- Provide expert professional leadership in cost management including estimating, planning, budgeting, forecasting, reporting, allocation and stewardship of project expenditures within Barzan Restoration Project. Monitors the Contractor cost performance in the area of changes and control in a reimbursable and lump sum contract context. Provides advice as necessary to make certain the Company's objectives are achieved. Develop, implement
- Develop efficient cost services and provide expert leadership advice on cost estimating, planning, forecasting, accounting, allocation, reporting and control issues to ensure effective processes are utilised throughout the project life cycle.
- Develop and maintain Project Cost Control procedures, guidelines, workflows, reporting requirement and governance process, ensuring compliance with Company requirements and alignment with project execution needs.
- Develop and maintain Work Breakdown Structure (WBS), Cost Breakdown Structure (CBS), cost coding, cost databases, labour-hours information and benchmarking data to support estimating, forecasting, performance analysis, reporting and continuous improvement.
- Review and evaluate project budgets, cost plan, assumptions and forecast data to ensure cost centre owners and project management are fully appraised on cost governance requirements and the project expenditures remains aligned with approved funding and budgets.
- Prepare and coordinate funding submissions, including Advance Commitments (ACs), Full Funding(FF) and Supplementary Funding requests, and recommend budget transfers where required toensure adequate project funding and alignment of Project Cost at Completion with approved budgets.
- Develop and maintain project cost forecasts and annual Work Program & Budget (WP&B)submissions, taking into consideration approved scope, progress achieved, trends, risks and remaining work.
- Monitor, validate and reconcile Contractor cost reports, invoices, commitments, accruals and supporting documentation; review and endorse Contractor deliverables including VOWD reporting, Trend Management and Earned Value Analysis, ensuring contractual compliance and effective stewardship of project funds.
- Prepare, review and challenge cost estimates for change orders, trends and scope variations; verify project commitments are aligned with approved budgets and ensure change orders are evaluated, processed and approved in accordance with contractual obligations and Company governance requirements.
- Analyse cost performance, trends and forecast deviations, providing early warning of potential cost overruns and funding impacts; recommend and monitor corrective actions and recovery plans in coordination with the Project Controls and the Project Management Team.
- Develop and maintain cost reporting solutions, management dashboards, performance indicators and executive reporting to ensure timely, accurate and actionable cost information is available for project decision-making; participate in Gate Reviews, Independent Project Reviews (IPRs), audits and assurance activities as the project Cost Subject Matter Expert
- Bachelor's degree in Business, Accounting, Commercial, Marketing, Sciences, Engineering, Project Management, Supply Chain Management, Law, Communication, Technologies, Mathematics, and Statistics
- 8 years experience in business related function or discipline, including 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, EPC contractors, sub-contractors, 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. Knowledge in international standards, best practices and methodologies as it relates to business disciplines. SME level competence in candidate's specific business discipline. Knowledge of relevant business processes/procedures. Experience with risk assessment approach in decision making. Strong knowledge of relevant software and computer skills, e.g., dashboards, data analytics, SAP, etc. Experience supporting large scale integrated operating and executing organizations, such as Operations, Projects, Subsurface, etc.. Previous experience on