Oyu Tolgoi’s workforce today is more than 97 per cent Mongolian, and major strategic focus for the company is to develop a skilled workforce that is continuously learning. We aim to attract the best talent, so that we can together deliver a safe and globally competitive copper business that contributes to the prosperity of Mongolia.
The opportunity
We are looking for One (1) Cost Controller in Oyu Tolgoi LLC – Underground Operational Readiness Department based Ulaanbaatar Office with 7 days on and 7 days off.
The purpose of this role is to provide services and support for UG Operations capital and operating cost estimates and implement effective cost control systems to forecast, monitor, control project costs and ensure effective reporting within target levels of accuracy for each stage of the project life cycle in line with the company policies and procedures to achieve the teams’ objectives and targeted plan.
What the role entails:
- Analysis of capital equipment forecast, budget plan, actual cost
- Liaison between finance, sustaining capital and UG operations work groups for all capital equipment related issues
- Be involved in fleet planning and fleet management and emissions reductions
- Support UG operations work groups to prepare budget approval documentation
- Keep all documentation and project management tools updated including project, equipment and procurement tracking sheets
- Reports, monitors and controls the project budget in different work breakdown structures (work package, discipline and cost element) in terms of: control budget, budget shifts, scope changes, commitments, incurred costs, and estimate at completion;
- Conduct detailed Cost Variance analysis and produce related financial reports, as well as support scenario planning though conducting financial modelling for good strategic forecasting.
- Assist in the production of monthly cost reports, flash report and ‘S’ curves for responsible areas of the project;
- Develops and maintain budget expenditure and cost forecasts (commitment, incurred, cash) in accordance with company procedures;
- Updates and issues monthly project cost controls report, including planned, actual and forecast information;
- Assists on estimating activities as required to support the cost reporting functions, preparation of cost, schedule and quality control systems and procedures, development of action plan list or schedule for effective implementation of the project controls system and completion of other project controls duties as required.
- Identifies improvement opportunities for streamlining work process within given parameters.
- Maintains relationships internally with the procurement and estimating groups to ensure accuracy in current trends.
- Supports compliance with standardised processes, systems and tools.
- Develop and maintain good working relationships with all employees and project stakeholders.
- Giving and seeking feedback with a level of urgency
- Expand and update knowledge and skills through continuing professional development (self-directed or employer sponsored) that is consistent with the requirements of the Mongolian and international professional development guidelines.
What you will need for this role
- Bachelor’s Degree in Engineering or Business Administration or equivalent technical discipline obtained through degrees, certificates or diplomas from colleges or universities
- Experience in Project management will be an advantageous.
- Relevant experience typically achieved through vocational trainings and equivalent practical experience or on-the-job training.
- Strong ability in Microsoft Office programs (Excel, PowerPoint, Word, etc.) and PowerBI with an ability to produce high-quality documents.
- Proficiency in English – both orally and in written form
All interested candidates should submit the following documents
Please click HERE to go to Oyu Tolgoi LLC Online Application System or go to www.ot.mn, select your vacancy and click on the link in the bottom.
Please make sure to attach the following documents:
- CV (in English and Mongolian)
- Cover Letter (in English and Mongolian)
What we offer:
- A competitive salary package
- Access to top tier family-friendly health and medical programs
- Retirement/Savings Plan*
- My Share – Global Employee Share Plan
- Access to top tier family-friendly health and medical programs
- A comprehensive leave policy that covers all moments that matter in life (vacation/annual, cultural leave, paid parental leave, short term sick leave, paid holidays
- Other benefits and favourable employment conditions