Principal Cost Controls Specialist
McDermott
Principal Cost Controls Specialist
About this role
We are recruiting for an upcoming role at McDermott. If you are passionate about building energy's future and want to be considered when this role becomes available, we encourage you to submit your details.
Job Overview:
The Principal Cost Controls Specialist interprets internal or external business issues and recommends best practices to improve cost and schedule. They will be tasked with solving complex cost management problems and will work independently with minimal guidance. The Principal Cost Controls Specialist may be required to guide junior personnel. As such, they must have in-depth expertise in costing and broad knowledge of the costing discipline within the project controls function.
Key Tasks and Responsibilities:
- Lead the project cost team on a large EPC LNG project
- Support the development of the Work Breakdown Structure (WBS)
- Implement internal and contractual requirements on the project via the project controls execution plan
- Lead setup and implementation of project cost systems
- Responsible for the accuracy of project cost reports
- Analyze and interpret cost forecasting and trending
- Recommends solutions or recovery plans for problem areas
- Lead preparation and review of the project monthly forecast
- Lead the development of the cost spread and cash flows
- Supervise and train junior personnel in all aspects of cost reporting
- Implement and support the Change Management process
- Lead change management efforts, including building of cost estimates
- Lead project cost reviews conducted with management
- Support the development and implementation of the Project Risk and Opportunity process
- Participate or lead the weekly and monthly cost and schedule review meetings
- Create Weekly / Monthly / Quarterly Reports
- Assist in resource planning, recruiting, mentoring, and evaluations
Essential Qualifications and Education:
- Bachelor’s Degree in Business, Finance, Engineering, or Construction Management is preferred
- Ten plus (10+) years of experience in Project Controls
- Must have experience in a large-scale mega EPC projectS in Oil & Gas Construction
- Highly competent in the use of critical project management concepts such as EVM, project planning, risk analysis, and change management)
- Experienced in Cost with a focus on Cost, Risk and Change Management
- Basic understanding of JDE Edwards is a plus
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Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.
For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.
For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.
Frequently Asked Questions
Is the salary disclosed for the Principal Cost Controls Specialist position at McDermott?
The salary for this Principal Cost Controls Specialist role at McDermott is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Principal Cost Controls Specialist position at McDermott located?
This Principal Cost Controls Specialist role at McDermott is based in Chiswick, London, United Kingdom. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Principal Cost Controls Specialist role at McDermott full-time or part-time?
This is listed as a Full time position. It is posted as a Principal Cost Controls Specialist role at McDermott.
How do I apply for the Principal Cost Controls Specialist position at McDermott?
Click the "Apply Now" button on this page. You will be redirected to McDermott's official application portal hosted on oraclecloud where you can submit your application directly.
When was the Principal Cost Controls Specialist job at McDermott posted?
This Principal Cost Controls Specialist position at McDermott was posted on Jun 22, 2026. Apply as soon as possible — early applications are often reviewed first.
Principal Cost Controls Specialist
McDermott
You'll be redirected to McDermott's official application page on oraclecloud.