TotalEnergies

Senior Cost Controller (Exploration & Appraisal)

TotalEnergies  •  Kuala Lumpur, MY (Onsite)  •  2 days ago
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Job Description


Country
Malaysia
City
KUALA LUMPUR
Workplace location
KUALA LUMPUR-PETRONAS TWIN TWRS(MYS)
Employer company
TotalEnergies EP Sarawak Inc.
Domain
Finance
Type of contract
Fixed term position
Contract duration

2 Years
Experience
Minimum 10 years

Context & Environment

Are you a finance professional with strong cost control expertise in upstream oil & gas operations?

TotalEnergies EP Malaysia is seeking a Senior Cost Controller (Exploration & Appraisal) to support cost governance across exploration and appraisal activities. This role is critical in ensuring financial discipline, accurate forecasting, and cost optimization in a complex and highly regulated upstream environment.

Activities

Your Impact

As a Senior Cost Controller, you will:

  • Lead budgeting and forecasting cycles for exploration and appraisal activities, ensuring alignment with operational plans and cost recovery frameworks.
  • Monitor and control costs including commitments, accruals, and actual expenditures, ensuring accuracy and compliance with approved budgets.
  • Develop and challenge Estimated Final Costs (EFC) in collaboration with drilling engineers and project teams.
  • Perform variance analysis and provide clear, actionable insights to management on budget performance.
  • Produce timely and reliable cost reports, dashboards, and financial analyses to support decision-making.
  • Support Contract Committee processes through budget impact analysis and financial validation.
  • Manage intercompany transactions and ensure accurate cost allocations and accrual tracking.
  • Ensure audit readiness and support internal, joint venture, and external audits.
  • Build strong working relationships with technical and finance stakeholders to promote a culture of cost discipline and continuous improvement.

Candidate Profile

What We Are Looking For

To succeed in this role, you will need:

  • A Bachelor’s degree in Accounting, Finance, Petroleum Economics, or a related field.
  • Professional certification (ACCA, CPA, CIMA, or equivalent) is highly preferred.
  • 7–10 years of experience in finance or cost control roles within the oil & gas industry.
  • Strong understanding of PSCs, JOAs, and PETRONAS regulatory guidelines.
  • Proficiency in SAP (FI/CO) and advanced Excel skills; familiarity with Power BI is an advantage.
  • Strong analytical thinking, attention to detail, and the ability to manage complex datasets.
  • Excellent communication and stakeholder management skills, with the ability to influence and challenge constructively.

Additional Information

TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.

Why TotalEnergies?

Join a global energy company committed to operational excellence, sustainability, and responsible energy development. In this role, you will contribute directly to the financial performance of exploration and appraisal activities, working in close partnership with multidisciplinary teams in a dynamic upstream environment.

TotalEnergies

About TotalEnergies

Have you ever thought of offering your skills and expertise to a multinational company?

Give your best to better energy and make the commitment with TotalEnergies. With over 500-plus professions in 130 countries, we offer high safety and environmental standards, strong ethical values, an innovation culture and wide-ranging career development. Be part of the global team whose mission is already shared by 105,000 employees : to be a world-class player in the energy transition

Industry
Oil, Gas & Mining
Company Size
10,000+ employees
Headquarters
Paris La Défense Cedex, FR
Year Founded
Unknown
Website
totalenergies.com
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