Degree in Economics or equivalent
Minimum 15 years' experience in similar activities for the company.
Advanced knowledge & experience in use of relevant computer systems (SAP. Excel. Word. Power Point and Power BI)
Fluency in English
EPC Contracts mechanisms

Activities:

To promote & comply with applicable safety instruction and other Company HSE procedures in all activities
To carry out work in compliance with Company values and policies, relevant laws and regulations. agreed Company priorities and objectives. Company standards and procedure and good industry practices
To treat all information obtained during course of the wort with confidentiality

Budget

To prepare for review dedicated LOP and LRBP data for the project
To prepare for review the detailed annual budget and updates in liaison with various internal entities and in agreement with the NOC budget standard format provided by finance
To participate in the presentation and to defend the budget performance as required
To control budget availability for each commitment
To ensure budget control. highlighting current trends and to justify variances between Forecast and Budget
To establish register, to update, monitor and control the commitments., expenditure incurred and forecast for all contracts and purchase orders managed by Major Projects
To perform specific Cost Analysis
To provide input to the PALM (SAP) system, about commitments, payment schedules. invoicing, time sheets and cost control issues, as required
Liaise with the NOC Finance entity to ensure that G&A and other common costs arc charged fairly to the Major Project budgets

Closure:

To prepare the monthly closure and make sure accruals done by the package cost controllers in PALM system are in accordance with current package and overall project(s) progress
To prepare all necessary documents as necessary for compliance regarding accruals

Cost reporting:

To issue a detailed internal and external monthly cost report (Trends. Areas of Concern. Budget Variance analysis. Commitment Expenditure figures. Forecast at completion etc.) with comments and advise Project Management on cost overruns in a timely manner
To ensure correct and auditable records of all matters with Project expenditures, contracts, budgets, cash flows, forecasts, etc.
To act as the interface with the NOC Finance entity and provide them with data for incorporation in corporate financial documents
To supervise the EPC contractors cost control reporting requirements

Invoicing:

To implement an efficient invoicing process between the different locations of the project
To monitor invoices processing, in liaison with NOC accounting department to enable timely payment of invoices

Organization:

To coordinate and standardize EPC cost controllers' activities across the multiple packages and locations of the project
To develop, communicate and implement procedures to ensure the efficient organization and operation of the Project budget and cost control activities
To advise, during project setup post award. contractors on key commercial requirements (invoicing format and submission. cost reporting etc.)
To anticipate additional requirement for cost control support during execution of the project(s)

General:

To promote cost consciousness within the entity
To ensure confidentially is being kept as per sensitive data
To liaise with internal and external auditors for cost justification
To prepare the required cost recovery related documentation
To liaise actively with NOC Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes...)
To prepare commercial close out of each contract and archive all financial documentation as per NOC guidelines
To carry out any other duties or tasks that may be assigned by hierarchical superiors

If you are interested, kindly apply!

Related tags

lead cost engineer

JOB SUMMARY

Lead Cost Engineer

Doha

7 hours ago

C-level / Executive

Full-time

Lead Cost Engineer