Petrosea

Cost Control and Budget Manager

Petrosea  •  Jakarta, ID (Onsite)  •  6 days ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Job Summary

Responsible for forecasting and managing the operating and capital budget of the mining operation, and for monitoring and controlling actual cost performance against plan. The role provides accurate cost estimates and validation to support tender and bid submissions, ensures spending is well controlled and compliant with company policies, and drives cost efficiency and financial discipline so that the business delivers its production targets at the optimum cost.

Job Responsibilities

  • Lead annual OPEX and CAPEX budgeting for mining operations, consolidating cross-functional inputs and aligning budgets with production plans, cost drivers and business assumptions.
  • Monitor and control expenditure against approved budgets and forecasts, reviewing commitments, identifying variances and driving timely corrective actions.
  • Develop periodic forecasts, cost projections and scenario analyses based on production volume, fuel prices, equipment performance and other key variables.
  • Analyse cost performance and unit costs (e.g., cost/tonne, cost/BCM, equipment operating costs), identify root causes and provide management with actionable insights and dashboards.
  • Support tenders and bids through cost estimation, modelling and pricing validation, ensuring accuracy, competitiveness and alignment with margin and risk parameters.
  • Drive cost efficiency and financial discipline through savings initiatives, policy compliance, internal controls, and effective leadership and development of the cost control and budget team.

Education

Bachelor's Degree in Mining Engineering, Industrial Engineering, Accounting, Finance or Economics. Master's Degree or MBA is an advantage.

Skill, Knowledge, and Experience

  • Minimum 10 years of experience in mining, heavy equipment or related industries.
  • Strong understanding of mining operational cost structure.
  • Budgeting, forecasting and financial modelling.
  • Cost accounting, CAPEX and OPEX management.
  • ERP systems (SAP preferred), advanced Excel and Power BI.
  • Strong analytical, problem solving and business acumen.
  • Fluent in English, spoken and written.

Certification

Other Requirements

Petrosea

About Petrosea

Petrosea is a multi-disciplinary contract mining, engineering, procurement & construction and oil & gas services company that is fully committed to prioritize the aspects of ESG as a continuation of the Company’s sustainability strategy.

With a track record of achievement for over 50 years, we offer a competitive advantage through our ability to provide complete pit-to-port mining solutions, integrated engineering, procurement and construction capabilities as well as logistic support, whilst demonstrating absolute commitment to safety, health & environment, quality management and business integrity. In 2019, Petrosea was selected by the World Economic Forum as the only mining company and the only Indonesian owned company to join the Global Lighthouse Network due to our success in implementing Industry 4.0 technologies.

Industry
Oil, Gas & Mining
Company Size
5,001-10,000 employees
Headquarters
Slipi, Palmerah, ID
Year Founded
1972
Social Media