Duties:

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

Requirements:

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

Skills / experience:

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

Attributes and behaviours: