Cost Controller

James Fisher Offshore Limited; United Kingdom; On-site; GBP 80,000 - GBP 100,000; Full time

Job summary

A global engineering services company is looking for a Cost Engineer in the UK to manage monitoring, control, and reporting of project-specific costs. Candidates should have relevant experience within a project environment and a good understanding of offshore work. Key competencies include strong Excel skills and SAP experience. This position offers a competitive salary and benefits package with career development opportunities. Join a supportive culture that values innovation and individual contributions.

Benefits

Private Medical Insurance

Life Assurance

Cycle to work scheme

Company Pension

Qualifications

• Relevant experience within a project environment.
• Practical understanding of offshore work is preferred.
• Good interpersonal, organisational, and multi-tasking skills.
• Proficient with Microsoft Office, particularly Excel.
• Experience with SAP or equivalent.

Responsibilities

• Monitor and control project-specific costs using finance systems.
• Define Control Budget for new projects and manage variances.
• Prepare periodic Project Status Reports for stakeholders.
• Liaise with stakeholders on project costs against budget.
• Work on schedule updates and management of project changes.
• Track cost and revenue implications from project registers.
• Support Finance with invoicing and project estimates.
• Assist Commercial with tender bids and quality event reporting.
• Assist in timely closure of projects with final reconciliations.

Skills

Cost engineering experience

Interpersonal skills

Organisational skills

Multi-tasking

Proficient in Excel

SAP experience

Job description

What you’ll be doing:

• Cost monitoring, control and reporting of all project‑specific costs using Product Line Finance and Procurement systems and internal White Book Rates (WBR), including preparation and population of project forecasting and cost tracker models.
• Work with the Project Manager to define a Control Budget for all new projects, highlighting, justifying and approving any variance from the As‑Sold model, and feeding Lessons Learned back to the Tendering team.
• Prepare periodic Project Status Reports with detailed analysis of costs, contingency, risks, opportunities and progress, reviewing with Project Managers and validating forecast revenues with the Project Accountant.
• Liaise with key stakeholders to prepare, forecast, monitor and report project costs against budget, in line with Project Manager expectations and Contract requirements, escalating any commercial concerns or budget exceedances as soon as they arise.
• Work closely with the Project Manager/Planner on schedule updates, management of change, progress reporting, Work Breakdown Structure and value‑of‑work‑done matters, revising Control Budgets and forecast revenues in line with approved Variation Orders.
• Review and track the cost and revenue implications of the project VO Register, including all pending approvals, and contribute to maintaining the project Risk & Opportunity Registers.
• Liaise with Supply Chain on requisitioning, manifesting, hire control and goods receipting, ensuring strong alignment between operational and commercial requirements.
• Support Finance with timely, accurate invoicing in line with contract timelines, and assist with the preparation of Project Estimates/CTRs for budgetary purposes.
• Work with Commercial to support tender bids, white book rates and benchmark projects, and provide support in monitoring, tracking and reporting all cost‑of‑non‑quality events and lessons learned.
• Support the timely closure of projects, ensuring reconciliation of all POs and issuance of the final Project Status Report confirming gross margin outcome and cash collection for Project Manager review and approval.

What we’re looking for:

• Relevant experience within a project environment involving cost engineering related duties and responsibilities.
• Practical understanding of offshore work and project activities is preferred (i.e. Subsea operations, OFTO Management or vessel operations)
• Good interpersonal, organisational and multi-tasking skills.
• Proficient with Microsoft office, particularly Excel.
• SAP experience/SAP equivalent.
• Competitive salary and benefits package aligned with experience (Private Medical Insurance, Life Assurance, Cycle to work scheme, Company Pension, etc.)
• Clear pathways for career development and organisational visibility.
• Inclusive and supportive culture that values individual contributions.
• Meaningful work with impact across safety, innovation, and global operations.

About Us:

James Fisher is a global engineering services company with over 50 years of experience delivering complex offshore energy projects in some of the world’s most challenging environments. We operate across Energy, Defence, and Maritime Transport, leveraging cutting-edge technology and deep expertise to support the full lifecycle of our customers’ assets.

In the Energy Division, we provide safe, efficient solutions across oil & gas and renewables - from well support and full-field decommissioning to integrated services for offshore wind and expert subsea inspection, repair, and maintenance. Our work helps operators extend asset life, reduce downtime, and respond rapidly to operational challenges, driving the global shift toward a cleaner, more sustainable future.

Visit our website at: Home | James Fisher and Sons plc

For more information about our values and behaviours, follow the link: About us | James Fisher and Sons plc

If this sounds like the ideal next step in your career, then click ‘apply’ now!

Due to the volume of applications, we receive for our vacancies, on occasion applications may close before the deadline, so please apply early to avoid disappointment.

James Fisher and Sons are committed to taking positive action on diversity and strongly encourage applications for candidates from all backgrounds. We are proud to be a Disability Confident employer and recognise that our success depends on our talented and diverse workforce.