Job title : Cost Controller
Job Location : Lagos Deadline : October 18, 2026 Quick Recommended Links
Department: Finance
Directly Reports to: AGM - Finance
Job Summary
- This role is a critical financial stewardship position responsible for the end-to-end cost control and financial management of the Joint Venture's (JV) Operations & Maintenance (O&M) business activities.
- The incumbent provides strategic cost analysis, ensures robust budgetary control, and maximizes profitability through rigorous forecasting and cost optimization.
- The role demands an expert who can navigate the complexities of the Nigerian E&P landscape, effectively manage JV partner relationships, and provide insightful financial analysis to guide executive decision-making.
Key Accountabilities
- Assist with cost-tracking and
- Create financial forecasts and gather financial data to support the preparation of
- Monitor contracts and expenditure with a view to obtaining activity cost reduction against value creation and budget tracking.
- Ensure alignment with Contracts & Procurement and Finance
- Prepare monthly accruals, cash flow estimates for the financial analysts and variance
- Ensure compliance with contracts to ensure timely and correct payment of vendor
- Review and code invoices to ensure they match with
- Distribute invoices for operational
- Resolve contractual vendor
- Manage external partner audits in association with
- Prepare response to audit information requests and Maintain a cost analysis of actual expenditure for input to budget with costs.
Requirements
- Bachelor’s Degree in accounting or equivalent related field
- Experience: Minimum of 8 years' experience in a similar cost engineering or cost control role, with at least 5 years of experience in the Oil and Gas E&P sector in Nigeria and notable industry contractors .
- Technical & Industry Knowledge:
- Deep understanding of the Nigerian Upstream Oil & Gas industry, specifically the financial and operational mechanics of Joint Ventures (JVs) and Production Sharing Contracts (PSCs).
- Extensive experience in cost estimating, forecasting, variance analysis, and project controls.
- Proficiency in major ERP systems, such as SAP or Oracle .
- Behavioural & Leadership Skills:
- High Level of Commercial Acumen: Demonstrated ability to understand the "why" behind the numbers and make sound commercial recommendations.
- Expert Communication: Excellent written and verbal communication skills, with the confidence and ability to present complex financial information effectively to senior stakeholders and JV partners.
- Proactive & Performance-Driven: A self-starter who not only analyzes data but also actively seeks out inefficiencies and implements solutions to drive cost reductions.
- Stakeholder Management: Proven ability to build strong relationships and effectively manage interfaces with engineering, operations, procurement, finance, and external partners.