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Friday, September 28, 2012

Drilling Cost Controller - Cameroon

Apply Position Description Supporting the drilling teams in formulating budgets for both corporate and external cycles. Assisting the drilling department with the preparation of Authorisations for Expenditure (AFEs), particularly as regards developing realistic cost estimates for activity line items within each AFE. Developing and producing cost reports for submission to the drilling team, the Cameroon leadership team, and the corporate office to explain the drilling cost performance. Provide regular updates of drilling cost performance versus budgets and AFEs. Timely and accurate preparation of monthly Value of Work Done (VOWD) cost estimates and monthly/quarterly re- forecasts. Supporting the Contracts & Procurement team in the contracting and procurement of drilling materials and services, ensuring that C&P activity falls within planned budgets and that drilling requisitions are coded correctly. Organise and participate in regular inventory/stock checks at all locations where drilling stock is held (including 3rd party storage). Providing any and all necessary support during routine audits of drilling costs by corporate auditors, partners, and statutory auditors. In a more general context, assisting the wider Operations and Facilities Engineering teams to develop best practice cost control techniques, procedures and tools. Principal coaching and mentoring accountabilities will include: In coordination with the Finance Manager, crafting a training and development plan for the national cost control staff. Providing on-the-job training for national cost controllers. Day-to-day supervision of the national cost control staff in the performance of their assigned duties, including conducting quality checks on all work to ensure it meets the expectations of the client departments. Position Requirements Bachelors degree in relevant subject field required; formal accounting qualification is strongly preferred. A minimum of 10 years experience in finance roles in the oil and gas industry is a must, with at least 3 years experience in direct support of drilling activities. Good knowledge of purchase to pay and financial accounting systems is required. Previous experience with Sun and Proactis would be ideal, but is not a requirement. Previous experience working in developing countries mentoring national staff is a requirement. Work experience in sub-Saharan Africa would be ideal, but is not a requirement. A proven ability to work in a dynamic, multicultural environment is essential. Fully conversant with standard oil & gas/joint venture accounting practices. Good understanding of E&P operations particularly drilling and well services operations. Bachelors Degree Hons or equivalent
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