Principal Cost Controls Specialist

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. 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. Essential Qualifications and Education:Bachelor’s Degree in Business, Finance, Engineering, or Construction Management is preferred Ten plus (10+) years of experience in Project ControlsMust have experience in a large-scale mega EPC projectS in Oil & Gas ConstructionHighly 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 ManagementBasic understanding of JDE Edwards is a plus#LI-LJ1#LI-HYBRIDKey Tasks and Responsibilities:Lead the project cost team on a large EPC LNG projectSupport the development of the Work Breakdown Structure (WBS)Implement internal and contractual requirements on the project via the project controls execution planLead setup and implementation of project cost systemsResponsible for the accuracy of project cost reportsAnalyze and interpret cost forecasting and trendingRecommends solutions or recovery plans for problem areasLead preparation and review of the project monthly forecastLead the development of the cost spread and cash flowsSupervise and train junior personnel in all aspects of cost reportingImplement and support the Change Management processLead change management efforts, including building of cost estimatesLead project cost reviews conducted with managementSupport the development and implementation of the Project Risk and Opportunity processParticipate or lead the weekly and monthly cost and schedule review meetingsCreate Weekly / Monthly / Quarterly ReportsAssist in resource planning, recruiting, mentoring, and evaluationsFull timePosting Date: 2026-06-22