JOB DETAILS
Principal Cost Controls Specialist
CompanyMcDermott
LocationThe Hague
Work ModeOn Site
PostedSeptember 23, 2026
About The Company
Lutech Resources is a global recruitment business, providing a complete and integrated scope of resource management for a wide range of leading companies within the energy sector. We advance people’s careers and enable continued growth for industries both upstream (oil & gas exploration and production, Mining, LNG) and downstream (petrochemicals and refineries). Organizations we serve require top talent, by helping them find the right managers, contractors, engineers, project managers and other high-level professionals, we play a vital role within the industry and in the careers of many.
With principal locations in the United Kingdom, Netherlands, Philippines and United States, we specialize in the provision of multi-discipline engineering, project management and technical field staff. We have expanded our expertise to include power and automation, energy, utility, and manufacturing industries. From the UK and across Europe, throughout the Americas and Canada as well as the Middle East, Asia and Australia, we are active in servicing project sites across the globe. Whatever your project needs, large-small, Lutech Resources has talent, experience to support you.
Here at Lutech Resources we support our talent. With our rich history, background, vast resources, and access to a wide range of strategic positions with industry leaders we can effectively serve our clients. With an extensive and growing international community of qualified specialists you will enjoy the support and stability of an experienced company that truly values its team members.
About the Role
Job Overview:
The Principal Cost Controls Specialist interprets internal or external business issues and recommends best practices to improve cost and schedule. They will be tasked with solving complex cost management problems and will work independently with minimal guidance. The Principal Cost Controls Specialist may be required to guide junior personnel. As such, they must have in-depth expertise in costing and broad knowledge of the costing discipline within the project controls function.
Responsibilities
Key Tasks and Responsibilities:
- Implement McDermott processes and systems on projects
- Lead the project controls team on large and highly complex EPC projects
- Implement constructability concepts, (the how it’s built) and related interdependencies between Engineering, Procurement, Fabrication, and Construction in support of the Advanced Work Planning (AWP) process
- Support the development of the Work Breakdown Structure (WBS) on complex projects with multiple partners and compensation types
- Implement internal and contractual requirements on the project via the project controls execution plan
- Lead setup and implementation of project controls systems
- Responsible for the accuracy of project controls reports
- Analyze and interpret cost forecasting and trending
- Recommends solutions or recovery plans for problem areas
- Lead preparation and review of the project monthly forecast
- Support the project controls team in development of the cost spread and cash flows
- Participate in proposal development, commercial alignment and project kickoff processes
- Supervise and train junior personnel in all aspects of cost reporting
- Lead the set up and maintenance of the progress measurement system
- Implement and support the Change Management process
- Lead change management efforts, including building of cost estimates and apply or manage amendments to the contract
- Lead project reviews conducted with the client and internal management
- Support the development and implementation of the Project Risk and Opportunity process
- Participate or lead the weekly and monthly cost and schedule review meetings
- Manage and maintain good client relations
- Actively look for areas of improvement on project and company standards
- Create Weekly/Monthly/Quarterly Reports
- Assist in resource planning, recruiting, mentoring, and evaluations
Qualifications
Essential Qualifications and Education:
- Bachelor’s Degree in Business, Finance, Engineering, or Construction Management is preferred
- 10+ years of experience in Project Controls
- Must have experience in a large-scale mega-project in Oil & Gas and Offshore Construction
- Highly competent in the use of critical project management concepts such as EVM, project planning, risk analysis, and progress measurement)
- Experienced in Microsoft Office applications
- Project Management Professional is a plus
- Understanding of Cost and Progress management systems is a plus Work independently with little or no supervision
- Great communication and presentation skills, both written and spoken
- Experienced in both Cost and Schedule with a focus on Cost Management
- Understand the relationship between estimating, cost management, progress, schedule, and project accounting
- Basic understanding of JDE Edwards is a plus
#LI-FM1
#LI-DNI
Lutech Resources has over 25 years’ experience providing tailor made recruitment and integrated resource management to leading Engineering, Energy and Manufacturing sector companies worldwide. We set ourselves apart from others in the industry by building long term relationships with both our clients and candidates based on a mutual understanding of their targeted industry and a passion for excellence. With every engagement, our goal is to quickly place qualified talent with the best suited employer. We have a genuine understanding of candidates and clients’ needs. Along with a dynamic and effective service, we strive for positive outcomes for everyone, every time.
Key Skills
Cost managementProject controlsEVMAdvanced work planningWork breakdown structureCost forecastingChange managementRisk analysisProgress measurementResource planningMentoringContract managementBudgetingCash flow analysisEPC project management
Categories
EngineeringConstructionEnergyFinance & AccountingManagement & Leadership
Job Information
📋Core Responsibilities
The Principal Cost Controls Specialist leads project controls teams on complex EPC projects and implements systems to improve cost and schedule performance. They are responsible for cost forecasting, change management, and mentoring junior personnel to ensure project accuracy and contractual compliance.
📋Job Type
full time
📊Experience Level
10+
💼Company Size
154
📊Visa Sponsorship
No
💼Language
English
🏢Working Hours
40 hours
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