Job Description
• Prepare monthly Cost Control reports for budget holding entities and management and coordinate compilation of credible comments (variance analysis) from the cost control team.
• Ensure budget/performance monitoring and reporting. Track budget variances and challenge budget owners on any deviation from approved cost baseline.
• Organise regular cost review meetings with Budget Holders to identify opportunities to improve budgetary control.
• Plan, direct, and control the activities under his/her perimeter.
• Review, analyze and update accurate forecasts in collaboration with budget holders
• Carry out release process of Purchase Requisitions / Purchase Orders after making Budget Availability Control and checking correctness of amounts, cost allocations, cost objects as an integral part of the P2P process.
• In charge of controlling the relevancy of the cost allocation of the invoices through IMP.
• Prepare SALSA accruals, manual accruals, Cost objects review, etc. as part of the monthly accounting closure activities.
• Ensure that potential budget overruns are anticipated and corrective measures are in place to ensure the recoverability of all costs.
• Review Change Order requests and/or potential variations that impact budget and forecasts, and maintain appropriate register.
• Support respective entities to follow up on all financial and cost control issues.
• In charge of HQ Request For Services (RFS) creation and monitoring in his/her perimeter.
• Lead discussions with Managers on Cost structure to reach best compromise between cost monitoring needs and accounting and system constraints.
• Establish appropriate coordination with other project functions to ensure compatibility with the Cost Control requirements and timely flow of the information.
• Prepare all reports relative to cost control activities for authorities including Cost Recovery Statements, AFEs if required e.t.c.
• Prepare the monthly Cost Control flash report by workday 4 for circulation to Budget & Reporting team.
• Support responses to audits and/or queries from various stakeholders (e.g. internal/external auditors, Ugandan authorities, etc) such as the provision of justifications for expenditure, etc.
• Involvement in budget and closure forecast preparation in conjunction with Budget holders of Total E&P Uganda as Operator of EA-1 and LA-2.
• Preparation of operating procedures for cost control in his/her perimeter.
• Review monthly activity reports to allow effective cost allocations.
• Carry out induction of new Cost Controllers to ensure effective knowledge transfer.

Candidate profile
• Bachelor’s degree in Finance, Engineering or Operations Management. Professional qualification ACCA/CPA added advantage
• Minimum of 8 years’ experience in Cost Control in Oil & Gas upstream Sector.
• Good knowledge of FI/CO/MM/JVA domains of SAP accounting software.
• Excellent knowledge of Microsoft Office (Excel, Power Point and Word).
• Excellent communication, interpersonal, analytical and computational skills.
• Good knowledge of the Oil & Gas business