Cost Controller

💰 £3,520 - £5,632 (Est.) 📍 London

Job Description

Full job description
We are Subsea7, a global leader in the delivery of offshore projects and services for the energy industry. We make offshore energy transition possible through the continuous evolution of lower-carbon oil and gas and by enabling the growth of renewables and emerging energy.

At Subsea7, we are looking for people who think differently. We want people who can bring new ideas and who are willing to take on challenges that will enable us to make a positive impact on a global stage.

In turn we will lift you up and encourage you to go further. Onshore or offshore, embark on a journey of opportunities, continuous learning and development.

Start your journey with us today.

Title: Cost Controller

Location: London (Sutton), GB
Job Closing Date: 17 Aug 2026
What will you be doing?
Responsibilities include (but are not limited to) assisting the wider project cost control team with:
Develop effective interfaces with project teams.
Provide support to all aspects of cost control of assigned projects including forecasting and commitment tracking of man hours, procurement activities and vessel operations.
Perform a business-partnering role, providing project managers with advice and support in managing cost and finance aspects of their projects.
Work with project managers to prepare monthly financial forecasts and sensitivity analysis for assigned projects.
Complete all required month end processes and reports for assigned projects by ensuring that SAP accurately reflects project costs and revenues to date, including any accruals or prepayments.
Analyse variances from as-bid financials by building a detailed monthly analysis of variances from prior forecast.
Attend project / client meetings and provide relevant financial input and reports as required.
Support issuing of project invoices.
Prepare project cash flows in support of the Group's Treasury requirements for cash flow forecasting.
What experience would we like you to have?

Educated to higher level (degree or equivalent) in Finance or another business-related subject.
Be committed to continuing your studies towards professional qualification.
Good IT literacy with an emphasis on proficient/intermediate use of excel.
Ability to communicate effectively and articulately at all levels, demonstrating enhanced analytical skills and effective forward planning.#LI-AB1
An environment where you can thrive
We recognise that having a diverse team makes us a better, smarter team. Diversity is something we value and regard it as key to our success.

We encourage new ways of thinking and celebrate our wide range of skills that help us continually challenge the status quo and inspire innovation. An inclusive and diverse environment fosters creativity, improves decision-making and introduces new ways of thinking.

Our people are at the heart of what we do at Subsea7 and we are committed to creating an environment where everyone can thrive. Fair employment practices, fair treatment for all individuals and equal opportunity on the basis of merit are the foundation of how we work and develop together.

💡 Quick Summary

Seeking a career-building opportunity? The Cost Controller position is now open for candidates interested in the Accountant Jobs sector. This role in London offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

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Job Details

Company Name: Subsea 7

Frequently Asked Questions

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The expected salary for Cost Controller in London is £3,520 - £5,632 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Cost Controller is an on-site position based in London. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Cost Controller. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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