Senior Principal Cost Controls Spec
Pubblicato il 24-08-2026 - McDermott International in Turbigo
Job DescriptionThe Senior Principal Cost Controls Spec is tasked with solving unique and complex problems that have a negative impact on the project. They must proactively identify and solve problems that impact project performance. The Senior Principal Cost Controls Spec is considered a specialist in the field of Cost Management and they offer a broad base of knowledge about the Project Controls function. The Senior Principal Cost Controls Spec impacts the direction and resource allocation of programs and projects in their discipline and works within general functional policies and industry guidelines. The Senior Principal Cost Controls Spec role requires conceptual and innovative thinking to develop creative solutions to Costing challenges.
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Responsibilities
- Interpret the project contract and assist the Project Director in its application
- Provide input to Project Execution Plan
- With Project Accounting, coordinate all financial,
contractual, and administrative issues/works related to the Project
- Ensure that the project set–up tasks are properly done
- Support Project Accounting in the compilation and review of all invoices for the project
- Monitor project costs and revenues; prepare necessary project reports either on a weekly, monthly, or quarterly basis as deemed appropriate or required
- Evaluate, negotiate, and agree to costs and revenue with client and subcontractor(s) for changes in contract and subcontract work (on larger projects, this responsibility can be with the Contracts Manager)
- Ensure that all Project Controls systems as properly set up and maintained Support the development of claims including back charges against subcontractors and vendors
- Responsible for the development of the monthly project EAC
- Assist the Project Director in the preparation of all financial and contractual correspon