Costing Manager (Oil & Gas)

  • Sector: Monroe Industrial
  • Contact: Aminah Binti Habib
  • Client: Monroe Consulting Group
  • Location: Selangor
  • Salary: Negotiable
  • Expiry Date: 04 September 2025
  • Job Ref: BBBH484831_1755140737
  • Contact Email: aminah.habib@monroeconsulting.com.my

Executive recruitment company Monroe Consulting Group Malaysia's Industrial Division is recruiting on behalf of a leading global integrated drilling fluids and tools service provider for the position of a Costing Manager. The candidate will be responsible to ensure accurate, timely and value-added analysis and reporting on projects.
Key Responsibilities:

  • Cost control activities include:
  • Set-up project WBS
  • Prepare project control budget
  • Monitor commitment monitoring and expenditure
  • Estimate Forecast at Completion (FAC)
  • Determine value of work done (VOWD) or percentage of completion (%) for revenue recognition
  • Identify, analyze, report and manage variations or changes that affect the project performance and ensure corrective or preventive actions taken when appropriate, and
  • Evaluate issues and risks in monetary value, as part of FAC
  • Prepare and monitor project cashflow.
  • Prepare project costing for new bids/tenders.
  • Establish guideline, processes, procedures and templates for better cost management and monitoring.
  • Manage, supervise, mentor and handholding, if needed, all the team members, and
  • Any other works as instructed or designated by the company.

Key Requirements:

  • Degree or Diploma in Finance/Quantity Surveying.
  • Minimum of eight (8) years working experience in project costing
  • An enterprising go-getter with strong business acumen, and thirst for challenges,
  • Must be a strong self-starter and have a proactive "can-do" attitude, with the ability to work through constraints and ambiguities and deliver high-quality results
  • Possess appropriate contract management skills, commercial awareness and industry knowledge
  • Possess good analytical and technical/contractual writing skills; and
  • Possess an attitude of attention to details and resourceful.