Cost Control Lead
Qatar
Parttime: 0 hrs a week
Experience: Not applicable
Conventional Energy
Introduction
- Provide expert professional advice and guidance in allocation, planning and stewardship of costs and expenditures for Onshore Project and develop and modify procedures to meet business requirements during project phases.
- Develop and maintain a set of Project Cost Control procedures, guidelines and flow charts to meet project requirements along with a standard cost reporting process across all project Contracts.
What are you going to do
- Ensure cost data integrity across all Contracts and make sure cost information is accurately compiled and reported to Project Management to provide visibility on overall project cost status and performance.
- Direct project team and provide guidance and expertise to Project Cost Engineers assigned to each one and ensure common understanding and standardized practice of cost control processes in terms of Value of Work Done (VOWD) reporting, forecast updates, contractors' change orders, trend and contingency management and expenditures allocation.
- Support the Business Division Manager and lead the financial input into Funding Packages submittals, e.g. Advance Commitments (ACs), Full Funding (FF), Supplementary Funding whenever required and recommend budget transfers to ensure that all necessary funding is provided and Project Cost at Completion is aligned with the approved budgets.
- Development of Forecast cost estimates and preparation of annual Work Program and Budget (WP&B) taking full consideration of project scope, progress achieved and pending to complete scope.
- Develop and maintain Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for the overall Onshore project consistent with project scope and reporting structures requirements across projects.
- Facilitate the monitoring of FEED and Contractors and project's cost performance compared to agreed control plans and recommend corrective plans as required during project execution with the appropriate PMT personnel.
- Monitor, review and endorse FEED and Contractors deliverables in terms of VOWD reporting, Trend Management and Earned Value Analysis.
- Advise Head Project Controls and NFE Project Leadership Team of any potential cost issues as early enough to mitigate, provide guidance on corrective actions and measures to mitigate any adverse trends.
- In conjunction with Head Project Controls develop and implement corrective actions and recovery plans ensuring these are implemented in a timely manner.
- Follow up Project Commitments in line with approved budgets and ensure all change orders are dully submitted (with regard to contractual compliance) and are subject to proper Management approval. Provide guidance to Procurement and Contracts teams for commitments WBS and CBS allocations.
- Develop in-house cost reporting solutions for managing Project Cost ensuring accuracy, integrity and consistency of data.
- Provide support for tenders' technical evaluations during phase by developing Tender Evaluation Plans, facilitating and coordinating the technical evaluation process, developing Technical Bid Evaluation reports and getting required approvals from project management and Onshore committees.
Essential skills and knowledge
- Bachelor's degree in Business, Accounting, Commercial, Marketing, Sciences, Engineering, Project Management, Supply Chain Management, Law, Communication, Technologies, Mathematics, and Statistics.
- Eight (8) years' experience in business related function or discipline, including four (4) years in the Oil & Gas Industry, and including 1 year experience in a supervisory or acting role, or oversight of contractor/subcontractors/service/vendor personnel.
- Experience with Oil & Gas Companies, contractors, subcontractors, vendors or service companies involved in the Oil and Gas Industry.
- Knowledge in project business related function/discipline such as planning, scheduling, cost control, estimating, claim management, risk management, change management, procurement, pre- and post-award contract management, actionable and informative reporting, support services, lessons learned, etc.
- Previous experience on major projects, from an Owner's perspective, managing Lump Sum Contracts, working with multi-lingual contract teams with large local subcontractors and mentoring Developees is required. Knowledge of LNG practices, processes and expectations with respect to cost controls is desirable.
- Experience required in working with ERP systems and Project Management systems (such as SAP or any other O&G ERP).
What we offer
- Salary:
- Day Rate in USD Plus Allowance
- Work Schedule:
- 10 Hours / 6 Days
- Duration:
- 36 Months, with possible extension
- Location:
- Qatar