Senior Principal Cost Controls Spec

02 ott - Bardi
Mcdermott International

In this role you drive cost control leadership for complex projects, shaping project performance and resource allocation within a leading contractor. You apply specialist cost management expertise to identify and solve costing challenges, collaborating across Project Controls to support bids, execution, and close-out. You will influence contract scope, forecasts, and risk handling on major energy projects, including subsea and offshore wind initiatives. This is a high-impact position for someone who thrives on innovative problem solving and cross-functional leadership to deliver safe, sustainable outcomes.
Interpret contracts and advise the Project Director on application
Input to the Project Execution Plan and ensure proper project setup
Coordinate financial, contractual, and administrative issues with Project Accounting
Monitor costs and revenues; prepare weekly/monthly/quarterly reports
Negotiate costs and revenue changes with client/subcontractors; escalate as needed
Maintain and set up Project Controls systems; support claims development




Develop the monthly estimate at completion (EAC) for the project
Prepare financial and contractual correspondence related to Project Controls
Maintain clear records of financial/contractual matters; monitor key milestones and dates
Prepare contract supplements on larger projects; attend cost, progress, and contractual meetings
Lead the Change Management process and manage PROM (Risk & Opportunity Management)
Prepare the project close-out report and oversee cost/progress functions
Support regional/global Project Controls with ad hoc tasks and benchmarking
Collaborate to improve schedules, cost estimates, contract strategies, and bid support
Ensure adherence to McDermott systems and processes
12+ years of experience in project control activities
Supervisory experience in a matrix environment
Progressive experience working for a contractor
Solid background in the oil and gas industry
Familiarity with Primavera P6
Degree in Enginee

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