**Head of Cost Control - Oil & Gas Sector**
Are you ready to take the helm of cost control for a high-profile Offshore Compression Project in Doha, Qatar? This contract position is your opportunity to shine within the dynamic and ever-evolving world of oil and gas. We are seeking an individual with expert knowledge in managing project costs who can navigate complex expenditures with ease.
Key Responsibilities:
Provide expert professional advice and guidance in allocation, planning and stewardship of costs and expenditures for Offshore Compression 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 EPC Contracts.
To maintain Shareholder cost estimate confidence throughout the duration of the project by developing detailed cost planning models, analysis and reports to advise, guide and recommend appropriate changes to processes and procedures to meet business requirements.
Ensure cost data integrity across all EPC 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 of the EPCs 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.
Develop a unified cost allocation mechanism across project EPCs to allow accurate cost sharing of common expenses mainly Operation and owner's cost.
Support the Business Manager and lead the financial input into Funding Packages submittals, e.g. Advance Commitments (ACs), Full Funding (FF) and Supplementary Funding wherever required, to ensure that all necessary funding is provided.
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 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 EPC Contracts.
Ensure cost data integrity across all EPC 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 of the EPCs 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.
Develop a unified cost allocation mechanism across project EPCs to allow accurate cost sharing of common expenses mainly Operation and owner's cost.
Support the Business Manager and lead the financial input into Funding Packages submittals, e.g. Advance Commitments (ACs), Full Funding (FF) and Supplementary Funding wherever required, to ensure that all necessary funding is provided.
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 project consistent with project scope and reporting structures requirements across project EPCs.
Facilitates the monitoring of FEED and EPC contractors and project's cost performance comparing to agreed control plans and recommends corrective plans as required during project execution with the appropriate PMT personnel.
Advise Head Project Controls and Project Leadership Team of any potential cost issues, provide guidance on corrective action 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.
Provide support for EPC tenders technical evaluations during Pre-EPC 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 committees.
Skills Required:
* Bachelor Degree in Finance, Engineering, Construction Management related subjects or relevant experience.
* 12 years' experience in Project Cost Control for EPC oil and gas capital projects, of which a minimum of 5 years is in field scheduling together with a thorough and extensive knowledge of Project Controls principles, theories and concepts.
*Previous experience on major projects, from an Owner's perspective, managing EPC Lump Sum Contracts, working with multi-lingual contract teams with large local subcontractors and mentoring Developers is required.
If this sounds like your next career challenge where strategic oversight meets hands-on engagement - we would love hear from you!
Our role in supporting diversity and inclusion
As an international workforce business, we are committed to sourcing personnel that reflects the diversity and values of our client base but also that of Orion Group. We welcome the wide range of experiences and viewpoints that potential workers bring to our business and our clients, including those based on nationality, gender, culture, educational and professional backgrounds, race, ethnicity, sexual orientation, gender identity and expression, disability, and age differences, job classification and religion. In our inclusive workplace, regardless of your employment status as staff or contract, everyone is assured the right of equitable, fair and respectful treatment.
