personal Specification

  • Bachelor degree in Financial discipline and Master's degree would be an asset.
  • In?depth knowledge of Drilling/Completion/Workover Accounting ? Minimum 4 years relevant experience
  • Experience with SAP and financial accounting (FI) modules
  • Good understanding of drilling equipment and Well delivery processes
  • Solid forecasting and arithmetic skills
  • Knowledge/understanding of stock, inventory control and management
  • Comfortable working strategically as well as tactically
  • Proven project management skills
  • Proven commercial awareness
  • Ability to communicate effectively at all levels
  • Experience in Planning and Project Management
  • Demonstrated ability to identify and implement opportunities for improvement
  • A self?starter, innovative and able to identify priorities, willing to take up new tasks
  • Ability to work to tight deadlines and prioritise work
  • Strong networking, interpersonal and presentation skills
  • Strong analytical and troubleshooting skills



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