Jobs at WTS Energy

WTS Energy provides recruitment and manpower services for the global oil and gas and energy industries. We supply engineers and consultants to our clients’ projects and operations, and perform employment outsourcing services such as workforce management in oil and gas regions around the world.
Our clients are based globally and offer a wide range of vacancies in oil, gas and energy. WTS Energy places suitable engineers and consultants in any phase of Oil and Gas projects and in all skills relating to: Geoscience, Drilling Management and Well Services, Facilities, (FEED) Engineering, Construc-tion, Pipeline, Subsea, Commissioning and Start Up and Operations and Maintenance. WTS Energy operates globally with offices in 14 countries and is operational in over 50 countries.
Drilling Cost Controller
Location: Lagos
Experience: 10 year(s)
Course of Study:
Required Grade:
Job description


• Build up well cost control structure based on Client#%*)s SA standard and the Deep-Water District organization.


    For each Budget or PDC target, define with the drilling engineer the drilling planning & wells program leading to the drilling budget booklet
    Provide to Manager Client#%*)s Budget and Cost Control, Budget Brochure for Partners and NAPIMS purpose
    Attend the different SUBCOMs for budget/performance defence/review with NAPIMS
    Upload the budget or the PDC in UNISUP within set deadlines.
    Promptly provide to the CLIENT#%*)S Budget and Cost Control Manager, the updated Closure Forecast, main highlights, trend, area of concerns and cost/variance analysis not later than 3 days after Monthly Closure.
    Produce on a monthly basis Cost Report to the Package and to CLIENT#%*)S Budget and Cost Control Manager.
    Update the Drillex EFC on a monthly basis and the LOP for main budget session.


    Support to drilling team for daily well cost follow-up.
    Prepare a cost booklet with the drilling engineer (list of contracts related to the drilling campaign, details of the daily fixed well cost, details of all contracts
    Prepare AFE before start of drilling on a particular well. Prepare well cost input Well Location Report and End of Well Report for submission to DPR/NAPIMS.
    In the P2P (Purchase to Pay) process, check the destination (WBS) and budget availability of the PO/PRs.
    Organise regular cost review meetings with Budget Responsible to identify opportunities to improve budgetary control.
    Review and issue the monthly Rig activity report to aid effective cost allocations between different operations.
    Follow up stock reconciliation between quantities issued to wells and quantities actually consumed and the consequent stock reintegration.
    Ensure monthly accruals are generated in the cost objects (WBS, cost centres etc) for Services/services already performed but yet to be invoiced using the UNISUP Scheduler/UNISUP Service Entry Sheets/Manual Accruals (following review with the operational managers to review the progress status of performed work). Also provide SKF for common cost allocation for monthly closures.
    Follow-up service contract related to Drilling Package
    Ensure proper commitments follow-up in UNISUP using the commitments report from the Business Warehouse to ensure that expenditures are in line with commitments and budgets
    Make sure all the Cost Control processes are compliant with SOX (ABS) procedures.
    Prepare monthly cash call for Drilling activities to enable call for funds from Partners.
    Regular interface with Nigerian subsidiary for the follow-up of Project invoices payment and UNISUP functionality for cost control functions. Manage the RFS process within the package
    Respond to queries raised by auditors (internal, partners etc), internal control, vendors etc.
    Ensure the DOA within the package is in place


    Ensure confidentiality is maintained
    Assists hierarchy in ensuring good cost control practices with the aim of producing defendable budgets and performance figures.
    Ensure good coordination with Contracts, Panning, other members of the package as well as the Deep-Water Organisation, Tech-Log and Cost Control CLIENT#%*)S Central team


    To fully comply with office security, health and safety instructions.
    To stay vigilant and maintain continuous awareness of hazards and surroundings.
    To report to Management on any issue they may face or observe and propose way of improvement.
    To also take care of colleagues safety and behaviour without hesitating to intervene as much as necessary.
    To give his own input and making sure the workplace is safe (obviously clean and tidy).
    To fully comply with Security rules about Travelling in Nigeria

Desired Skills and Experience

    BSc/HND or its equivalent in Social Science/Engineering with minimum of 10 years post qual. experience
    Good analytical skill and knowledge of cost control tools such UNISUP (SAP), Business Warehouse, Microsoft Office Suites etc.
    Good knowledge of the Oil & Gas business and good knowledge of drilling operations
    Good communication and interpersonal skills
    Good Accounting knowledge (Cost allocations, accruals etc