GSO

Drilling Cost Controller

Grupo Simples is recruiting a Drilling Cost Controller to be part of their time. The selected candidate will be responsible for executing Drilling Cost Controller related tasks directly within the company operations, ensuring that project costs are accurate, traceable and that invoices are paid in timely manner while interacting with the suppliers, finance payable and accounting section and supply chain Department while performing billing tracking and receivable procedure.

Key Responsibilities:

  • Daily drilling cost forecasting and project cost control;
  • Provide custodianship of the drilling forecast cost model. This includes working closely with the drilling team to deliver accurate daily cost updates to the forecast during drilling operations;
  • During drilling prepare and distribute daily or weekly financial drilling reports;
  • Work with the Procurement Team to ensure the purchase and service orders are progressed and tracked to conclusion;
  • Review all drilling and seismic invoices for conformity to contract terms and prices, duplicate invoices, cost recoverability and tax compliance;
  • Budget and AFE Coordinator for Drilling and Seismic Operations;
  • Providing support to the Director of Drilling in preparing then monitoring drilling budgets and forecasts;
  • Track the drilling cost estimates in well AFE templates for actual expenditures;
  • Month-end Planned vs Actual Cost Reconciliation Duties;
  • Participate in the month end process by preparing and posting accruals, movements in inventory and adjustments to drilling cost centers;
  • Assistance in maintaining the tangibles inventory record within the accounting system. Ensure inventory transfers are properly invoiced between entities and settled;
  • Provide asset accountants with monthly reconciliations of drilling related ledger balances;
  • Non-Operator and Government (Cost Recovery) Audits;
  • Prepare drilling well cost reconciliation files with particular emphasis on materials consumption in a manner that gives non operators comfort on billings and provides the required justification for Cost Recovery;
  • Work with the Joint Venture accountant to assist in all aspects of non-operator audits;
  • Ensure all supporting documents (level consumption records, supplier documents, etc.) are available and filed with the well reconciliations in preparation for future audits.
  • General Management Accounting;
  • Assist the finance team with ad-hoc project accounting work;

Qualifications:

  • Bachelor's degree in Finance, Accounting, Business Administration, or related field;
  • 5+ years in drilling cost forecasting and project cost control;
  • Proven experience in cost control, financial analysis, or project management, preferably in the oil and gas industry;
  • Strong analytical skills with the ability to interpret complex financial data and identify trends;
  • Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams;
  • Proficiency in financial management software and Microsoft Excel;
  • Knowledge of drilling and exploration operations and associated cost drivers is desirable;
  • Professional certifications such as CPA, CMA, or PMP are a plus;

Apply now

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