About John Lee Jeng Horng

  • Nationality  Malaysian
  • Current / Last Employer  Teras Offshore Pte Ltd
  • Gender  Male
    • Expected SalarySGD
    • Range90,001-1,20,000
    • Range90,001-1,20,000
    • Range90,001-1,20,000
  • Sectors  Oil & Gas
  • Viewed 349

Education

  • 2018
    Japanese Language School Affiliated with Tokyo International University, Japan

    Japanese Language Proficiency Test (JLPT)

  • 2007
    Liverpool John Moores University, United Kingdom

    Bachelor Degree of Mechanical Engineering

  • 2007
    Tunku Abdul Rahman College, Malaysia

    Advanced Diploma in Mechanical Engineering

  • 2005
    Tunku Abdul Rahman College, Malaysia

    Diploma in Mechanical Engineering

Experience

  • 2019 - Present
    Teras Offshore Pte Ltd

    Cost Controller

    • Manage end-to-end costing for a fleet of three liftboats, including managing monthly payments for overall fleet services and operational expenditure.
    • Review costings prepared by operations managers, provide analysis and insight on overall reasonability of costs and challenge costing assumptions where necessary with the view to avoid unnecessary costs.
    • Work closely with finance department to ensure payment requirements are provided in advance, to allow for smooth payment release and project continuity.
    • Review and propose improvements to internal control process and policies, and to ensure day to day operations are compliant with internal control processes.
    • Work closely with insurance department in providing detailed ledger of costs incurred and reasonableness analysis for insurance claim purposes with view to maximize recoverability.
    • Oversee costing & planning for a repair project with a focus on ensuring project completion keeps to budget and timeline.
    • Forecast costing and projected cashflow requirements to management for overall financial decision making.
    • Prepare detailed variance analysis reports and costing status reports for presentation to management for decision making.

  • 2019 - 2019
    Subsea 7 Pte Ltd

    Lead Cost Controller

    • Lead Cost Controller for ENI Ghana subsea pipe laying project of circa US$100 million.
    • Key responsibility to ensure maximum cost recoverability via contractual reimbursement.
    • Took over the project with a deep-dive and full review of all historical work done on the project for cost analysis and recoverability analysis, against a detailed contract review to ensure adherence to contract.
    • Prepare and oversee end-to-end reimbursement process of invoices, including compiling and ensuring all necessary supporting documentation is in place.
    • Detailed cost reporting and preparing project monthly reports for monthly closing out with finance and for management decision making.
    • Monitor and update actual and committed costs with a focus on analyzing and project cost reasonableness and highlight potential cost overruns early.
    • Provide costing and reasonableness support to internal and external stakeholders, including finance department, statutory and tax auditors.
    • Review and propose improvements to internal control process and policies, and to ensure day to day operations are compliant with internal control processes.

  • 2014 - 2016
    Bumi Armada Berhad

    Project Cost Controller

    • Overall cost control for EPICC FPSO contract (Angola Block 15/06) with local content requirement for Eni S.p.A. with contract value more than USD 1.2 billion.
    • Project cost control and cost monitoring of project expenditures.
    • Ensure project overall kept within the budget.
    • Reporting actual costs versus budgets on a timely basis with view to minimize variances and costs.
    • Preparation of budget and work breakdown structure for the project system in SAP ERP.
    • Developed dashboard for comprehensive cost reporting in regular timely fashion.
    • Perform cost analysis and pre-empt project leaders on possible cost over-runs for timely decision making.
    • Analyze and monitor the project cash flow.
    • Coordinate with cross functional working groups including Treasury, AR and AP for timely financial reporting in accordance with listed company compliance guidelines.
    • Coordinate with Project Team, Procurement and Accounts on invoicing process including verification and payment to the various vendors.
    • End-to-end project execution, including reconciliation for project close-out with Finance to ensure cost accountability.

  • 2007 - 2014
    Sembcorp Marine Ltd

    Cost Estimator and Contract Administrator

    Cost Estimator
    • Responsible for build cost estimation models for all offshore tendering projects related to repair and conversion of vessels, and newbuild vessel construction.
    • Cost estimation models were used to estimate foreseeable profit margins, and to tender and secure new projects whilst balancing against the overall shipyard capacity.
    • Worked closely with procurement, vendors and production departments to refresh quotations for cost estimation, especially in relation to material costs, labour costs and subcontractor costs.
    • End to end operational involvement in new project tenders, including cost estimation, bid proposal preparation, contract negotiation and award.
    Contract Administrator
    • Contract administration for two EPCC projects for newbuild semi-submersible drilling rigs for contract value of over USD 1 billion.
    • Worked closely with project manager for variation orders, project scheduling and negotiations and settlement of commercial issues.
    • Negotiated and resolved disputes with clients on variation orders and change orders.
    • Analyse and present financial and cost impact from variation orders to management for decision making.
    • Work closely with senior contract manager and legal counsels to ensure execution of required documentation for settlement of disputes.
    • Prepared weekly and monthly progress reports to report project progress to senior management for decision making and overall reporting, including compliance as a listed company.

Skills

Leave Your Review

  • Overall Rating 0
Social media & sharing icons powered by UltimatelySocial