SENIOR EXECUTIVE, RIG COST CONTROL

JOB PURPOSE

Responsible to support the Drilling Finance & Operations team in monitoring, analyzing and controlling rig-related costs, ensuring accuracy of financial records, compliance with company policies and alignment with budgetary targets.

KEY ACCOUNTABILITIES

•    Prepare monthly, quarterly and annually rig performance and balance sheet position.
•    Closely monitor cost performance of Drilling operations/projects.
•    Consolidate information from all businesses within Drilling Operations.
•    Review, anticipate and recommend pro-active measures to mitigate risks.
•    Directly involved in the full spectrum of the annual Business Planning.
•    Closely liaise with offshore operations team on existing projects performance.
•    Monitor and track daily rig expenditures (OPEX & CAPEX) to ensure costs are within approved budgets.
•    Review, validate and process vendor invoices, purchase orders, and contracts related to rig operations.
•    Liaise with Rig Managers and other supporting departments to capture accurate cost data and ensure timely reporting.
•    Prepare monthly cost reports, variance analyses, and forecasts for management review.
•    Support in developing and maintaining the rig cost allocation model and provide recommendations for cost optimization.
•    Ensure compliance with corporate policies, financial controls, and audit requirements.
•    Provide cost insights to Operations and Management to support decision-making.
•    Maintain proper documentation and filing of all rig cost-related transactions.

QUALIFICATIONS / CERTIFICATIONS

Bachelor's Degree in Finance, Accounting, or a related field.

SKILLS

COMPETENCIES

RELEVANT EXPERIENCE

Minimum 7 years experience in cost control/finance, preferably in the oil & gas drilling industry.