Drilling Cost Controller

Posted 12 months ago by MSELECT
Location erbil, Iraq Job Type
Salary Sector Oil & Gas

MSELECT is looking to hire a Drilling Cost Controller for an international oil operator in Erbil. Minimum 4 years’ experience within the oil & gas drilling industry, Fluency in English and Kurdish is a must.


  • Preparing, tracking, analysis and reports on project costs / AFEs / budget and checking and approval of invoices associated with the execution of well projects. Ensures operational and project expenditures are effectively managed, controlled and monitored.
  • Responsible to contribute to the AFE submission process, manages well costs and prepares forecasts, checks and approves invoices, etc.
  • Responsible to assist procurement and commercial part of supply activities required to support drilling, completion and workover operations.
  • Report on actual spend by contractor and supplier.
  • Monitor spends by category and contractor versus budget.
  • Provides and gives work direction to less experienced colleagues, etc. openly shares knowledge.
  • Should be comfortable with meeting short deadlines and have the ability to timely deliver a quality product. Support to drilling team for daily well cost follow-up.
  • Organize regular cost review meetings with budget responsible to identify opportunities to improve budgetary control.
  • Follow-up service contract related to Drilling/WO Rig & Associated Services.
  • Make sure all the cost control processes are compliant with supply chain and financial procedures.
  • Respond to queries raised by auditors (internal, partners etc.), internal control, vendors etc.
  • Continuous interactions Internally with Drilling, Supply Chain, Financial department and externally with Service Companies

Experience, qualifications and skills

  • Minimum 4 years of related experience in Cost controlling with Drilling department
  • High professional education degree is required.
  • Good understanding of drilling & completion operations.
  • Desirable to have hands-on experience of drilling & completion operations.
  • Solid understanding of the demand / supply chain process, accounting principles in oil & gas upstream industry.
  • Ability to work well with others in a culturally diverse; multi-functional team environment.
  • Able to interact effectively with peers; service and contractor representatives.
  • Good communication and interpersonal skills.
  • Good accounting knowledge (Cost Allocations / Accruals etc.)

*Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.

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