headhunt vietnam logo Leading to Bridge

FPSO and O&M Contract and Cost Controller-#565

Client Information


Our client is leading in Oil

Job Information

FPSO and O&M Contract and Cost Controller


  • This role is the focal point in contract administration and cost control of the FPSO and O&M contracts, the key contracts for the Vietnam BU Operations.
  • The main responsibility of this role is to ensure that the financial performance of both Contractors is analysed and reported timely and accurately to enable the Commercial Manager, Operations/Production Manager to make appropriate decisions and effectively measure Contractors’ overall performance.

Invoice Verification

  • Ensure that invoices submitted by FPSO and O&M contractors comply with contract and cost recovery requirements prior to routing it Contract Holder for approval

Cost Control

  • Analyse actual O&M cost vs. contractor budget and POVO budget
  • Analyse  actual costs per category (i.e.  Offshore personnel, onshore personnel, overtime/overcycle, spares, services, consumables, etc.)
  • Ensure that cost of FPSO Rectification and repair of Defects are not charged to POVO and or invoiced back to FPSO contractor
  • Prepare weekly/monthly reports on the above

Budgeting and Forecasting

  • Provide inputs to OPEX budget on FPSO and O&M costs
  • Provide forecast cost for FPSO and O&M
  • Coordinate with Production, Engineering and Maintenance to ensure accuracy of forecast/budget

Contractor Management

  • Provide guidance and advice on cost performance reporting against Contract and Budget
  • Provide timely and accurate Statements in relation to ATCP
  • Focal point on correspondences/coordination with Contractors on budget, costs and invoices

In all of the above, coordination and cooperation with Finance is crucial.

Maintaining a cooperative relationship with FPSO and O&M contractors while exercising control

  • Coordinating with Finance, Engineering, Operations and Technical Teams on cost/invoicing obligations/ liabilities per ATCP/O&M Contracts
  • “Happy FPSO and O&M Contractors” – no major disputes
  • Timely reports
  • Timely and appropriately supported statements and invoices (when necessary) to FPSO contractor


  • Degree in Economics, Finance, Accounting, or equivalent experience (at least 5 years) in a similar role, preferably in the Oil & Gas Industry

Skills / experience:

  • At least 5 years experience in contract administration and/or cost control
  • Experience in supporting offshore operations
  • Experience in budgeting

Knowledge (e.g. systems, software, procedures, regulations):

  • Excellent Microsoft Excel and database skills
  • Familiarity with budget and approval processes/procedures
  • Good knowledge of Accounting processes

Attributes and behaviours:

  • Good communication skills - amiable yet firm
  • Structured and analytical, cautious with sensitive/confidential information
  • Can perform independently yet be a team player
  • Proactive and energetic

General Information

Ho Chi Minh





Contact Us

FPSO and O&M Contract and Cost Controller job closed

Mr. Nam Hoang



FPSO and O&M Contract and Cost Controller


Ho Chi Minh




Follow us on linkedin

Performance Marketing Managers

Marketing / PR / Advertising / Communications | Experienced

Ha Noi


Human Resources | Supervisor

Binh Duong

Project Assistant

Administration / Secretary / Clerical | Experienced

Ho Chi Minh

IT Sales Associate ( Open for Expat )

IT - Software | Experienced


Junior, Sales Representative (only for expats)

Textiles / Garments / Fashion | Experienced

Binh Duong

Go to top of page