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Open nowFirst seen 5 days ago

Lead of Cost Control - Shared Resources (F-1353-Q)

Mekdam Technical Services2,205 open roles

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Your applicationOpen nowLead of Cost Control - Shared Resources (F-1353-Q)Mekdam Technical Services

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Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 58.1%60 days
This job: first seen 5 days ago

The posting

Qualifications

Bachelor Degree in relevant discipline. AACE certification is preferable but not compulsory.

Knowledge and/or Experience

8 years experience in cost allocation, estimation, planning and expenditure working within a Project environment in the oil and gas industry. Experience of working in SAP/BI environment is preferable.

Key Accountabilities

(Duties include but not limited to)

  • Develop efficient cost services and provide expert advice on cost accounting, allocation, planning and control issues to ensure effective processes are utilised throughout the project life cycle.
  • Review and evaluate assumptions and cost plan data to ensure cost centre owners and project management are fully appraised on cost governance requirements and the project complies with approved budget.
  • Identify opportunities to standardise cost and expenditure processes and procedures recommending solutions for cost issues to ensure compliance and project objectives are achieved.
  • Coordinate and develop projects early expenditure profiles and funding appropriation plans in collaboration with Finance department.
  • Provide Funding Packages submittals i.e. Advance Commitments (ACs), Full Funding (FF) and Supplementary Funding wherever required, to ensure that all necessary funding is provided.
  • Develop and maintain a cost and man-hours information database, benchmarking data to provide support for estimating requirements as required.
  • Review cost related procedures, recommending improvements to achieve project goals and ensure cost related initiatives, procedures and activities are understood and followed by all project personnel.
  • Participate in corporate governance activities such as Gate reviews, Independent Project Reviews (IPRs), Cold Eye Review (CER), Constructability Reviews (CRRs) and internal audits as Cost Subject Matter Expert.
  • Provide timely project controls/change management expert advice to Project Management Team (PMT), as well as monthly cost reports highlighting any emerging situations such as cost overruns or re-baseline ensuring project deliverables are achieved.
  • Able to estimate the cost for potential change orders with the EPC Contractor. Has extensive experience in cost estimating for projects
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