important: Valid work permit in Norway and NORSOK operator experience is mandatory

The D&W Cost Controller is responsible for follow-up of well construction costs, including forecasting, reporting, and variance analysis for assigned assets. The role supports and challenges budget owners and drilling teams to ensure accurate cost control in line with value of work done (VOWD) principles, applicable contracts, and business finance frameworks.

Key Responsibilities

• Follow up well costs including actuals, commitments, accruals, forecasts, and variance analysis

• Support drilling teams with monthly cost follow-up, reporting, and forecasting

• Prepare DCE and AFE per well (including supplemental AFEs) using cost driver models and submit for approval

• Maintain and update forecasts in Fiori and provide input to business planning

• Review PRs and cost transactions, prepare accruals, repostings, and loaders as required

• Calculate and allocate rig intake and common rig-related costs and present status to SCM/Contract

• Facilitate regular cost reviews with budget owners and managers

• Prepare final well cost summaries for after-action reviews and well scorecards

• Contribute to MLC calculations, JV reporting, cash calls, and financial reporting

• Perform end-of-well activities including well and inventory reconciliation

• Conduct cost analyses and “what-if” scenarios

• Support partner audits when required

Prerequisites

• Active user of SAP, Power BI, data warehouse tools, Fiori forecasting app, and cost driver models

• Knowledge of JOA, alliance contracts, and Norwegian Oil and Gas Guidelines 077

• Understanding of drilling and well operations and VOWD principles

• Ability to communicate cost status and variances clearly to budget owners

• Awareness of market trends affecting well costs

• Experience with Business Management System (BMS) processes

Behavioural Expectations

• Strong understanding of cost drivers and budget steering

• Critical and solution-oriented approach to cost and forecast assessments

• Drive standardization and efficient ways of working

• Deliver in line with finance frameworks, deadlines, and governance

• Proactive mindset with focus on continuous improvement

• Collaborative approach and professional vendor interaction